Paraguay’s economy continues to show remarkable resilience, supported by strong macroeconomic fundamentals and reform efforts. Sustained structural reform implementation will be key to lifting ...

This Selected Issues Paper takes stock of fiscal reforms in fuel subsidies, public investment management and domestic revenue mobilization and draw lessons from the experience of Angola as well as ...

This paper aims to analyze the determinants of sovereign spreads for Angola and investigate the potential bias against the country. Identifying determinants and the magnitudes of contributions of each ...

Timor-Leste’s growth is expected to remain resilient in the near term despite a more challenging external environment. Inflation remains low but is expected to rise moderately in the remainder of 2026 ...

In a world of frequent shocks, central bank communications should anchor expectations by explaining how policy responds to changing conditions, rather than committing to a fixed path ...

The post-GFC era has marked a transition from the relative stability of the “Great Moderation” to a more volatile “Great Turbulence,” characterized by structural transformations, frequent shocks, ...

Forward guidance, or forward-looking monetary policy, is an essential part of policymakers’ toolkits, yet there is a need to carefully define its scope. Two forms of such guidance exist with a clear ...

An IMF technical assistance mission supported the State Tax Service (STS) of Moldova in developing a 2026–2028 compliance risk management strategy and preparing for future corporate and personal ...

Many G20 economies face constraints from excessive labor, product-market, or consumer regulations, an IMF survey shows ...

The IMF approved today a successor two-year arrangement for Chile under the Flexible Credit Line (FCL), for an amount of about US$11.8 billion (equivalent to 500 percent of quota).

A key objective of exchange rate pegs is to achieve price stability by stabilizing the value of the currency. However, the effectiveness of an exchange rate peg as a nominal anchor crucially depends ...

La economía de Paraguay sigue demostrando una notable resiliencia, respaldada por sólidos fundamentos macroeconómicos y esfuerzos de reforma. La implementación de reformas estructurales de manera sost ...