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International Monetary Fund

Location

District of Columbia

Founded

1947-02-28

Website

https://www.imf.org

Articles

1500 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

IMF raises US growth rate by 0.6%p, maintains Korea's growth rate at 2.3%

2024-04-01 (zum.com)

IMF raises US growth rate by 0.6%p, maintains Korea's growth rate at 2.3%

[Sejong = Edaily Reporter Jo Yong-seok] The International Monetary Fund [IMF] raised the annual real gross domestic product [GDP] growth rate of the United States this year by 0.6 percentage points to 2.7% in three months.

Read more
IMF reports strong economic growth in Belize

2024-03-01 (amandala.com.bz)

IMF reports strong economic growth in Belize

by Kristen Ku BELIZE CITY, Thurs. Feb. 29, 2024 The International Monetary Fund (IMF) has released a report on Belize’s economic performance, following the conclusion of its 2024 Article IV consult...

Read more
IMF sees some signs of China stabilization; reforms can boost medium-term growth

2023-09-28 (indiatimes.com)

IMF sees some signs of China stabilization; reforms can boost medium-term growth

Chief spokesperson Julie Kozack told a regular news briefing that the IMF continues to believe that China can achieve around 5% growth this year, with detailed projections due when the IMF publishes its World Economic Outlook during IMF-World Bank annual meetings in Marrakech, Morocco on Oct. 10.

Read more
IMF changes its growth forecast for Türkiye | Newspaper Manifesto

2023-07-25 (gazetemanifesto.com)

IMF changes its growth forecast for Türkiye | Newspaper Manifesto

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.

Read more
IMF Revises World Growth Forecast, Cuts MENA Region's Growth Projections

2023-07-25 (forbesmiddleeast.com)

IMF Revises World Growth Forecast, Cuts MENA Region's Growth Projections

The International Monetary Fund (IMF) revised Tuesday its world growth outlook for 2023, driven by resilient Q1 economic activity, but warned that continuing challenges were negatively impacting the medium-term outlook. However, the IMF lowered the MENA region's annual growth projection.

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

2023-06-22 (imf.org)

IMF Executive Board Concludes 2023 Article IV Consultation with Portugal

The economy sustained its dynamic recovery from the pandemic into 2022. GDP surpassed the pre-pandemic level in the first quarter and growth averaged 6.7 percent for the year—among the highest in the euro area. The momentum continued through early 2023 with growth at 2.5 percent( year-on-year) in Q1

Read more
IMF Executive Board Concludes 2022 Article IV Consultation with the Republic of Tajikistan

2023-03-24 (imf.org)

IMF Executive Board Concludes 2022 Article IV Consultation with the Republic of Tajikistan

Tajikistan continued to experience strong growth in 2022, with minimal disruption from the war in Ukraine as strong financial inflows supported domestic demand and liquidity. Real GDP increased by8 percent in 2022, while higher remittances kept the current account in surplus and helped increase FX

Read more
International Monetary Fund (IMF) Staff Concludes Visit to the Democratic Republic of the Congo

2023-02-16 (zawya.com)

International Monetary Fund (IMF) Staff Concludes Visit to the Democratic Republic of the Congo

Real GDP growth has been revised upwards to 8.5 percent in 2022 thanks to stronger production in the mining sector and is projected to remain elevated in 2023. The favorable 2023 outlook is overshadowed by heightened downside risks from an escalation of the armed conflict in the East, uncertainty in

Read more
International Monetary Fund (IMF) Executive Board Concludes 2022 Article IV Consultation with Nigeria

2023-02-08 (africa-newsroom.com)

International Monetary Fund (IMF) Executive Board Concludes 2022 Article IV Consultation with Nigeria

Nigeria’s economy has recouped the output losses sustained during the COVID-19 pandemic supported by favorable oil prices and buoyant consumption activities

Read more

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