International Monetary Fund

We launched today a new tool to help countries assess long-term fiscal risks from climate change. Q-CRAFT (Quantitative Climate Risk Assessment Fiscal Tool) helps countries understand and manage climate-related fiscal risks through quantitative, data-driven insights. The tool analyzes how different climate scenarios impact economic growth and fiscal sustainability over the long term. As part of the IMF's Fiscal Risk Toolkit, Q-CRAFT is now available on the IMF Fiscal Risk Portal. https://lnkd.in/ese-eF3n

Sub-Saharan Africa faces an urgent need to create jobs for its growing population. By 2030, half of the increase in the global labor force will come from this region, requiring the creation of up to 15 million new jobs annually. This challenge is particularly acute in fragile, conflict-affected, and low-income economies, which account for nearly 80% of the region's annual job creation needs. Without sufficient jobs, poverty and food insecurity will rise, increasing the likelihood of social tension, conflict, and instability. Read the full analysis to learn more about how the region can create high quality jobs. https://lnkd.in/eh7Xy9my

Latin America’s output gaps are mostly closed and inflation is near target. Growth in Latin America is expected to moderate from 2.6 % in 2023–24 to 2.2 % in 2025. Rodrigo Valdés, Director of the IMF's Western Hemisphere Department, presents the key messages of the latest Regional Economic Outlook. Read the report in the following link ➡️⬇️ https://lnkd.in/gUar4kvv

The 191 Country: Prime Minister of the Principality of Liechtenstein Daniel Risch joined us in IMF Today to talk about the journey for the country and its decision to become a member of the Fund. 📺 Watch his full interview here ➡️ https://lnkd.in/evJE6eN4

A new combined wealth gauge for Europe allows for a deeper understanding of how wealth distribution affects economies. See our Chart of the Week blog for more about the measure and how it helps policymakers address inequality. https://lnkd.in/eBUkwNmR

🇱🇰 IMF staff and the Sri Lankan authorities have reached a Staff-Level Agreement on the 3rd review of Sri Lanka’s reform program supported by the IMF. Upon approval by our Executive Board, Sri Lanka will have access to $333 million in financing. The country's new commitment to the program objectives and to sustaining the reform momentum is critical in safeguarding the hard-won gains and putting the economy on a path towards a durable and lasting recovery with stable and inclusive growth. https://lnkd.in/ekUpzKXf

This edition of the Weekend Read spotlights the IMF Managing Director's participation in the Asia-Pacific Economic Cooperation Retreat and the G20 Summit, a discussion on the Middle East and Central Asia's economic outlook, the implications of AI on the economy, our latest research on diversifying industries, and crime and insecurity in Latin America and the Caribbean.    Our key message this week: good policy design, communication, and help for the most vulnerable helps build resilient economies, and the IMF stands ready as a partner.

Latin America and the Caribbean account for one-third of the world’s homicides, despite having less than 10 % of the global population. According to recent surveys, one in five individuals in the region report being a victim of a crime in the previous year, and about 30 % of firms see insecurity as a threat to doing business. Read more about this topic in our latest release ➡️ https://lnkd.in/eQBpPk6E

Join us on Thursday, Nov. 21 at 3 PM ET for the closing session of this year’s Stats Forum with Gita Gopinath and David Weller, moderated by Alex Pigman. Closing remarks by Bert Kroese. IMF.org/StatsForum

Growth in most G20 economies is poised to weaken in the coming years and remain well below typical pre-pandemic levels. Improving fiscal policy frameworks, fostering education and skills, and supporting the green transition can help ensure strong, sustainable, balanced, and inclusive growth. https://lnkd.in/dYYy2_PW