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 ...

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 ...

An International Monetary Fund (IMF) mission team led by Mr. Evan Papageorgiou, IMF Mission Chief for Sri Lanka, visited Colombo during July 21-25, 2025, to discuss recent macroeconomic developments ...

Estonia’s tax mix has been traditionally reliant on consumption taxes—especially VAT—whereas income taxes are a relatively small share of revenue. Recent and expected changes will further shift the ...

The institutional framework for macroprudential policy in Euro Area (EA) is complex, but in line with IMF guidance. While the European Systemic Risk Board (ESRB) is responsible for the macroprudential ...

The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation and fifth review of Zambia’s 38-month Extended Credit Facility (ECF) Arrangement, approved on August ...