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Reliance on a small number of cloud providers, software platforms, or AI models concentrates risk. One exploited weakness can ripple across many institutions at once. Our blog explains why authorities must ask whether the system can absorb these shocks. imf.org/en/blogs/articles/20…
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Governments can respond to energy and food price shocks in ways that help vulnerable people and keep businesses open without further straining public finances. See our blog. imf.org/en/blogs/articles/20…
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A pleasure to address the press in Andorra alongside Prime Minister @XavierEspot. We spoke about IMF’s support for Andorra, the impact of the war in the Middle East, including slower growth & higher inflation in Europe, & why access to the single market is a natural next step.
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When Andorra joined the IMF in 2020, we wore masks & kept our distance. It’s wonderful to be in Andorra to properly celebrate its membership and remarkable progress in strengthening institutions, improving data transparency, and integrating into the global financial architecture.
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Honored to meet Andorra’s Head of Government, @XavierEspot. We discussed Andorra’s remarkable economic performance and how joining the EU single market will help further diversify the country’s economy, strengthening its resilience in a time of more frequent shocks.
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Join us for the 2nd Annual IMF MENA Research Conference, co-organized by the IMF and @UM6P_officiel in Rabat, Morocco, June 29-30. In a challenging global context, discussions will focus on MENA integration, trade, fragmentation, AI, and policy priorities. imf.org/en/news/seminars/con…
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.@pogourinchas: “Our thanks to the @BankofThailand for hosting this conference. Our partnership exemplifies the dialogue and collaboration vital to meeting the challenges of a changing world.” imf.org/en/news/seminars/con…
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Economic growth does not lead people to work less. What matters instead are policy choices about education, pensions, and labor rules, Amory Gethin and Emmanuel Saez write in F&D magazine. imf.org/en/publications/fand…
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Jun 12
Delighted to be visiting Andorra 🇦🇩 for the first time. Since becoming the IMF’s 190th member in 2020, we have built a strong & growing partnership. I look forward to meeting with the authorities & experiencing firsthand the beauty of this country & the warmth of its people.
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Our Weekend Read explores Europe’s push for deeper integration in tough times, Robert Skidelsky’s thoughts on Keynes’s legacy in uncertain times, the return of nationalization, and new IMF analysis on how stronger fiscal institutions shape investment. linkedin.com/pulse/weekend-r…
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Jun 12
Catching up with @NadiaCalvino at the margins of the Eurogroup meeting. Our professional journeys have crossed many times and our friendship has grown ever stronger.
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As globalization gives way to fragmentation, it’s becoming harder for Africa to attract investment and sustain export-led growth, Ethiopia’s foreign minister Gedion Timothewos writes in F&D magazine. imf.org/en/publications/fand…
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Jun 12
Merci, President @EmmanuelMacron, for convening leaders to discuss economic imbalances. Global growth depends on restoring energy supply, sustaining innovation & reducing excessive imbalances. Adjustment starts at home with sound policies & succeeds when countries work together.
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Jun 11
At today’s Eurogroup meeting in Luxembourg, I stressed how Europe can seize the moment to strengthen energy independence. A true energy union will make Europe more resilient in a shock-prone world. Read my remarks: bit.ly/4ekMdPQ
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Jun 11
I presented our annual economic assessment of the Euro Area to the Eurogroup. With slower growth & higher inflation, Europe should keep inflation expectations anchored, cushion the impact prudently, & push bold reforms to strengthen competitiveness. bit.ly/4fCjqIR
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Jun 11
A pleasure to meet Tánaiste & Finance Minister @SimonHarrisTD at the Eurogroup Mtg. I thanked him for Ireland’s strong support for IMF capacity building. As Ireland prepares for its upcoming EU Presidency, we discussed managing risks from global fragmentation & energy security.
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The 2026 FIFA World Cup began today. Did you know the three host nations (United States, Canada, and Mexico) together account for nearly 30% of global GDP and have all been IMF members since 1945. Stay tuned all month as we explore the economics behind the tournament.
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3/3 Over time, Europe should strengthen energy security, deepen the single market, rebuild fiscal buffers (particularly in high-debt countries) and lift productivity to build resilience and growth. imf.org/en/news/articles/202…
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