array(3) { ["company_details"]=> array(13) { ["name"]=> string(27) "International Monetary Fund" ["slug"]=> string(36) "8227f-us-international-monetary-fund" ["logo"]=> string(84) "https://images.businessradar.com/linkedin_logos/f37b1b64-ce45-415c-829d-291882b18c14" ["description"]=> 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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Georgieva at the World Economic Forum (WEF) held in Davos, Switzerland." 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Subsidies are expected to decline in the near-term as energy price support policies is unwound and international prices" ["url"]=> string(85) "https://discussion.fool.com/t/international-monetary-fund-fossil-fuel-subsidies/95814" ["image_url"]=> string(78) "https://images.businessradar.com/articles/68358f03-ee13-4129-b783-18670ea2e31c" ["source"]=> string(8) "fool.com" ["publication_date"]=> string(10) "2023-08-25" ["categories"]=> array(4) { [0]=> string(17) "Commodity Pricing" [1]=> string(15) "Market Movement" [2]=> string(24) "Government Interventions" [3]=> string(17) "Energy Management" } } [3]=> array(7) { ["title_en"]=> string(43) "IMF Fossil Fuel Subsidies Data: 2023 Update" ["snippet_en"]=> 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" ["url"]=> string(106) "https://www.imf.org/en/Publications/WP/Issues/2023/08/22/IMF-Fossil-Fuel-Subsidies-Data-2023-Update-537281" ["image_url"]=> NULL ["source"]=> string(7) "imf.org" ["publication_date"]=> string(10) "2023-08-24" ["categories"]=> array(3) { [0]=> string(17) "Commodity Pricing" [1]=> string(13) "Data Security" [2]=> string(17) "Energy Management" } } [4]=> array(7) { ["title_en"]=> string(71) "IMF Executive Board Concludes 2023 Article IV Consultation with Germany" ["snippet_en"]=> string(300) "The German economy has demonstrated resilience following the shut-off of Russian gas supply last year. Highly adverse scenarios of widespread energy scarcity have been avoided due to strong efforts to conserve gas and secure energy supplies, as well as the lack of severe winter weather. 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International Monetary Fund

Location

District of Columbia

Founded

1947-02-28

Website

https://www.imf.org

Articles

1493 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.

Articles

Nawaz questions hike in power, gas tariff amid IMF pressure

2024-03-19 (geo.tv)

Nawaz questions hike in power, gas tariff amid IMF pressure

PML-N supremo raises concerns regarding increase in power and gas rates, wondering how to stop it

Read more
IMF President: Use subsidies provided to fossil fuels for climate struggle - YeÅŸil Gazete

2024-01-18 (yesilgazete.org)

IMF President: Use subsidies provided to fossil fuels for climate struggle - YeÅŸil Gazete

International Monetary Fund (IMF) President Kristalina Georgieva called for the subsidies provided by governments to fossil fuels to be used to finance the fight against climate change. Georgieva at the World Economic Forum (WEF) held in Davos, Switzerland.

Read more
International Monetary Fund - Fossil Fuel Subsidies

2023-08-25 (fool.com)

International Monetary Fund - Fossil Fuel Subsidies

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

Read more
IMF Fossil Fuel Subsidies Data: 2023 Update

2023-08-24 (imf.org)

IMF Fossil Fuel Subsidies Data: 2023 Update

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

Read more
IMF Executive Board Concludes 2023 Article IV Consultation with Germany

2023-07-17 (imf.org)

IMF Executive Board Concludes 2023 Article IV Consultation with Germany

The German economy has demonstrated resilience following the shut-off of Russian gas supply last year. Highly adverse scenarios of widespread energy scarcity have been avoided due to strong efforts to conserve gas and secure energy supplies, as well as the lack of severe winter weather. Nevertheless

Read more
The IMF-World Bank Climate Policy Assessment Tool (CPAT): A Model to Help Countries Mitigate Climate Change

2023-06-23 (imf.org)

The IMF-World Bank Climate Policy Assessment Tool (CPAT): A Model to Help Countries Mitigate Climate Change

To stabilize the climate, global greenhouse gas emissions must be cut by 25 to 50 percent by 2030 compared to 2019. Such an unprecedented rate of decarbonization necessitates climate mitigation policies across countries, notably carbon pricing, fossil fuel subsidy reform, renewable subsidies,

Read more
IMF Executive Board Concludes 2023 Article IV Consultation with Trinidad and Tobago

2023-05-05 (imf.org)

IMF Executive Board Concludes 2023 Article IV Consultation with Trinidad and Tobago

Trinidad and Tobago’s economic activity is recovering supported by higher global energy prices and the rebound of the non-energy sector. Real GDP is estimated to have expanded by 2.5 percent in 2022. Inflation has increased, reaching 8.7 percent by end-2022, driven by imported energy and food prices

Read more
IMF Seminar: Climate Finance and Energy Security

2023-03-17 (imf.org)

IMF Seminar: Climate Finance and Energy Security

Overview The world needs to triple investment in clean energy to achieve the climate goals set at COP26. New concerns about energy security could drive efforts to close this daunting investment gap. Our panel will discuss clean energy finance in the geopolitical context. Does investment

Read more
Azerbaijan seeks to become the green energy supplier of the EU

2023-01-24 (moderndiplomacy.eu)

Azerbaijan seeks to become the green energy supplier of the EU

Recently, Georgia, Azerbaijan, Hungary and Romania signed an agreement to build a strategic partnership regarding green energy. According to the document of the text, these four countries will be working together to develop a 1,195 kilometer submarine power cable underneath the Black Sea, thus

Read more

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