Mr. Alfred Kammer, Director of the European Department at the IMF, speaks at the Annual Economics Conference: Pillars of ...

CEMAC (Economic and Monetary Community of Central Africa) countries and institutions have made progress in their reform agenda in recent years. However, challenges persist, including high debt levels, ...

At the request of the Ministry of Finance (MoF) of Sri Lanka, a joint IMF-World Bank technical assistance (TA) mission team visited Colombo, Sri Lanka during February 20–March 3, 2023 to support the ...

The IMF Executive Board completed the fourth review under the Stand-By Arrangement (SBA) with Armenia, providing the country with access to SDR 18.4 million (about US$24.12 million). Armenia’s ...

The IMF Executive Board completed the fourth review under the 38-month Extended Credit Facility (ECF) Arrangement for Zambia, providing Zambia with immediate access to about US$184 million. Program ...

European countries are increasingly turning to industrial policy to address the challenge of geopolitical fragmentation, enhance productivity, and accelerate the green transition. Well-targeted ...

The solution is clear: Europe’s industrial policies need a unified, coordinated framework. When countries align their efforts, the benefits of industrial policy can outweigh the costs. Coordinated ...

Industrial policy is once again at the forefront of the policy debate around the world. However, state aid is a contentious issue in the European Union given the need to maintain a level playing in ...

For 60 years, the Fiscal Affairs Department (FAD) has been the Fund’s main driver of fiscal policy advice to IMF’s member countries. In the following interview, FAD Director Vitor Gaspar, reflects on ...

Jordan’s EFF-supported program, approved in January 2024, remains on track. The completion of the second program review makes another SDR 97.784 million (about US$131 million) available to Jordan, out ...

Mr. Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement today in Nairobi at the conclusion of his visit to Kenya over December 8–10, 2024: ...

A newly developed dataset shows how the pandemic’s aftermath ushered in the worst housing affordability crisis in more than a decade The pandemic and subsequent return of inflation set off the world’s ...