What's New Archive

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IMF Staff Completes the 2024 Article IV Mission to Malaysia

December 14, 2023
An International Monetary Fund (IMF) team, led by Mr. Lamin Leigh, conducted discussions for the 2023 Article IV Consultation with the Malaysian authorities and other stakeholders during December 5-14, 2023.  

IMF Executive Board Concludes 2023 Financial System Stability Assessment with Maldives

December 14, 2023
Maldives is a tourism dependent economy with a small financial sector dominated by state-owned banks. Systemic risks stem largely from a growing sovereign-bank nexus, high dollarization, and a shortage of foreign exchange. The FSAP risk analysis found that banks are generally resilient to adverse economic shocks but highly exposed to sovereign debt and large borrowers, which makes them vulnerable to adverse developments on these fronts. While banks generally maintain adequate liquidity, they are relatively exposed to foreign currency risks. A climate risk analysis suggests no material mid-century coastal flood impact on the banking system.  

Bangladesh: 2023 Article IV Consultation, First Reviews Under the Extended Credit Facility Arrangement, Arrangement Under the Extended Fund Facility, and the Resilience and Sustainability Facility Arrangement, Requests for a Waiver of Nonobservance of a Performance Criterion, and Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Bangladesh

December 14, 2023
Country Report No. 2023/409  

Republic of Armenia: Selected Issues

December 14, 2023
Country Report No. 2023/417  

Bangladesh: Selected Issues

December 14, 2023
Country Report No. 2023/410  

Republic of Armenia: 2023 Article IV Consultation and Second Review Under the Stand-By Arrangement and Request for Modifications of Performance Criteria and Monetary Policy Consultation Clause-Press Release; Staff Report; and Statement by the Executive Director

December 14, 2023
Country Report No. 2023/416  

Gulf Cooperation Council: Economic Prospects and Policy Challenges for the GCC Countries

December 14, 2023
Country Report No. 2023/413  

IMF Staff Completes 2023 Article IV Mission to Algeria

December 14, 2023
An International Monetary Fund (IMF) mission led by Mr. Chris Geiregat visited Algiers during December 3–14 for the 2023 Article IV consultations with Algeria. At the end of the mission, Mr. Geiregat issued the following statement:  

How To Assess Spending Needs of the Sustainable Development Goals: The Third Edition of the International Monetary Fund Sustainable Development Goals Costing Tool

December 14, 2023
How-To Note No 2023/005  

Keynote Speech by The IMF Managing Director: Women’s Corporate Director’s Korea Special Forum

December 14, 2023
Hello! Thank you to Deputy Prime Minister Choo for your kind remarks, to Ms. Kwon for your nice introduction, and to the “Women Corporate Directors’ Korea Chapter” for the invitation. It’s a pleasure to share the stage—and the room—with such an outstanding group of inspiring leaders. You show the progress and promise of Korea’s women.  

Leaving the Wild West: Taming Crypto and Unleashing Blockchain

December 13, 2023
Leaving the Wild West: Taming Crypto and Unleashing Blockchain, IMF Managing Director Kristalina Georgieva Remarks delivered at the MOEF-BOK-FSC-IMF International Conference on Digital Money, December 14 - 15, 2023, Seoul, South Korea  

IMF Executive Board Completes the First Review of the Arrangements Under the Extended Fund Facility, the Extended Credit Facility, and the Resilience and Sustainability Facility for Senegal

December 13, 2023
The IMF Executive Board completed today the first review of the Senegalese authorities’ economic program under the EFF, the ECF, and the RSF Arrangements. The completion of the reviews enables the immediate release to Senegal of about US$ 214.86 million (SDR 161.82 million) under the combined ECF/EFF and about US$ 64.45 million (SDR 48.54 million) under the RSF.  

IMF Executive Board Completes Second Review Under the Extended Credit Facility Arrangement for the United Republic of Tanzania and Approves US$150.5 million Disbursement

December 13, 2023
The IMF Executive Board today completed the second review of the Extended Credit Facility Arrangement for Tanzania, allowing for an immediate disbursement of about US$ 150.5 million for budget support.  

IMFC Selects Saudi Arabia’s Minister of Finance Mohammed Aljadaan as New Chair

December 13, 2023
The members of the International Monetary and Financial Committee (IMFC), the policy advisory body of the Board of Governors of the International Monetary Fund (IMF), have selected Saudi Arabia’s Minister of Finance, Mr. Mohammed Aljadaan, as Chair of the Committee for a term of three years, effective January 4, 2024. Mr. Aljadaan will succeed Ms. Nadia Calviño, Spain’s First Vice President and Minister for Economic Affairs and Digital Transformation, who has chaired the IMFC since January 3, 2022.  

Making Romania Fit and Resilient for the Net-Zero Transition

December 13, 2023
Selected Issues Paper No. 2023/063  

Labor Force Participation in Romania

December 13, 2023
Selected Issues Paper No. 2023/062  

IMF and World Bank Announce US$4.5 billion in Debt Relief for Somalia

December 13, 2023
The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have approved the Heavily Indebted Poor Countries (HIPC) Initiative Completion Point for Somalia, which provides total debt service savings for the country of US$4.5 billion. Following HIPC Completion Point, Somalia’s external debt has fallen from 64 percent of GDP in 2018 to less than 6 percent of GDP by end 2023. This debt relief will facilitate access to critical additional financial resources that will help Somalia strengthen its economy, reduce poverty, and promote job creation.  

IMF Executive Board Concludes the Sixth Review of the Extended Credit Facility for Somalia

December 13, 2023
Somalia has maintained strong reform momentum and program performance has been satisfactory. The IMF Executive Board completed the sixth and final review under Somalia’s Extended Credit Facility (ECF) arrangement.  

Call for Papers: Global Challenges and Channels for Fiscal and Monetary Policy

December 12, 2023

Transcript of Press Briefing: IMF Executive Board Completion of Second Review for IMF-Supported Program for Sri Lanka

December 12, 2023
Today, the IMF Executive Board completed the first review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with access to SDR 254 million (about US$337 million).  

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