International Monetary Fund

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IMF Executive Board Concludes the 2023 Article IV Consultation and Completes the Second Review Under the Stand-By Arrangement with Armenia

December 11, 2023
The Executive Board of the International Monetary Fund (IMF) completed the second review under the Stand-By Arrangement with Armenia. This provides the country with access to about US$24.4 million (SDR 18.4 million), bringing the total access to about US$73.3 million (SDR 55.2 million). The Armenian authorities continue to treat the SBA as precautionary.  click for more

Azerbaijan Staff Concluding Statement of the 2023 Article IV Mission

December 11, 2023
An International Monetary Fund (IMF) staff team visited Baku and held discussions on the 2023 Article IV consultation November 1 to November 16, 2023. The IMF team would like to thank the authorities and other interlocutors in Baku for their frank and open discussions. The views presented here are our preliminary findings based on these discussions.  click for more

Statement by IMF Managing Director Kristalina Georgieva on her Meeting with Ukraine President Volodymyr Zelenskyy

December 11, 2023
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today, following her meeting with Mr. Volodymyr Zelenskyy, President of Ukraine:  click for more

IMF Executive Board Concludes the 2023 Article IV Consultation and the Second Review under the Extended Fund Facility Arrangement for Ukraine

December 11, 2023
The IMF Board today concluded the 2023 Article IV consultation and completed the Second Review of the extended arrangement under the Extended Fund Facility (EFF) for Ukraine, allowing the authorities to draw the equivalent of about US$900 million (SDR 663.9 million), which will be channeled for budget support.  click for more

Republic of Kosovo: Technical Assistance Report-Residential Property Price Index Mission

December 11, 2023
Country Report No. 2023/398  click for more

Exploring the Adoption of Selected Digital Technologies in Tax Administration: A Cross-Country Perspective

December 11, 2023
IMF Notes No 2023/008  click for more

Cold War II? Preserving Economic Cooperation Amid Geoeconomic Fragmentation

December 11, 2023
In her speech at the 20th World Congress of the International Economic Association, Gita Gopinath discusses the potential onset of Cold War II and its implications for the global economy. She draws parallels between historical periods of globalization and fragmentation, emphasizing the current geopolitical tensions between the US and China. Gopinath highlights signs of growing trade and investment fragmentation and the risks it poses to economic cooperation and growth. She emphasizes the need for pragmatic approaches to minimize the costs of fragmentation while addressing security concerns. Gopinath suggests three principles for policymakers: seeking multilateral approaches for common interests, adopting non-discriminatory plurilateral agreements, and restricting unilateral policy actions to correct market distortions. She concludes by urging collaboration to preserve the benefits of free trade and tackle global challenges in an increasingly fragmented world.  click for more

High-level Seminar on Climate Change Issues for Governors and Financial Sector Policymakers

December 8 , 2023

High-Dimensional Covariance Matrix Estimation: Shrinkage Toward a Diagonal Target

December 8 , 2023
Working Paper No. 2023/257  click for more

Thirteenth Periodic Monitoring Report on The Status of Management Implementation Plans in Response to Board-Endorsed IEO Recommendations

December 8 , 2023
Policy Paper No. 2023/054  click for more

Lawful Progress: Unveiling the Laws That Reshape Women’s Work Decisions

December 8 , 2023
Working Paper No. 2023/252  click for more

Feeling Rich, Feeling Poor: Housing Wealth Effects and Consumption in Europe

December 8 , 2023
Working Paper No. 2023/256  click for more

How Far Has Globalization Gone? A Tale of Two Regions

December 8 , 2023
Working Paper No. 2023/255  click for more

The Dark Side of the Moon? Fintech and Financial Stability

December 8 , 2023
Working Paper No. 2023/253  click for more

Optimal Taxation of Inflation

December 8 , 2023
Working Paper No. 2023/254  click for more

Monetary Policy Frameworks and Communication in the Caucasus and Central Asia

December 8 , 2023
Working Paper No. 2023/251  click for more

IMF Team Reaches Staff-Level Agreement on a New 42-Month Extended Credit Facility (ECF) Arrangement with Republic of Togo

December 8 , 2023
IMF staff and the Togolese authorities have reached staff-level agreement on economic policies and reforms to be supported by a new 42-month arrangement under the Extended Credit Facility (ECF) of about US$390 million to address pressing spending needs, including due to increasing security concerns and to preserve stability and social inclusion.  click for more

Namibia: Technical Assistance Report on Government Finance Statistics Mission (August 28-September 1, 2023)

December 8 , 2023
Country Report No. 2023/397  click for more

IMF Executive Board Concludes the Thirteenth Periodic Monitoring Report on the Status of Management Implementation Plans in Response to Board-Endorsed IEO Recommendations

December 8 , 2023
The Executive Board of the International Monetary Fund (IMF) concluded the Thirteenth Periodic Monitoring Report (PMR) on the Status of Management Implementation Plans (MIPs) in Response to Board-Endorsed Independent Evaluation Office (IEO) Recommendations.  click for more

Climate and Cross-Border Migration

December 8 , 2023
Working Paper No. 2023/250  click for more

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