Press Release News
IMF reaches staff level agreement on Kenya, reviews the 2021 Article IV consultation
By Press Release | Nov 6, 2021
A staff team from the International Monetary Fund (IMF) led by Mary Goodman conducted a virtual mission to Kenya from October 12 to November 3, 2021 to discuss the authorities’ policy priorities and progress on reforms within the context of the second reviews of Kenya’s economic program supported by the IMF’s EFF and ECF arrangements and the 2021 Article IV consultation.
IMF staff completes Kosovo mission
By Press Release | Nov 5, 2021
An International Monetary Fund (IMF) mission, led by Mr. Gabriel Di Bella, conducted a virtual visit during October 20-Novermber 4 in the context of the 2021 Article IV consultations.
IMF: 'Malawi’s economy is showing signs of recovery as daily COVID-19 positive cases remain relatively low'
By Press Release | Nov 5, 2021
An International Monetary Fund (IMF) team led by Mika Saito held virtual missions during July 20-27, 2021 and October 28-November 4, 2021 to conduct discussions for the 2021 Article IV Consultation with Malawi.
U.S. international trade in goods and services, September 2021
By Press Release | Nov 4, 2021
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $80.9 billion in September, up $8.1 billion from $72.8 billion in August, revised.
Personal income and outlays, September 2021
By Press Release | Oct 29, 2021
Personal income decreased $216.2 billion (1.0 percent) in September according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $236.9 billion (1.3 percent) and personal consumption expenditures (PCE) increased $93.4 billion (0.6 percent).
Gross Domestic Product, third quarter 2021 (advance estimate)
By Press Release | Oct 28, 2021
Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the third quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 percent.
Joint action needed to secure the recovery
By Press Release | Oct 28, 2021
G20 should lead in sharing vaccine doses, helping developing countries financially, and committing to reaching net-zero carbon emissions by mid-century.
Sub-Saharan Africa: One planet, two worlds, three stories
By Press Release | Oct 21, 2021
Sub-Saharan Africa’s economy is set to recover in 2021 – a marked improvement over the extraordinary contraction of 2020. This rebound is most welcome and primarily results from a favorable external environment, including a sharp improvement in trade and commodity prices.
Supporting food security in Sub-Saharan Africa amid the COVID-19 pandemic and climate change
By Press Release | Oct 15, 2021
Sub-Saharan Africa is highly vulnerable to climate change, with a marked increase in the frequency and intensity of natural disasters threatening food security in the region due to the heavy reliance on rain-fed agriculture, and weak infrastructure and institutions.
Statement by the IMF Executive Board on its review on the investigation of the World Bank’s Doing Business 2018 Report
By Press Release | Oct 12, 2021
The IMF Executive Board met today to conclude its review of the matter raised by WilmerHale’s investigation of the World Bank’s Doing Business 2018 report.
Low-income country debt rises to record $860 billion in 2020
By Press Release | Oct 11, 2021
Debt reduction, restructuring, and transparency needed to help low- income countries overcome debt challenges
FSB and IMF Publish 2021 Progress Report on the G20 Data Gaps Initiative
By Press Release | Oct 8, 2021
The Financial Stability Board (FSB) and International Monetary Fund (IMF) today published the Sixth Progress Report - Countdown to December 2021 on the implementation of the Second Phase of the G20 Data Gaps Initiative (DGI-2).
The IMF Executive Board Extends Debt Service Relief for 24 Eligible Low-Income Countries
By Press Release | Oct 8, 2021
Washington, DC: The Executive Board of the International Monetary Fund (IMF) approved on October 6, 2021 a fourth tranche of debt service relief from the Catastrophe Containment and Relief Trust (CCRT) for 24 member countries with eligible debt falling due in the period through January 10, 2022.
BEA: August goods and services deficit up from July's numbers
By Press Release | Oct 6, 2021
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced Oct. 5 that the goods and services deficit was $73.3 billion in August, up $2.9 billion from $70.3 billion in July, revised.
Statement by IMF Managing Director Kristalina Georgieva at the conclusion of a meeting with UNECA and African Ministers of Finance on COVID-19
By Press Release | Oct 1, 2021
The International Monetary Fund has issued the following press release:Washington, D.C.: Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) met today with African Ministers of Finance and representatives from the United Nations Economic Commission for Africa (UNECA) to discuss Africa’s response to the COVID-19 pandemic and the efforts for a sustainable, green, and inclusive recovery.At the conclusion of the meeting, Ms. Georgieva made the following statement:“The COVID-19 pandemic caused an unprecedented recession in Africa in 2020.
IMF on United Arab Emirates mission: 'Economic recovery has begun to strengthen'
By Press Release | Sep 30, 2021
The International Monetary Fund has issued the following press release: End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country.
IMF's enhanced general dissemination system implemented by Kuwait
By Press Release | Sep 26, 2021
WASHINGTON – Kuwait has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing essential data through the National Summary Data Page (NSDP).
IMF board finishes consultation with Brazil on Article IV
By Press Release | Sep 24, 2021
WASHINGTON – On Sept. 10, 2021, the executive board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Brazil.
IMF finishes third review of credit facility for The Gambia
By Press Release | Sep 23, 2021
A team from the International Monetary Fund (IMF), led by Mr. Ivohasina Fizara Razafimahefa, mission chief for The Gambia, held a virtual mission with the Gambian authorities during Sept. 9-22, 2021 to conduct the 2021 Article IV consultation and discuss the third review of The Gambia’s economic program supported by the IMF’s Extended Credit Facility.
IMF names Goldfajn as director of Western Hemisphere Department
By Press Release | Sep 13, 2021
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), announced today her intention to appoint Mr. Ilan Goldfajn as director of the Fund’s Western Hemisphere Department (WHD).