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IMF

Economics

IMF Executive Board Approves US$968 Million under the Precautionary and liquidity Line arrangement and US$764 Million under the Resilience and Sustainability Facility for Jamaica

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The IMF Executive Board approved today Jamaica’s request for SDR 727.51 million (about US$968 million) under Precautionary and liquidity Line (PLL) arrangement.The IMF Executive...
Economics

IMF lays out crypto action plan, recommends against legal tender status

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The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea...
Economics

IMF chief says markets have good reasons to be more upbeat on economy

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The head of the International Monetary Fund (IMF) said on Monday that financial markets have good reason to be more upbeat, pointing to the...
Economics

St. Kitts and Nevis: IMF Staff Concluding Statement of the 2023 Article IV Mission

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Washington, DC: An IMF mission, led by Mr. Alexandre Chailloux, visited St.Kitts and Nevis during January 16-27, 2023, for the 2023 Article IV consultation discussions on...
Economics

Global economy faces tougher year in 2023, IMF’s Georgieva warns

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For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United...
Economics

Jamaica and IMF Reach Staff Level Agreement

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Jamaica and the International Monetary Fund (IMF) have reached a Staff Level Agreement that will enable the Government to access approximately US$1.7 billion under...
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Loans approved for Barbados from two IMF facilities

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Barbados is set to receive US$302 million in support from the International Monetary Fund (IMF) as it officially becomes one of the first countries...
Economics

Global debt well above pre-pandemic levels despite steep drop, says IMF

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WASHINGTON--Global public and private debt saw its biggest drop in 70 years in 2021 after reaching record highs because of the impacts of COVID-19,...
Economics

Barbados Reaches Deal On New Extended Fund Facility

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Prime Minister Mia Amor Mottley speaking during a recent press conference to announce that Barbados and the International Monetary Fund (IMF) have reached an...
Economics

Barbados – Prime Minister Mottley Holds Talks With IMF

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Prime Minister Mia Amor Mottley and IMF Mission Chief Bert van Selm engaging in discussions while other government officials and representatives from the IMF...
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