The economic effects of these developments are expected to be sizeable. Our World Economic Outlook ‘reference scenario’ projects that tariffs will reduce both global and emerging market (EM) output ...

Mr. Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement today in Lusaka at the conclusion of his visit to Zambia from May 4-6: ...

Economic growth continues to be strong in the WAEMU. Inflation has fallen back to its target range, and recent improvements in regional external imbalances are supporting a strong recovery in reserves ...

The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for North Macedonia and considered and endorsed the staff appraisal without a meeting on a lapse-of-t ...

An International Monetary Fund mission, led by Magnus Saxegaard and comprising Thomas Gade, Amit Kara, and Yurii Sholomytskyi, conducted discussions for the 2024 Article IV consultation with Iceland ...

Hong Kong SAR is facing ongoing challenges from climate change, with projections indicating that these issues will remain prevalent or even intensify in the future. In response, Hong Kong SAR has ...

Amid trade tensions and high policy uncertainty, the path forward will be determined by how challenges are confronted and ...

Amid heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new ...

Hong Kong SAR’s significant demographic pressures will create fiscal challenges for the authorities. Fiscal expenditure pressures from population aging have already been rising rapidly for over a ...

Hong Kong SAR’s corporate sector vulnerabilities appear manageable but have increased in recent years. Local non-real estate firms have seen weakening profitability and lower debt-servicing capacity, ...

This paper investigates the short- and medium-term economic impacts of natural disasters, focusing on Pacific Island Countries (PICs) and using global high-frequency nightlight data in addition to ...

First, Europe should aim for more, not less trade. Preserving openness is crucial given the importance of trade (Figure 5), ...