IMFBlog2019-06-28T12:35:30-04:00June 26, 2019|
By Seán Nolan and Krishna Srinivasan
Earlier this year, Cyclone Idai devastated Mozambique, Malawi, and Zimbabwe by leaving more than 1,000 people dead, thousands more missing, and damages in the billions. […]
IMFBlog2019-03-13T16:18:09-04:00July 23, 2018|
July 23, 2018
Versions in Español, Português
Street vendors in Rio de Janeiro, Brazil: While growth is accelerating in some parts of Latin America, the recovery has become tougher for some of the largest economies (photo: Oliver Wintzen/Robert Harding/Newscom)
Economic activity in Latin America continues to recover. Following the pickup in domestic demand led by consumption in 2017, investment is finally gathering strength. […]
IMFBlog2019-03-14T10:35:05-04:00June 8, 2018|
By Ian Parry
June 8, 2018
Versions in عربي, 中文, Español, Français, 日本語, Português, Русский
A polar bear on shrinking ice in the Arctic: climate change means the world is getting hotter (photo: Sven-Erik Arndt/Newscom)
The world is getting hotter, resulting in rising sea levels, more extreme weather like hurricanes, droughts, and floods, as well as other risks to the global climate like the irreversible collapsing of ice sheets. […]
IMFBlog2017-04-15T14:53:22-04:00September 10, 2009|
I believe that Africa’s needs must be fully reflected in any global response to this unprecedented recession. With similar intentions, leading policymakers and stakeholders in Africa gathered in Tanzania last March to discuss how to work with the IMF on this. Under the leadership of President Kikwete and IMF Managing Director Strauss-Kahn, the participants agreed to build a new, stronger partnership.
More than just rhetoric, these common goals included the IMF seeking more resources for Africa and reacting more rapidly, responsively, and flexibly. While much remains to be done, I think it is a fair to say that we have achieved a remarkable amount on both fronts—more in fact than I could have imagined when I started in my job just a little over a year ago.
My colleague, Hugh Bredenkamp has done a fine job detailing the IMF’s response to the needs of low-income countries. In this post, I would like to talk a little about what it all means for Africa.
Sorting cashew nuts in Tanzania
As a reminder, the IMF agreed to mobilize $17 billion through 2014 for lending to low income […]
