International Monetary Fund’s Post

The International Monetary Fund has been at the forefront of global economic cooperation for 80 years. From our founding at Bretton Woods to today's complex challenges, we have adapted our tools and expertise to support our 190 member countries. Our mission remains the same: bringing prosperity to the world through financial cooperation, sustainable growth, and inclusive economic policies. In a fast-changing world, the IMF is there to help economies grow so that everyone can prosper. 

Our latest Chart of the Week shows that while greenhouse gas emission intensities in key sectors are decreasing, progress is still too slow to meet climate goals. Key Insights: • Many G20 economies lack robust, regular data on sector-specific emissions • Comprehensive data is crucial for understanding the full environmental impact of economic activities • The G20 Data Gaps Initiative aims to improve data quality and coverage, helping to bridge these gaps • Better data integration can lead to more effective and targeted climate policies Read more about the critical role of data in our latest blog: https://lnkd.in/eDA3KgXu

The clean energy transition will boost demand for critical minerals over the next 25 years. Find out how sub-Saharan Africa can harness its mineral wealth in our country focus article. https://lnkd.in/eFfENZtx

The global economy avoided what could have been a systemic debt crisis during the turbulence of recent years, but vulnerabilities remain amid high debt servicing costs that pose an important challenge for low and middle-income countries. Some may yet confront major tests. When countries do falter on debt, restructuring is critical to containing the damage. While some sovereign restructurings have faced significant delays, we are working with our counterparts to accelerate the process. The progress achieved so far shows how the world can work together to reduce risks. Read more in this IMF Blog by Ceyla Pazarbasioglu: https://lnkd.in/e7UsdSNj

There were more than 2,500 industrial policy interventions in 2023, of which more than two thirds were trade-distorting as they likely discriminated against foreign commercial interests. Read this IMF blog to learn more. https://lnkd.in/eQtjbA4E

As we mark the 80th anniversary of the Bretton Woods Conference, the International Monetary Fund and the World Bank Group are looking ahead to the challenges and opportunities of the future. Today, we launch our "Bretton Woods at 80" initiative, focusing on pressing global issues including climate change, environmental protection, pandemic preparedness, conflict resolution, and digital adaptation. The initiative, led by Sri Mulyani Indrawati, Minister of Finance of Indonesia; Patrick Achi, former Prime Minister of Côte d'Ivoire; and Mark Malloch Brown, former Deputy Secretary-General of the UN, alongside the IMF's Kristalina Georgieva and the World Bank's Ajay Banga, will bring together global stakeholders to envision a long-term view on the future of the world economy and explore how we can best continue to serve global stability and progress on a livable planet. Learn more:

Explore how the IMF has navigated major global shocks in our latest F&D article, with charts visualizing the IMF’s crucial interventions and reforms. From addressing debt crises to managing global recessions, see how the IMF has been pivotal in steering economic stability. https://lnkd.in/eMgkSHQz

Women allocate more time to unpaid work while dedicating less time to paid work and leisure activities. New research by the IMF and United Nations Population Fund (UNFPA) examines how policies can help balance the unequal distributions of care burdens. https://lnkd.in/edm9EVDC

The IMF Executive Board has completed the second review of Ghana's IMF-supported program, approving an immediate disbursement of about $360 million. Ghana's performance under the program has been strong, with most targets met and good progress on debt restructuring and key reforms. The country's economic outlook is favorable, though subject to risks. Sustaining policy adjustments and reforms will be essential to fully restore economic stability and debt sustainability, while fostering sustainable growth and poverty reduction. Press release: https://lnkd.in/eqjEz2Gb Frequently Asked Question: https://lnkd.in/eZyTZ6ud