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Sixty years ago, the International Monetary Fund initiated the African Department, which was created as more and more members from the region started gaining independence and applying for membership. On Monday, the IMF’s Managing Director Kristalina Georgieva was joined by the President of Côte d'Ivoire, Alassane Ouattara to celebrate the department’s accomplishments in the region and the road ahead. IMF

The IMF confirmed on Thursday in Washington, DC that discussions took place in recent days between IMF staff and Tunisian authorities regarding their economic reform program. IMF

IMF Managing Director Kristalina Georgieva hosted a virtual conversation with Canada’s Deputy Prime Minister Chrystia Freeland and discussed the importance of policies that promote gender equality during the recovery from the COVID-19 crisis and how working mothers with young children were the biggest casualties from the COVID crisis. IMF

Growth in Latin America and the Caribbean recovered briskly in the second half of 2020, yet still more slowly than the global economy and other emerging markets, the IMF announced on Thursday in a press briefing in Washington, DC.

The sub-Saharan Africa region’s economic outlook will grow by 3.4 percent in 2021, up from 3.1 percent projected in October, and supported by improved exports and commodity prices, along with a recovery in both private consumption and investment, the IMF announced in a press briefing in Washington, DC. IMF

Europe’s economy is growing, but there is still need for continued support as vaccine rollout programs gain speed, the IMF says in the newly released European Regional Economic Outlook released today in Washington, DC. IMF

Asia is growing strongly in 2021, but there is still much uncertainty and risk to the economic outlook, the IMF says in the newly released Asia Pacific Regional Economic Outlook released today in Washington, DC. IMF

The IMF announced a 4 percent pick up in the Middle East and North Africa region’s real GDP forecast and a 3.7 percent rise in the Caucasus and Central Asia’s in 2021 on Sunday in Washington, DC. However, despite the optimistic forecast, the outlook remains uncertain. IMF

The global economy may be recovering, but there are significant challenges and it is not time to ease up on support, several key policy-makers said at the Spring Meetings of the IMF in Washington, DC today. IMF

“All vulnerable countries exposed in the pandemic and its economic fallout deserve particular attention,” announced IMFC Chair Minister Magdalena Andersson in her first IMFC press conference as the new Chair with IMF Managing Director Kristalina Georgieva on Thursday. IMF