What's New Archive
Bangladesh and its Partners are Launching the Bangladesh Climate and Development Platform to Leverage Adaptation and Mitigation Investments
December 3 , 2023
Bangladesh and its Partners are Launching the Bangladesh Climate and Development Platform to Leverage Adaptation and Mitigation Investments
Rwanda Climate Finance Partnership Powers Innovative Climate Action
December 3 , 2023
Rwanda Climate Finance Partnership Powers Innovative Climate Action
Costa Rica Engages with Multilateral Partners to Launch a Sustainable Project Preparation Facility and Crowd in Climate Investments
December 2 , 2023
The Government of Costa Rica announced today the creation of a Public-Private Partnership (PPP) Project Preparation Facility (PPF) to leverage public and private sector resources to develop sustainable and efficient infrastructure projects.
MD Remarks to EU Pavilion Discussion on Carbon Pricing and Carbon Markets
December 1 , 2023
Thank you for bringing us together. I cannot think of a more important topic than accelerating decarbonization by pricing carbon. IMF research shows that the path of borrowing to fund decarbonization is not one that countries can afford to follow. Whereas the path of pricing carbon is pragmatic, leads to more revenues, creates incentives for changing behavior, and is equitable.
Managing Director’s Remarks at the World Bank/IMF/Financial Times Pavilion: A Fireside Chat with President Banga, Moderated by Pilita Clark.
December 1 , 2023
This is the first COP when the IMF and the World Bank have shared a pavilion. This sends a signal that we all need to work together in a way that makes sure what we achieve is bigger than we would have achieved on our own. Going to the money: $5 trillion sounds like an impossible amount of climate finance, but if you look at the world economy today, it is over $100 trillion economy and it will continue to grow. So, by the time we move into the decades ahead, there should be better capacity to finance any activity.
Housing Affordability: A New Dataset
December 1 , 2023
Working Paper No. 2023/247
Navigating the Well-Being Effects of Monetary Policy: Evidence from the Euro Area
December 1 , 2023
Working Paper No. 2023/248
IMF Executive Board Holds Informal Briefing on Venezuela
December 1 , 2023
In line with the standard procedures for members whose Article IV consultations with the IMF are extensively delayed, on December 1, 2023, the Executive Board was briefed by staff on recent economic developments in Venezuela.
Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood
December 1 , 2023
Working Paper No. 2023/246
Europe in a Fragmented World
November 30, 2023
In her acceptance speech for the 2023 Bernhard Harms Prize, Gita Gopinath discusses the rising phenomenon of geoeconomic fragmentation and its implications for Europe. She highlights three key points: Firstly, she emphasizes that geoeconomic fragmentation is a reality, with trade patterns shifting and supply chains lengthening. Secondly, Gopinath notes that while Europe is highly exposed to this fragmentation, its diverse membership and innovative capabilities position it to weather the effects. Finally, she advocates for EU policymakers to prioritize deepening the single market and calls for a rules-based global trading system to leverage Europe's unique strengths and foster resilience in the face of a divided world.
IMF Executive Board Completes the Third Review of the Nepal Extended Credit Facility
November 30, 2023
On November 29, the Executive Board of the International Monetary Fund (IMF) completed the third review under the four year Extended Credit Facility (ECF) for Nepal, allowing the authorities to withdraw the equivalent of SDR 39.20 million (about US$ 52.25 million). This brings total disbursements under the ECF for budget support thus far to SDR 166.90 million (about US$ 222.5 million).
Daniel Susskind: AI’s Transformation of Labor
Geoeconomic Fragmentation: What’s at Stake for the EU
November 30, 2023
Working Paper No. 2023/245
IMF Executive Board Completes the Third Review of the Extended Credit Facility Arrangement for Guinea-Bissau and Approves US$8.2 Million Disbursement
November 29, 2023
Guinea Bissau, Third Review, Extended Credit Facility
IMF Staff Completes 2023 Article IV Mission to Timor-Leste
November 29, 2023
Timor-Leste’s growth is expected to slow to 1.5 percent in 2023 but will recover to 3.5 percent in 2024 supported by the new government’s prioritization of public capital expenditure. Inflation remains high and will average 8 percent in 2023 but is expected to ease to 2.5 percent in 2024.
Asia’s Perspectives on Climate Change: Policies, Perceptions, and Gaps
November 29, 2023
Departmental Paper No 2023/008
Resilience and Sustainability Facility—Operational Guidance Note
November 28, 2023
Policy Paper No. 2023/051
Republic of Nauru: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Nauru
November 28, 2023
Country Report No. 2023/376
IMF Executive Board Concludes 2023 Article IV Consultation with Nauru
November 28, 2023
On November 17, the Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation with Republic of Nauru.
CBDCs and Multilateral Payment Platforms
November 28, 2023
Speech by Tobias Adrian, IMF Financial Counsellor and Director of the Monetary and Capital Markets Department at the Atlantic Council Conference on Exploring Central Bank Digital Currency: Evaluating Challenges & Developing International Standards