What's New Archive
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
Climate Goals and Debt: A Fiscal Balancing Act
Energy Transition and Geoeconomic Fragmentation: Implications for Climate Scenario Design
November 28, 2023
Staff Climate Note No 2023/003
Regulatory and Policy Initiatives to Address Sustainability-related Risks and Opportunities
November 27, 2023
Achieving net-zero carbon emissions by 2050 requires a deep economic transformation, substantially impacting financial systems. Financial sector regulators and supervisors have important roles to play in enhancing the resilience of the financial sector to climate-related shocks and building a foundation of transparent and fair markets for investment in transition finance.
Bahamas: Staff Concluding Statement of the 2023 Article IV Mission
November 27, 2023
The Bahamas’ economy continued to rebound vigorously in 2022. Real GDP growth reached 14.4 percent and unemployment fell to 8.8 percent with a broad-based expansion that was especially strong for tourism. However, labor force participation, particularly among men, remained below pre-pandemic levels. In 2023, international flight and cruise arrivals rose well above their pre-pandemic levels leading to a projected 4.3 percent expansion in the year, bringing the economy back to estimates of potential output.
Sierra Leone: Eighth Review Under the Extended Credit Facility Arrangement, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review
November 27, 2023
Country Report No. 2023/377
Taming Financial Dollarization: Determinants and Effective Policies – The Case of Uruguay
November 24, 2023
Working Paper No. 2023/244
Monetary Policy Design with Recurrent Climate Shocks
November 24, 2023
Working Paper No. 2023/243
Mitigating Climate Change at the Firm Level: Mind the Laggards
November 24, 2023
Working Paper No. 2023/242
Malta: Staff Concluding Statement of the 2023 Article IV Mission
November 23, 2023
Malta has marked an impressive recovery from the pandemic and demonstrated substantial resilience to shocks resulting from Russia’s invasion of Ukraine. With weaker external demand and waning post-pandemic pent-up demand, growth is normalizing but is still expected to be among the highest in Europe. Persistent inflationary pressures are expected, while concern has risen about capacity constraints.
Nicaragua: Staff Concluding Statement of the 2023 Article IV Mission
November 22, 2023
Nicaragua’s economy has remained resilient in the face of multiple shocks, supported by appropriate economic policies, substantial buffers, and multilateral support. After a very strong rebound in 2021, the economy grew at a steady pace since 2022 on the back of private consumption and exports. Real GDP is expected to grow by 4 percent in 2023, inflation to slow down, and the fiscal position of the central government to maintain a small surplus and healthy government deposits.
IMF Executive Board Completes the First Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements for Papua New Guinea
November 22, 2023
Papua New Guinea’s economic outlook remains favorable. Growth is expected to soften to 3.0 percent this year, due to the normalization of LNG production, but is projected to rebound to 5.0 percent in 2024, spurred by the expected reopening of Porgera gold mine and by sustained growth in the agriculture and service sectors. Inflation—after significantly declining in the past year due to fiscal measures and lower imported inflation, is projected to rise, reaching 3.5 percent by end-2023 and 5.0 percent by end-2024.
Malawi: Second Review Under the Staff-Monitored Program with Executive Board Involvement and Request for an Arrangement Under the Extended Credit Facility-Press Release; Staff Report
November 22, 2023
Country Report No. 2023/375