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Abstract
The International Monetary Fund (IMF) is a global organization of 189 member countries* set up to promote the health of the world economy. It works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The IMF, which monitors the international monetary system to ensure its effective operation, has among its key purposes to promote external stability and to facilitate the expansion and balanced growth of international trade. The IMF’s mission enables countries (and their citizens) to buy goods and services from one another and is essential for achieving sustainable economic growth and raising living standards. All IMF member countries are represented on its Executive Board, which discusses the national, regional, and global consequences of each member’s economic policies and approves IMF financing to help member countries address temporary balance of payments problems, as well as oversees the IMF’s capacity development efforts. This Annual Report covers the activities of the Executive Board and IMF management and staff during the financial year May 1, 2019, through April 30, 2020, unless otherwise noted. The contents reflect the views and policy discussions of the IMF Executive Board, which has actively participated in the preparation of this Annual Report.
Abstract
A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
Abstract
A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
Abstract
Strengthening the capacity of institutions, including central banks, finance ministries, revenue administrations, statistical agencies, and financial sector supervisory agencies, results in more effective policies and greater economic stability and inclusion. The IMF works with countries to strengthen these institutions by providing technical assistance and training focused on issues that are critical to economic stability and growth.
Abstract
A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
Abstract
THE IMF IS COMMITTED TO IMPROVING THE 2 WORLD WE LIVE IN AND BEING MINDFUL OF THE IMPACT OF OUR OPERATIONS.
Abstract
A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.