World News

Communiqué of the Thirty-Seventh Meeting of the International Monetary and Financial Committee

April 22, 2018/IMF Chaired by Mr. Lesetja Kganyago, Governor of the South African Reserve Bank The Committee expresses its deep gratitude to its former Chair, Mr. Agustín Carstens, for his invaluable contribution to the work of the Committee during 2015-17, and extends its best wishes to him as the General […]

Shining a Bright Light into the Dark Corners of Weak Governance and Corruption

April 22, 2018/IMFBlog Christine Lagarde The IMF Executive Board has just endorsed a new framework for stepping up engagement on governance and corruption in our member countries. Let me talk about why this is important and what it means for our work. Costs of corruption We all know that entrenched […]

Capitalizing on Good Times

April 18, 2018/IMF EXECUTIVE SUMMARY Chapter 1: Saving for a Rainy Day Strong and broad-based growth provides an opportunity to begin rebuilding fiscal buffers now, improve government balances, and anchor public debt. Strengthening fiscal buffers in the upswing will create room to provide fiscal support in an eventual downturn and […]