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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(125) "Finland did not accept the text of the IMF statement because the Russian war was not mentioned - the statement was not issued"
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string(173) "Finland, together with the other Nordic and Baltic countries, did not accept the joint statement of the International Monetary Fund, the IMF, said the Ministry of Finance..."
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string(10) "2024-04-01"
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string(86) "IMF Executive Board Concludes 2023 Article IV Consultation with Bosnia and Herzegovina"
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string(304) "Russia’s war in Ukraine continues to place significant headwinds on the European economy, with implications for BiH. Moreover, the global tightening of financial conditions is expected to weigh on the country’s economic activity. While all new governments have been formed following elections in 2022"
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string(69) "IMF Executive Board Concludes 2023 Article IV Consultation with Italy"
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string(302) "The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Italy. The Italian economy has weathered well the effects of Russia’s war in Ukraine, growing by 3.7 percent in 2022. Private consumption rose robustly on recovery in employment, buoyant tourism,"
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string(113) "IMF Executive Board Approves a US$271 million 38-month Arrangement Under the Extended Credit Facility for Burundi"
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string(301) "The arrangement will help Burundi address its protracted balance of payments needs, reduce debt vulnerabilities, and cope with the effects of recent domestic and external shocks. Burundi’s post-COVID-19 economic recovery has slowed down, although still healthy. Spillovers of the war in Ukraine have"
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string(298) "The post-pandemic recovery was disrupted by the sharp energy price shock due to Russia’ s war in Ukraine; labor force participation has declined, mainly on account of rising long-term illness; and large policy rate increases—needed to arrest high and sticky inflation—have tightened financial"
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string(138) "https://www.imf.org/en/News/Articles/2023/07/10/pr23259-imf-executive-board-concludes-2023-article-iv-consultation-with-the-united-kingdom"
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string(284) "South Africa’s economy is facing mounting economic and social challenges. Growth moderated from 4.9 percent in 2021 to 2.0 percent in 2022 as the country was buffeted by Russia’s war in Ukraine, global monetary policy tightening, severe floods, and an unprecedented energy crisis."
["url"]=>
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string(156) "The economic recovery from successive external shocks was interrupted last year amid high energy and food prices in the context of Russia’s war in Ukraine"
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string(296) "Luxembourg has shown resilience in the aftermath of the war in Ukraine and accelerated tightening of global financial conditions, partly helped by fiscal support. That said, despite robust labor market, GDP growth slowed. Soaring energy prices sent inflation to a multi-decade high, prompting the"
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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
1496 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.
Finland, together with the other Nordic and Baltic countries, did not accept the joint statement of the International Monetary Fund, the IMF, said the Ministry of Finance...
Russia’s war in Ukraine continues to place significant headwinds on the European economy, with implications for BiH. Moreover, the global tightening of financial conditions is expected to weigh on the country’s economic activity. While all new governments have been formed following elections in 2022
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Italy. The Italian economy has weathered well the effects of Russia’s war in Ukraine, growing by 3.7 percent in 2022. Private consumption rose robustly on recovery in employment, buoyant tourism,
The arrangement will help Burundi address its protracted balance of payments needs, reduce debt vulnerabilities, and cope with the effects of recent domestic and external shocks. Burundi’s post-COVID-19 economic recovery has slowed down, although still healthy. Spillovers of the war in Ukraine have
The post-pandemic recovery was disrupted by the sharp energy price shock due to Russia’ s war in Ukraine; labor force participation has declined, mainly on account of rising long-term illness; and large policy rate increases—needed to arrest high and sticky inflation—have tightened financial
South Africa’s economy is facing mounting economic and social challenges. Growth moderated from 4.9 percent in 2021 to 2.0 percent in 2022 as the country was buffeted by Russia’s war in Ukraine, global monetary policy tightening, severe floods, and an unprecedented energy crisis.
The economic recovery from successive external shocks was interrupted last year amid high energy and food prices in the context of Russia’s war in Ukraine
Luxembourg has shown resilience in the aftermath of the war in Ukraine and accelerated tightening of global financial conditions, partly helped by fiscal support. That said, despite robust labor market, GDP growth slowed. Soaring energy prices sent inflation to a multi-decade high, prompting the
The COVID-19 pandemic and the war in Ukraine have severely affected Comoros, exacerbating already weak macroeconomic conditions. While benefiting from substantial aid from the diaspora and development partners during the pandemic, Comoros’ economic activity stagnated in 2020-2021. The expected
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