What's New Archive

Page: 49 of 210844454647484950515253

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).  

Opening Remarks by Peter Breuer, Senior Mission Chief for Sri Lanka at the Press Briefing on Sri Lanka

December 12, 2023
Opening Remarks by Peter Breuer, Senior Mission Chief for Sri Lanka at the Press Briefing on Sri Lanka  

IMF Staff Completes 2023 Article IV Mission to the Federated States of Micronesia

December 12, 2023
An International Monetary Fund (IMF) team led by Paulo Medas conducted discussions for the 2023 Article IV consultation with the Federated States of Micronesia (FSM) from November 28 to December 12. The team exchanged views with the Finance Secretary Nakanaga, Governor Oliver of Pohnpei state, as well as senior officials in several departments of the national government and state governments, the private sector, and development partners.  

Côte d'Ivoire: First Reviews Under the Extended Arrangement Under the Extended Fund Facility and Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

December 12, 2023
Country Report No. 2023/406  

Cote d'Ivoire: Poverty Reduction and Growth Strategy

December 12, 2023
Country Report No. 2023/407  

IMF Spokesperson Statement on Argentina

December 12, 2023
“IMF staff welcome the measures announced earlier today by Argentina’s new Economy Minister, Luis Caputo. These bold initial actions aim to significantly improve public finances in a manner that protects the most vulnerable in society and strengthen the foreign exchange regime. Their decisive implementation will help stabilize the economy and set the basis for more sustainable and private-sector led growth.  

Sri Lanka: First Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for a Waiver of Nonobservance of Performance Criterion, Modification of Performance Criteria, Rephasing of Access, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Sri Lanka

December 12, 2023
Country Report No. 2023/408  

IMF Executive Board Concludes 2023 Article IV Consultation with Bangladesh and Completes the First Review Under the Extended Credit Facility, Extended Fund Facility, and Resilience and Sustainability Facility

December 12, 2023
The Executive Board of the International Monetary Fund (IMF) completed the first review under the ECF/EFF and RSF arrangements for Bangladesh, allowing the authorities to withdraw the equivalent to SDR 352.35 million (about US$468.3 million) under the ECF/EFF, and SDR 166.67 million (about US$221.5 million) under the RSF. This brings total disbursements under the ECF/EFF thus far to SDR 704.70 million (about US$936.6 million) and under the RSF to SDR 166.67 million (about US$221.5 million). The Executive Board also concluded the 2023 Article IV consultation with Bangladesh. ,  

Ebb and Flow of Globalization–Perspectives on the Role of Trade and Financial Integration for International Spillovers

December 12, 2023

Page: 49 of 210844454647484950515253