Middle East and North Africa’s Commodity Importers Hit by Higher Prices
Higher commodity prices, propelled upwards by war in Ukraine, will have a significant economic impact on the region.
Governments Need Agile Fiscal Policies as Food and Fuel Prices Spike
Spending imperatives from pandemic and war meet high debt and tight budget constraints.
Dangerous Global Debt Burden Requires Decisive Cooperation
With elevated risks to sovereign debt, a global cooperative approach is necessary to reach an orderly resolution of debt problems and prevent defaults.
Governments Must Choose to Support or Restructure Heavily Indebted Firms
To stave off risks to recovery, policymakers should focus support on firms that can survive and prepare to restructure or liquidate those that cannot.
How the IMF Continues to Change To Confront Global Challenges
From COVID-19 to climate change, economies are facing new challenges.
Coming Together
By Vitor Gaspar and Gita Gopinath
عربي, Español, Français, Português, Русский
Differences in vaccine access and the ability to deploy policy support are creating a growing divergence between advanced economies from many emerging market and developing economies. Faced with high deficits and historic levels of debt, countries with limited access to financing are walking a fiscal tightrope between providing adequate support and preserving financial stability. […]
Stepping Up to Meet Low-Income Countries’ Pandemic Recovery Needs
By Christian Mumssen and Seán Nolan
عربي, 中文, Español, 日本語, Português, Русский
Low-income countries have been hard hit by the pandemic. Their large financing needs are only likely to grow as they deal with the crisis and its economic aftermath. […]
Achieving the Sustainable Development Goals Will Require Extraordinary Effort by All
by Dora Benedek, Edward Gemayel, Abdelhak Senhadji, and Alexander Tieman
عربي, 中文, Español, Français, 日本語, Português, Русский
The pandemic’s impact on the world’s poor has been especially harsh. COVID-19 may have pushed about 100 million people into extreme poverty in 2020 alone, while the UN warns that in some regions poverty could rise to levels not seen in 30 years. The current crisis has derailed progress toward basic development goals, as low-income developing countries must now balance urgent spending to protect lives and livelihoods […]