For Journalists

IMF and Ukrainian Authorities Reach Staff Level Agreement on the Sixth Review of the Extended Fund Facility (EFF) Arrangement

November 19, 2024

New European Wealth Gauge Helps Policymakers Address Inequality

November 19, 2024
Combined measure allows for a deeper understanding of how wealth distribution affects the overall health of economies

Unlocking Adaptation Finance in Emerging Market and Developing Economies

November 19, 2024
Mitigation and decarbonization efforts are falling short of the 1.5°C goal, making adaptation critical. Developing economies are affected the most, despite having contributed the least to the problem. Nearly 98 percent of adaptation finance comes from public actors, with highly fragmented flows from the private sector. As financing needs increase, bringing private sector finance becomes critical and requires reframing adaptation investments from being seen not just as a risk exposure but also as an investment opportunity. This requires addressing real and perceived investment barriers, public-private collaboration and risk sharing, as well as financial incentives and innovation to unlock scalable, inclusive solutions. Adaptation is more complex than mitigation, with challenges in defining, evaluating, pricing, and scaling investments. Progress on adaptation requires policy reforms, incentives, and partnerships between governments, businesses, and communities and public-private risk sharing.

Remarks by IMF Managing Director Kristalina Georgieva at the G20 Leaders' Summit in Rio de Janeiro, Brazil

November 18, 2024

IMF Staff Completes 2024 Article IV Mission to The Sultanate of Oman

November 18, 2024

Transforming Industries for Growth in a Fragmented World

November 18, 2024

This event will elaborate on policy options to tackle barriers to diversification, including both broad-based (horizontal) policies and industrial (vertical) policies.

Malta: Staff Concluding Statement of the 2024 Article IV Mission

November 18, 2024

Guidance Note On The Financing Assurances And Sovereign Arrears Policies And The Fund's Role In Debt Restructurings

November 18, 2024
Under its Articles of Agreement, the Fund may only provide financing to assist members to resolve their balance of payments problems and restore medium-term external viability and may only do so under adequate safeguards. The Fund’s inter-related policies on financing assurances, debt sustainability, and debt restructuring are relevant for restoring medium-term external viability. This note is designed as a reference and primer on these key sovereign debt-related Fund policies. It focuses on how to establish that a program is “fully financed” (i.e., the financing assurances policy), how to handle arrears owed by a member to its official and private creditors (i.e., the lending into arrears policies), and how to establish safeguards for continued Fund lending at the stage of program reviews (i.e., financing assurances reviews). It also provides guidance on the more general role of the Fund in debt-restructuring situations. It is the first comprehensive operational guidance on these policies, replacing the guidance previously available at the departmental level. The relevant Fund Executive Board Decisions remain the primary legal authority on matters covered in this note.

Burkina Faso: Report on Government Finance Statistics Mission (March 18–29, 2024)

November 18, 2024
This technical assistance (TA) mission report is on government finance statistics (GFS) and public sector debt statistics (PSDS). The mission worked on improving the GFS of the consolidation of the general government sector, the extension of GFS coverage to include state-owned enterprises (SOEs) and on improving debt statistics. This mission is part of the implementation workplan of the Regional Technical Assistance Center of the International Monetary Fund for West Africa (AFRITAC West) and was partly funded by the Data for Decisions (D4D) Fund aimed at enhancing data quality to better inform economic policies in low- and middle-income countries.

EBA-Lite 3.0 Model and Methodology

November 18, 2024
The EBA-lite methodology is a key input in external sector assessments for over three-quarters of IMF member countries, representing a broad set of emerging and low-income economies. The EBA-lite methodology is refined periodically, and this paper provides a comprehensive discussion of the current EBA-lite econometric models and framework which is referred to as EBA-lite 3.0. The most recent refinements to the EBA-lite models included data updates, improved construction of model variables, and exclusion of non-robust variables. This paper also updates operational guidance on the complementary EBA-lite tools, such as the external sustainability approach and the modules for commodity exporters.