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string(1458) "The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards.
To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies.
The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries.
Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics."
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["title_en"]=>
string(59) "IMF Report Projects Reduction in Changes of Consumer Prices"
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string(84) "Kenya has in recent years witnessed a high increase in the prices of consumer goods."
["url"]=>
string(90) "https://www.kenyans.co.ke/news/99879-imf-report-projects-reduction-changes-consumer-prices"
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string(56) "Saudi Arabia needs oil price near $100 to breakeven: IMF"
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string(154) "Saudi Arabia will require an average oil price of $96.20 a barrel to balance its budget, assuming it holds crude output steady near 9.3 million barrels..."
["url"]=>
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string(65) "Egypt yields to IMF, raises prices of wide range of fuel products"
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string(96) "Egypt raised the prices of a wide range of fuel products today as it seeks to keep to a year-old"
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string(72) "IMF Predicts Spike in Fuel and Cooking Gas Prices as Shipping Costs Rise"
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string(64) "EPRA is expected to review the current pump prices in two weeks."
["url"]=>
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string(10) "2024-01-31"
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string(64) "International Monetary Fund (IMF) Staff Concludes Visit to Libya"
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string(124) "Despite the devastating floods, Libya’s medium-term economic outlook remains positive due to the projected high oil prices"
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string(104) "https://imf-fmi.africa-newsroom.com/press/international-monetary-fund-imf-staff-concludes-visit-to-libya"
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string(10) "2023-11-20"
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string(138) "IPPs contracts and IMF conditionality; Root Causes for Escalating Electricity Prices - The Dayspring | Youth Centric Newspaper of Pakistan"
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string(224) "he recent surge in electricity prices has caused citizens to stage protests and sit-ins nationwide. People have expressed anguish and agony against the government and its authorities by tearing and burning electricity bills."
["url"]=>
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string(85) "IMF Executive Board Concludes First Post Financing Assessment Discussions with Angola"
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string(297) "Successful reforms coupled by firmed oil prices supported the Angola’s economic recovery in 2021–22, however, declined oil production has led to significant challenges to the economy. Towards the end of 2022 and the first half of 2023, the oil sector weakened due to the extension of temporary"
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string(51) "International Monetary Fund - Fossil Fuel Subsidies"
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string(298) "Globally, fossil fuel subsidies were $7 trillion or 7.1 percent of GDP in 2022, reflecting a $2 trillion increase since 2020 due to government support from surging energy prices. Subsidies are expected to decline in the near-term as energy price support policies is unwound and international prices"
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string(43) "IMF Fossil Fuel Subsidies Data: 2023 Update"
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string(300) "This paper provides a comprehensive global, regional, and country-level update of: (i) efficient fossil fuel prices to reflect supply and environmental costs; and (ii) subsidies implied by charging below efficient fuel prices. Globally, fossil fuel subsidies were$7 trillion in 2022 or 7.1 percent of"
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8227f-us-international-monetary-fund
International Monetary Fund
Location
District of Columbia
Founded
1947-02-28
Website
https://www.imf.org
Articles
1498 Articles
Category
Libraries
Description
The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards.
To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies.
The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries.
Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.
Saudi Arabia will require an average oil price of $96.20 a barrel to balance its budget, assuming it holds crude output steady near 9.3 million barrels...
he recent surge in electricity prices has caused citizens to stage protests and sit-ins nationwide. People have expressed anguish and agony against the government and its authorities by tearing and burning electricity bills.
Successful reforms coupled by firmed oil prices supported the Angola’s economic recovery in 2021–22, however, declined oil production has led to significant challenges to the economy. Towards the end of 2022 and the first half of 2023, the oil sector weakened due to the extension of temporary
Globally, fossil fuel subsidies were $7 trillion or 7.1 percent of GDP in 2022, reflecting a $2 trillion increase since 2020 due to government support from surging energy prices. Subsidies are expected to decline in the near-term as energy price support policies is unwound and international prices
This paper provides a comprehensive global, regional, and country-level update of: (i) efficient fossil fuel prices to reflect supply and environmental costs; and (ii) subsidies implied by charging below efficient fuel prices. Globally, fossil fuel subsidies were$7 trillion in 2022 or 7.1 percent of
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