This Selected Issues Paper reviews Ethiopia’s tax system, highlighting its persistently low tax-to-GDP ratio despite sustained economic growth. It benchmarks Ethiopia’s revenue performance against ...

This Selected Issues Paper reviews Ethiopia’s transition to an interest-rate based monetary framework. For this framework to be effective, monetary transmission—the process through which policy rate ...

Ethiopia’s interregional fiscal arrangements entail a sizable redistribution of resources. They help the objective of income redistribution and equity, as well as providing partial insurance against ...

Global trade developments continue to shape the outlook. Following an unprecedented escalation in tariffs imposed on the rest ...

Crypto mining and data centers now account for 2 percent of global electricity use and nearly 1 percent of global emissions, and their footprint is growing.

Growing imbalances in largest economies underscore need for concerted adjustment in domestic macroeconomic policies ...

Global growth is projected at 3.0 percent for 2025 and 3.1 percent in 2026, an upward revision from the April 2025 World Economic Outlook. This reflects front-loading ahead of tariffs, lower effective ...

This report examines the significant widening of global current account balances, analyzes developments in the international ...

On July 21, the Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for the United Kingdom ...

The Proposal will be evaluated by an expert panel of IMF staff and photographic experts. The six chosen photographers will be mentored through their commissions by the IMF’s Photo Editor. The ...

IMF staff and Argentine authorities have reached a staff-level agreement on the first review of the EFF program, unlocking potential access to about US$2 billion.

The Executive Board of the International Monetary Fund (IMF) approved today a 48-month arrangement under the Extended Credit Facility (ECF) in the amount of SDR 455.65 million (about US$625 million or ...