International Monetary Fund

International Monetary Fund Bringing together 191 member countries to improve lives through global growth and economic stability.

The International Monetary Fund (IMF) is an organization of 191 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. http://www.imf.org/
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The euro area economy continues to show resilience—with record-low unemployment, inflation broadly at target, and a stab...
06/19/2025

The euro area economy continues to show resilience—with record-low unemployment, inflation broadly at target, and a stable financial system. But challenges are mounting: trade tensions, rising defense needs, energy security, and long-term pressures from aging and weak productivity.

Our latest Article IV review highlights the need for decisive EU action. Deepening the single market is the most powerful tool to boost investment, innovation, and productivity. This also calls for joint provision of key public goods—like energy connectivity and defense—to maximize impact and avoid duplication.

Read our annual review findings on the euro area to learn more. https://www.imf.org/en/News/Articles/2025/06/18/mcs-06182025-euro-area-imf-cs-of-2025-mission-on-common-policies-for-member-countries

06/18/2025

For over 15 years, CAPTAC-DR/FMI has supported strengthening of institutional and human capacities in public institutions in Central America, Panama, and the Dominican Republic, fostering sound macroeconomic policies that nurture growth. Its work has echoed throughout the region—helping governments manage public resources more effectively, produce better data, and prepare for possible shocks. Through regional training alone, more than 18,000 public officials have been supported, ensuring lasting improvements in technical capacity across institutions.

A clear example of the impact is Costa Rica’s SUPRES (Sistema Único de Pagos de Recursos Económicos Sociales), a centralized social payments platform, developed with technical assistance from CAPTAC-DR. SUPRES has significantly enhanced the transparency, efficiency, and timeliness of government transfers to vulnerable citizens. The system processes over 1,000,000 payments each month, with 60% of recipients being women. Its coverage continues to expand, integrating additional social programs and further strengthening Costa Rica’s social protection framework.

CAPTAC-DR continues to respond to the region’s evolving challenges by delivering cutting-edge solutions in domestic revenue mobilization, public financial management, trade facilitation, macroeconomic statistics, financial sector oversight, and central banking operations. Its efforts are reflected in more effective tax systems, well-grounded and strategically aligned budgets, more agile and transparent customs procedures, stronger financial oversight, and more reliable economic data.

This work is anchored in a commitment to sound financial policies and robust institutions. And now, with a new phase ahead, CAPTAC-DR keeps its course—focused, adaptive, and always close to the countries it serves.

To learn more about the region’s achievements with CAPTAC-DR’s support, please check our recent brochure: https://bit.ly/43W83VL

Global fertility rates have dropped sharply across all regions—falling by more than half from over 5 children per woman ...
06/17/2025

Global fertility rates have dropped sharply across all regions—falling by more than half from over 5 children per woman in 1950 to around 2.4 today. The world is on track to dip below the replacement rate by 2050, signaling eventual global depopulation. As birth rates fall and aging accelerates, a key question looms: will the world face a shortage of ideas and innovation in a future with fewer people?

Read more in F&D magazine: https://www.imf.org/en/Publications/fandd/issues/2025/06/the-debate-over-falling-fertility-david-bloom

By 2075, the global share of people over 65 is set to double. That’s a dramatic shift in the shape of our population and...
06/14/2025

By 2075, the global share of people over 65 is set to double. That’s a dramatic shift in the shape of our population and it raises big questions. Are our systems ready for longer lives? Will aging strain our economies, or open new opportunities for growth and contribution? What matters now is how we respond. Aging doesn’t have to mean decline—so what would it take to turn longevity into a dividend?

Read more in F&D magazine: https://www.imf.org/en/Publications/fandd/issues/2025/06/the-longevity-dividend-andrew-scott

Timor-Leste has made incredible progress since its independence in 2002, growing its Petroleum Fund to over $18 billion....
06/13/2025

Timor-Leste has made incredible progress since its independence in 2002, growing its Petroleum Fund to over $18 billion. That’s roughly equal to 10 times the country’s annual GDP, and it’s one of the largest sovereign wealth funds relative to the economy’s size. To ensure a prosperous future, the nation must spend these savings wisely on human and physical capital, and implement key private-sector reforms to boost growth. Read our latest IMF Country Focus article to learn more.

https://www.imf.org/en/News/Articles/2025/06/10/cf-timor-lestes-opportunity-to-turn-its-wealth-into-economic-development

IMF Deputy Managing Director Nigel Clarke took part in a panel at the 2025 CGAP Symposium in Amsterdam today, which brin...
06/12/2025

IMF Deputy Managing Director Nigel Clarke took part in a panel at the 2025 CGAP Symposium in Amsterdam today, which brings together leading development organizations to explore strategic approaches to maximize the impact of inclusive finance.
DMD Clarke highlighted the critical role financial inclusion plays in enhancing economic resilience: By equipping the most vulnerable with financial tools, we enhance their ability to withstand shocks, strengthen financial systems, and fortify the entire economy. The IMF contributes to building resilience through policy advice, capacity building, and financing that addresses balance of payments needs. Working with our partners, the IMF’s efforts catalyze official and private financing, creating an enabling environment for robust and sustainable growth.

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