Latest News
IMF, Chile conclude virtual visit
By Press Release | Nov 25, 2021
An International Monetary Fund (IMF) mission, led by Ana Corbacho, met (virtually) with the Chilean authorities during Nov. 15–19 to discuss recent economic developments, policies, and priorities for the country.
IMF finishes visit with Benin
By Press Release | Nov 23, 2021
Following an official request for a new Fund-supported program by the Beninese authorities to anchor the country’s homegrown development plan, an International Monetary Fund (IMF) mission led by Constant Lonkeng conducted in-person and virtual meetings with the Beninese authorities during Nov. 15–23 to discuss recent economic developments and enquire about policy priorities to inform future discussions on an IMF-supported program.
Rising metal prices favor China in green energy push
By Art Benavidez | Nov 21, 2021
As metal costs continue to rise, reports are surfacing that relying on renewable energy will only make the U.S. more dependent on China due to the country's domination of the industry.
Amazon prices drop amid supply chain issues and labor shortages that ‘continue to affect the costs of goods and services’
By Karla Florez | Nov 21, 2021
A recent report by Profitero notes a decrease in various Amazon product prices just in time for the holidays, despite a general global trend toward price increases amid the current supply chain crisis.
IMF, Jordan reaches agreement on extended fund facility
By Press Release | Nov 20, 2021
The International Monetary Fund has issued the following press release:An International Monetary Fund (IMF) team led by S.
Personal income by county and metropolitan area, 2020
By Press Release | Nov 16, 2021
In 2020, personal income increased in 3,040 counties, decreased in 69, and was unchanged in 3, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA).
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.