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I had a great conversation with @SNB_BNS_en Governing Board Chairman Jordan at this year’s virtual #CamdessusLecture. We are in uncharted territory and can benefit from those who have pioneered unconventional monetary policy approaches.
Retweeted by IMF
Opening remarks by @KGeorgieva at the 2020 Michel Camdessus Central Banking Lecture. #CamdessusLecture
.@KGeorgieva: How can we redesign monetary policy in this #COVID19 crisis and beyond? We are in uncharted territory & can benefit from those who have pioneered unconventional approaches. Honored to host @SNB_BNS_en Governing Board Chairman Jordan for this year’s #CamdessusLecture
Retweeted by IMF
.@KGeorgieva: Exceptional measures have been taken to help put a floor under the global economy, but there are further questions for monetary policy—including on financial stability, stretched asset valuations, high debt levels, and new policy instruments. #CamdessusLecture
Retweeted by IMF
STARTING IN 15 MINUTES: 2020 Michel Camdessus Central Banking Lecture with @SNB_BNS_en’s Thomas J. Jordan, followed by a conversation with @KGeorgieva. #CamdessusLecture…
#Europe must prepare for permanent economic transformation. Our latest #IMFblog explains how the region can become more resilient. Want more news on the IMF & Europe, check our new page
Retweeted by IMF
Fragile and conflict states in #MENA are projected to see a significant dip in GDP per capita, from $2,900 in 2018-19 to about $2,000 in 2020, exacerbating existing economic and humanitarian challenges
REPLAY: Press Briefing – Regional Economic Outlook Update: Middle East and Central Asia.…
“Let’s do the right thing to prevent a #climatecrisis!” Speaking to EU Environment Ministers this morning, @KGeorgieva outlined 3 priorities for a #greenrecovery: 1️⃣Use public money wisely 2️⃣Price carbon right 3️⃣Price climate risks Read remarks:
Central banks have been crucial in addressing the #COVID19 crisis. I am looking forward to hosting virtually Thomas J. Jordan of the @SNB_BNS_en for this year’s #CamdessusLecture.
Retweeted by IMF
All open economies, emerging markets in particular, face difficult choices when responding to global volatility; new IMF research looks into different policy tools that countries are using to deal with excessive borrowing & sudden capital outflows #IMFBlog
One size does not fit all: new #IMFBlog by @GitaGopinath and Tobias Adrian on how central banks use foreign exchange intervention, capital flow measures and financial regulation to complement interest rates decisions in responding to external shocks.
How does the #IMF help reshape the global economy in times of crises? Watch the video.
Jihad Azour: The collapse in remittances resulting from #COVID19 lockdowns has had a significant impact on fragile and conflict-affected states in the #MENA region, as this accounts for 14% of their GDP
The IMF has provided financial support and policy advice to the #MiddleEast and #CentralAsia region in the wake of #COVID19, providing $17 billion in support to 15 countries thus far
Rising deficits raise concerns about debt sustainability in #MENAP and #CCA oil importers, with debt-to-GDP levels expected to hit 95% of GDP on average by the end of the year in #MENAP and 61% in the #CCA
IMF growth projections in the wake of #COVID19 have been revised down two percentage points since April for the #MiddleEast and #CentralAsia, with growth now projected at -4.7 percent
Severe oil price fluctuations and production cuts following #COVID19 hit #MENA oil exporters hard, resulting in $270 billion in lost oil revenue relative to 2019.
Europe’s real GDP is expected to contract by 9.3%— and return to its 2019 level only in 2022. How can economies reposition their policies for a longer crisis? Read our #IMFblog
Retweeted by IMF
“Now is the time to think ahead and reassess how best to use limited fiscal space.” In our latest #IMFblog, IMF’s Director of the European Department Thomsen lays out the path toward a more resilient Europe.
Stay Tuned: on July 13 at 7am EDT (Washington DC Time), join us for a Virtual live Press Briefing on the Regional Economic Outlook Update for #MiddleEast, #NorthAfrica, #Caucasus and #CentralAsia.…
What are the measures taken by #Nigeria to enhance transparency and governance in the use of the $3.4 billion IMF emergency financing? #IMFAfrica
It’s easier to work at home in Norway and Singapore than in Turkey or Mexico. More than half of houses in emerging countries don’t even have a computer. Amid #COVID19, IMF researchers ranked how ‘teleworkable’ are jobs in different countries. #IMFBlog
#Teleworking is Not Working for the Poor, the Young, and Women - read more on #IMFBlog: #COVID19
The #COVID19 response is driving global public debt to the highest level in recorded history, but debt levels are expected to stabilize in 2021 due to the rebound in economic activity and low interest rates. Learn more in the latest #IMFBlog
Medellín, #Colombia went from being the world’s most violent city in 1991 to international recognition as one of the most innovative, inclusive, and sustainable cities in the world. Former mayor @FicoGutierrez on the transformation in the latest F&D:
The IMF is fully committed to supporting its member countries during the #COVID19 outbreak. Learn more about the IMF's work to address this global challenge here:
While digital financial services connect entrepreneurs to banks, customers, and suppliers, scaling them up quickly during the #COVID19 crisis is challenging and may also be risky. Read more here:
IMF's Abebe Aemro Selassie talks about 3 important priorities for sub-Saharan Africa to address #COVID19, and how the IMF and countries are cooperating to maximize their resources. #IMFAfrica
The digital divide—the gap between those who have Internet access and those who don’t—is more like a chasm. How does your country measure up? #IMFBlog #ChartOfTheWeek
How the IMF is helping ensure transparent and accountable use of #COVID19 financial assistance? Find out here:
In a special series of notes, we explore how governments can support people and firms during #COVID19. Download the latest notes here:
Join us on July 14 for the 2020 Michel Camdessus Central Banking Lecture with Thomas J. Jordan, Chairman of the Governing Board of the Swiss National Bank. #CamdessusLecture…
Fiscal response to the #COVID19 crisis needs to remain supportive and flexible. Even with mounting debt, an earlier-than-warranted drawback of support presents a risk to the recovery. IMF’s Gaspar and @GitaGopinath write in the latest #IMFBlog.
On July 13 at 7am EDT, join us for a Virtual Press Briefing on the Regional Economic Outlook Update for #MiddleEast, #NorthAfrica, #Caucasus and #CentralAsia.…
Sub-Saharan Africa is racing to close the global digital divide. Internet penetration in the region has grown tenfold since the early 2000s, compared with a threefold increase in the rest of the world. #DigitalAfrica #IMFCountryFocus
Fighting poverty with evidence-driven research: the latest F&D looks at how the work of 2019 Nobel winners Esther Duflo and Abhijit Banerjee, and @JPAL is reinventing development economics.
Take classes from #IMF economists and other global experts. Sign up for #free online courses today: @edXOnline #MOOCs #IMFx #MondayMotivation
Retweeted by IMF
Alejandro Werner, Director of the IMF’s Western Hemisphere Dept., explains how the Fund continues to move swiftly to aid member countries during the #COVID19 pandemic as leaders work to address the worst recession on record in the region. Find out more at
How is the IMF responding to the #COVID19 crisis? We are supporting our member countries with policy advice, technical assistance and financial resources. Learn more here:
The IMF is providing emergency financial assistance and debt relief to member countries facing the economic impact of the #COVID19 pandemic. Find out which have so far received emergency financial assistance:
Internet users in sub-Saharan #Africa are growing at one of the fastest rates in the world... what does that mean for economic growth? #digitalization
The #Internet remains a luxury: half of the world’s population does not have access. Read #IMFBlog to dive into the facts & figures #ChartOfTheWeek
The IMF is fully committed to supporting our member countries, particularly the most vulnerable. Learn more here #COVID19
A look at measures #Jamaica is taking to protect lives and livelihoods from the impact of the #COVID19 pandemic. #IMFCountryFocus
The gains #Africa has made on growth and poverty reduction are now being dramatically interrupted. Listen to the latest @imf_podcast w/ @davidpilling + @KGeorgieva
The poor and the young in the lowest-paid jobs are least able to telework and most vulnerable to layoffs, furloughs or pay cuts. New IMF research shows that workers in hospitality, food, construction and transportation are at the highest risk. #IMFBlog
The #COVID19 pandemic has had a more negative impact than anticipated, and the recovery is projected to be more gradual amidst a lot of uncertainty. Find out more in the latest World Economic Outlook report: #WEO
How is your country protecting the economy, jobs and people during the #COVID19 pandemic? Find out in our UPDATED policy tracker, where key economic responses for 196 countries are available:
IMF's Abebe Aemro Selassie: The IMF has provided much-needed assistance to sub-Saharan Africa. As of late-June, 29 sub-Saharan African countries have received IMF disbursements totaling more than US$10 billion. But more is needed. #IMFAfrica #COVID19
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