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IMF Mission to Egypt: Improvement in Targeting of Energy Subsidies
A staff mission from the International Monetary Fund visited Cairo during April 2-15. At the conclusion, Andreas Bauer, Mission Chief for Egypt, issued the following statement: “The mission made progress in the discussions with the Egyptian authorities on their economic
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IMF: The Risk Side of Exceptionally Low Interest Rates
Several years of exceptionally low interest rates and bond buying by some advanced economy central banks have improved some indicators of banks’ health while supporting the economy and financial stability, according to new research from the International Monetary Fund. In
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The IMF on Low Income Country Bounce Backs
Low-income countries have bounced back in the past two decades. Analysis in the International Monetary Fund’s latest World Economic Outlook (WEO) suggests that dynamic low-income countries are on a stronger economic footing today than before the 1990s, and therefore better
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IMF Statement on Cyprus
Statement on Cyprus by Olli Rehn, European Commission Vice-President and Christine Lagarde, Managing Director of the International Monetary Fund. The Cypriot authorities have put forward a multi-annual reform programme to address the economic challenges facing the country. Its goals are
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Arab Countries In Transition: Where are they Heading?
By Masood Ahmed Director of the IMF’s Middle East and Central Asia Department “You can tell whether a man is clever by his answers. You can tell whether a man is wise by his questions.” — Egyptian Nobel Prize–winning author
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Financial Stability in the European Union: IMF Assessment
In its first ever European Union-wide assessment of the soundness and stability of the financial sector, the International Monetary Fund this month pointed to the need to step up regional efforts to manage financial crises and risks to keep the
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The International Financial Institutions: Collaboration for Development and Growth
Leaders of the African Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the World Bank Group pledged on February 26, 2013 close collaboration to support development and growth. The leaders emphasized the need
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IMF Support for Sri Lanka’s Economic Reform Programme
An IMF staff mission visited Colombo January 30 – February 13 to discuss possible financial support for Sri Lanka’s economic reform agenda under an Extended Fund Facility. The mission met with government and Central Bank officials, as well as representatives
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Frontier Asia and Hopes for More Inclusive Growth
The International Monetary Fund (IMF) and the Japan International Cooperation Agency (JICA) on January 28th held a conference in Bangkok, entitled “Frontier Asia: Economic Transformation and Inclusive Growth.” The conference brought together ministers, central bank governors, other senior policymakers and
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Asia in 2013: Grounds for Optimism, but Challenges Ahead
By Anoop Singh Director, IMF Asia and Pacific Department After a subdued economic performance in emerging Asia in 2012, growth in the region is set to pick up gradually in 2013 helped by external demand and accommodative monetary policy. At
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