All publications by tag «IMF»
IMF - Investing in climate resilient infrastructure would help households and firms cope with storms. The expected cost of natural disasters could be usefully included in public debt sustainability analyses.
IMF - Since the 2011 Financial Sector Assessment Program (FSAP), India has recorded strong growth in both economic activity and financial assets, supported by important structural reforms and terms of trade gains.
IMF - Bolivia achieved impressive economic and social advances from 2006–2014. During that period, real GDP averaged about 5.1 percent annually and the share of population living in the extreme poverty fell by one half. These notable gains now face challenges related to the impact of lower commodity prices.
IMF - Overall growth is slowly picking up but recovery remains challenging. Economic activity expanded by 1.4 percent year-on-year in the third quarter of 2017—the second consecutive quarter of positive growth after five quarters of recession—driven by recovering oil production and agriculture.
IMF - Productivity growth will be the primary determinant of UK living standards in the long run.
IMF - “I had a constructive and open discussion with President Poroshenko on Ukraine’s efforts to fight corruption, which is expected by the Ukrainian society and is critical to improve transparency and accountability and create the conditions for sustainable growth."
IMF - The system’s increasing complexity has sown financial stability risks. Given the centrality of banks to the financial system, the FSAP team recommended a gradual and targeted increase in bank capital. The authorities have recognized these risks, including at the highest level, and are proactively taking important measures to address them. These include the strengthening of systemic risk oversight, further improving regulation, and moving toward functional supervision.
IMF - Overall, the system is stable. We have had a turbulent period in the last couple of years. Bad loans increased, and profits and credit growth slowed down. This period seems to have come to an end and the economy and the banking sector are getting healthier.
IMF - A cyclical recovery in Russia is gaining pace after a two-year recession, with growth expected to reach around 2 percent this year, supported by higher oil prices and easier domestic financial conditions. Nevertheless, growth is likely to remain low in the medium-term, due to demographics, unaddressed structural bottlenecks as well as enduring sanctions.
IMF - Saudi Arabia had made good progress in initiating its ambitious reform agenda. Fiscal consolidation efforts are beginning to bear fruit. Progress with reforms to improve the business environment are gaining momentum, and a framework to increase the transparency and accountability of government is in place. Effective prioritization, sequencing, and coordination of the reforms is essential, and they need to be well-communicated and equitable to gain social buy-in to ensure their success.