Latest News
IMF executive board approves US$372.4 million Rapid Credit Facility disbursement to Tanzania to address the COVID-19 pandemic
By Meera Louis | Nov 16, 2021
The Executive Board of the International Monetary Fund (IMF) today approved a disbursement equivalent to SDR265.2 million (US$372.4 million or 66.7 percent of quota) under the Rapid Credit Facility (RCF) for Tanzania.
IMF executive board concludes 2021 Article IV consultation with the Netherlands
By Press Release | Nov 16, 2021
On November 10, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Netherlands.
As international community seeks to phase out coal use, China announces plans to build more coal-fired plants
By Andy Nghiem | Nov 12, 2021
As the U.S. and the world seek to decrease carbon emissions, China recently announced that it will expand coal-powered factories.
BEA: Worldwide employment for U.S. multinational enterprises increased in 2019
By Press Release | Nov 12, 2021
Worldwide employment U.S. multinational enterprises (MNEs) increased 2.4 percent to 43.9 million workers in 2019 from 42.9 million workers in 2018, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA) on the operations and finances of U.S. parent companies and their foreign affiliates.
Alcoa Corporation partners with Portland Aluminum to restore smelter capacity, create 'positive social impact'
By Andy Nghiem | Nov 11, 2021
Alcoa Corporation announced Nov. 7 it has initiated a partnership with Portland Aluminum to restart 35,000 metric tons per year at its Australian-based aluminum smelter, according to a press release.
IMF, others discuss global rollout of COVID-19 vaccine
By Press Release | Nov 10, 2021
The heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization held on Nov. 9 the second High-Level Consultations with the CEOs of leading COVID-19 vaccine manufacturing companies
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 executive board finishes consultation with Mexico
By Press Release | Nov 6, 2021
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Mexico.
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.
China's coal production, CO2 emissions, forced labor all threaten global climate goals
By Art Benavidez | Nov 4, 2021
If the United States hopes to make global progress with green energy, it may have to work around China.
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.
Not yet on track: Climate threat demands more ambitious global action
By Kristaliana Georgieva | Nov 2, 2021
New IMF analysis shows gaps in ambition and policy needed to achieve emissions curbs that contain global warming.
IMF and Niger reach staff-level agreement on a new economic program
By Andrew Kanyegirire | Nov 2, 2021
An International Monetary Fund (IMF) staff team led by Mr. Ari Aisen held virtual meetings from October 25 to November 1, 2021 to conclude discussions on IMF financial support via an Extended Credit Facility in support of the authorities’ economic reform program.
IMF executive board concludes 2021 Article IV consultation with St. Kitts and Nevis
By Randa Elnager | Nov 2, 2021
On September 13, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with St. Kitts and Nevis.
IMF releases the 2021 Financial Access Survey results
By David Sharrock | Nov 2, 2021
On November 1st, 2021, the International Monetary Fund released the results of the twelfth annual Financial Access Survey (FAS). [1] The survey results reveal considerable expansion in the usage of digital financial services during the pandemic, while the usage of traditional financial services remained stable.
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).
IMF management approves a Staff-Monitored Program for the union of the Comoros
By Andrew Kanyegirire | Oct 29, 2021
On September 29, 2021, the Management of the International Monetary Fund (IMF) approved a Staff-Monitored Program (SMP) for Comoros for the period July - December 2021.
World Bank Online: Global Wealth Has Grown, But at the Expense of Future Prosperity: World Bank
By 'Online Media Briefing Center' via News GlobeBanner | Oct 29, 2021
In the case of an embargo break, the reporter and their organization will be denied access to the Online Media Briefing Center for six months.
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.