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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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string(281) "The head of the International Monetary Fund on Sunday called on China to implement a comprehensive package of pro-market reforms to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment. Chinese policymakers have .."
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string(10) "2024-03-24"
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string(99) "IMF reclassifies India’s exchange rate regime to ‘stabilised arrangement’, faces RBI pushback"
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string(259) "The IMF reclassification followed the Reserve Bank of India's likely forex interventions where the rupee traded in a "very narrow range, suggesting intervention likely exceeded levels necessary to address disorderly market conditions," IMF said in the report."
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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(84) "International Monetary Fund (IMF) Staff Completes 2023 Article IV Mission to Namibia"
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string(212) "On the back of sustained mining growth and recovery in tourism, real GDP growth reached 4.6 percent in 2022 and economic activity is expected to surpass the pre-pandemic level in 2023 with a growth of 3.2 percent"
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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(70) "International Monetary Fund projects India FY23 growth at 6.1 per cent"
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string(131) "The International Monetary Fund (IMF) has revised upwards India’s growth projection for 2023-24 by 0.2 percentage points to 6.1%."
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string(282) "The IMF raised its global economic growth forecast to 3 percent from 2.8 percent this year, while keeping it constant at 3 percent for 2024. Turkey's growth forecast, on the other hand, increased by 0.3 points to 3 percent, while the 2024 growth forecast was reduced to 2.8 percent."
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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
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.
The head of the International Monetary Fund on Sunday called on China to implement a comprehensive package of pro-market reforms to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment. Chinese policymakers have ..
The IMF reclassification followed the Reserve Bank of India's likely forex interventions where the rupee traded in a "very narrow range, suggesting intervention likely exceeded levels necessary to address disorderly market conditions," IMF said in the report.
On the back of sustained mining growth and recovery in tourism, real GDP growth reached 4.6 percent in 2022 and economic activity is expected to surpass the pre-pandemic level in 2023 with a growth of 3.2 percent
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
The IMF raised its global economic growth forecast to 3 percent from 2.8 percent this year, while keeping it constant at 3 percent for 2024. Turkey's growth forecast, on the other hand, increased by 0.3 points to 3 percent, while the 2024 growth forecast was reduced to 2.8 percent.
Grenada’ tourism-dependent economy continued to recover from the pandemic amidst rising energy and food prices. Growth is estimated to have reached 6.4 percent in 2022, driven by a tourism rebound and construction activity. Inflation rose moderately to 2.9 percent by end-2022, as the authorities’
“Following a strong recovery of almost 12 percent growth in 2021, Botswana‘s economy grew by 5.8 percent in 2022, significantly above the long-run average of 4 percent. The recovery from the pandemic primarily reflects elevated mining production, but also robust manufacturing and construction.
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