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The IMF is predicting inflation in Europe should subside in 2022 in its new European Regional Economic Outlook released today (20 Oct) in Washington, DC.IMF

The IMF is downgrading economic growth in Asia due to COVID-19 and warning that US financial tightening to combat inflation may negatively impact the region in the newly released Asia Pacific Regional Economic Outlook released Wednesday (19 Oct) in Washington, DC. IMF

The recovery in the Middle East and Central Asia region is uneven and incomplete and must fully take hold throughout the region, announced the IMF in a press briefing held to launch the Middle East and Central Asia’s latest Regional Economic Outlook report. IMF

The IMF’s Managing Director Kristalina Georgieva and Magdalena Andersson, the chair of the International Monetary and Financial Committee, the body that supervises the IMF’s work, held a press briefing Thursday where Andersson encouraged the multilateral leaders task force to accelerate access to vaccines and to facilitate coordination among international partners, which includes mobilizing critical financing. IMF

Members of the International Monetary and Finance Committee (IMFC) are meeting in Washington, DC Thursday. IMF

Vitor Gaspar, Director of the IMF's Fiscal Affairs Department sounded the alarm on three issues: the great vaccine divide, the great finance divide, and climate change in the Fiscal Monitor Report’s press briefing that took place Wednesday in Washington, D.C. IMF

The IMF’s Managing Director Kristalina Georgieva announced in her virtual press briefing on the Global Policy Agenda that more uncertainty in supply chain disruptions and inflation prospects, along with elevated debt levels and a persistent economic divergence are what lies ahead. IMF

The pandemic has led to an unprecedented increase in debt issued by governments, nonfinancial corporations, and households, the IMF estimated in the latest Fiscal Monitor report. In 2020 global debt reached $226 trillion and increased by $27 trillion, the IMF estimated. IMF

Easing monetary and financial conditions have fueled a steep rise in debt, with an increasing risk to market stability, the IMF’s Financial Counselor Tobias Adrian said on Tuesday in Washington, DC. IMF

The IMF has downgraded its global growth forecast slightly to 5.9 percent for this year in its World Economic Outlook, warning that ongoing pandemic is widening divergence between countries with access to adequate supplies of vaccine and those without. IMF