The IMF Executive Board today completed the final sixth and seventh reviews under the Extended Credit Facility (ECF) arrangement and the final third and fourth reviews under the Resilience and Sustainability Facility (RSF) arrangement with Tanzania, allowing for an immediate disbursement of SDR 3249 million (about US$ 443.9 million) under both the ECF and the RSF arrangements.

MS. KOZACK: Hello, everyone. Welcome to this IMF press briefing. It's great to see you all here in person and online. I'm Julie Kozack, Director of the IMF's Communications Department. As usual, this press briefing is embargoed until 11:00 a.m. Eastern Time in the United States.

IMF Spokesperson Julie Kozack discusses the IMF’s latest developments and answers questions on today’s global economy.

MR. DE HARO: Good morning, everyone, and welcome. I'm Jose Luis de Haro from the Communications Department, and we're gathered here today for the launch of the latest World Economic Outlook Update titled Global Economy in the Cross Currents of War and Technology.

The Heads of the International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group (WBG), and World Trade Organization (WTO) met on July 7 as part of the high-level coordination group established in April to maximize their institutions’ response to the energy, trade, and economic impact of the war in the Middle East. Following the meeting, they issued the statement below:

Cambodia’s economy has remained resilient, but growth is projected to slow in 2026 amid higher energy prices, trade policy uncertainty, weak tourism, and subdued domestic demand. Inflation has risen, and risks to growth are tilted to the downside.

IMF staff and the Zimbabwean authorities have reached a staff-level agreement on the first review under the 10-month Staff-Monitored Program approved in March 2026.

Washington, DC – July 7, 2026: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today the appointment of Silvana Tenreyro as the Fund’s Economic Counsellor and Director of the Research Department (RES). Ms. Tenreyro will succeed Pierre-Olivier Gourinchas who recently returned to academia.

The war in the Middle East is expected to weigh on growth, slowing it to 2.6 percent in 2026, and to raise inflation to an average of 5.4 percent.

The IMF Executive Board today concluded the 2026 Article IV Consultation and completed the Fifth Review Under the Extended Credit Facility Arrangement and the Second Review Under the Resilience and Sustainability Facility Arrangement with The Gambia, enabling an immediate overall disbursement of SDR16.58 million (about US$22.51 million under both the ECF and the RSF. The Executive Board also approved a six-month extension of the ECF and RSF arrangements and an augmentation of access under the ECF arrangement of SDR 12.44 million (20 percent of quota).

We are projecting global growth of 3.0 percent in 2026 and 3.4 percent in 2027 — broadly unchanged from April on a cumulative basis. In effect, we expect a V-shaped recovery: weaker growth this year relative to our pre-war forecast, followed by a rebound next year.

Washington, DC – June 26 2026: An International Monetary Fund (IMF) staff mission, led by Mr. Tahsin Saadi Sedik, held discussions as part of the 2026 Article IV consultation with the Mongolian authorities in Ulaanbaatar during June 10–23, 2026. At the end of the visit, the mission issued the following statement.

IMF Spokesperson Julie Kozack discusses the IMF’s latest developments and answers questions on today’s global economy.

Press Briefing Transcript: Julie Kozack, Director, Communications Department, June 25, 2026

An International Monetary Fund (IMF) staff team, led by Mr. Daehaeng Kim, Mission Chief for Liberia, visited Monrovia from June 10 – 23, 2026, to conduct the Fourth Review under the Extended Credit Facility (ECF) arrangement and the First Review under the Resilience and Sustainability Facility (RSF) arrangement.

Switzerland: IMF Staff Concluding Statement—2026 Article IV Consultation Mission

The Executive Board of the International Monetary Fund (IMF) approved new 42-month arrangements under the ECF and EFF and concluded the fifth and final Review under the RSF Arrangement for US$ 95.8 million to continue to support the authorities’ development program and institutional reform agenda.

The IMF Executive Board today completed the Sixth Reviews of Côte d’Ivoire’s Extended Fund Facility (EFF) and Extended Credit Facility (ECF) Arrangements, as well as the Fifth Review of the Resilience and Sustainability Facility (RSF) Arrangement. This decision allows for an immediate disbursement of about US$832.8 million.

Beijing, China – June 24, 2026: The International Monetary Fund (IMF) and the National Bureau of Statistics (NBS) of China have signed a new Memorandum of Understanding (MoU), building on a previous MoU signed in November 2023, to strengthen cooperation on national accounts methodology, macroeconomic statistics, and statistical modernization.

In an uncertain global environment, priorities should be to entrench the remarkable gains achieved in recent years in strengthening economic and financial resilience, while accelerating convergence toward higher living standards.

IMF Executive Board Concludes 2026 Article IV Consultation with Cyprus

The IMF Executive Board approved a new 36-month precautionary Stand-By Arrangement (SBA) for Barbados in the amount of SDR 189 million (equivalent to US$257 million, or 200 percent of quota). The Executive Board’s decision allows the authorities immediate access to SDR 47 million (equivalent to US$64 million).

Economic growth picked up slightly in 2025, driven by the hydrocarbon sector. Turkmenistan’s key policy challenge remains the translation of hydrocarbon wealth into more diversified, inclusive, and sustainable growth.

IMF staff and the São Toméan authorities have reached a staff-level agreement on the third review of the economic policies underpinned by the 52-month program supported by the Extended Credit Facility (ECF). Subject to the completion of the agreed prior actions and approval by the IMF’s Executive Board, São Tomé and Príncipe would have access to about SDR 4.4 million (US$6.1 million). Most quantitative targets for the third review have been met, and significant progress was made on a range of macro-structural issues.

June 22, 2026 – Washington, DC: A Staff team from the International Monetary Fund (IMF), led by Mercedes Vera Martin, IMF Mission Chief for Senegal, visited Senegal during June 15-19 to assess recent macroeconomic developments and outlook, and held discussions with the Senegalese authorities on their plans to navigate the challenges ahead.

Cuts are deep, broad, and driven by donors—leaving policymakers with few easy options

IMF Executive Board Concludes 2026 Article IV Consultation with the Republic of Uzbekistan

Sierra Leone: IMF Executive Board Approves Arrangement Under the Resilience and Sustainability Facility and Completes Third Review Under the Extended Credit Facility

IMF Staff Completes Visit to Malawi

The IMF and Austrian authorities have renewed their cooperation agreement on the Joint Vienna Institute (JVI), reaffirming its long-established role as a hub of economic learning, policy dialogue and international cooperation

The IMF Executive Board completed the fifth review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF) arrangements with Jordan, making available about US$134 million under the EFF and US$54 million under the RSF to support the authorities’ economic program.

IMF Executive Board Concludes 2026 Article IV Consultation with Burundi

IMF Staff Completes 2026 Article IV Mission to the Maldives

Bosnia and Herzegovina: Staff Concluding Statement of the 2026 Article IV Mission

U.S. dollar–pegged digital tokens reduce payment frictions but raise new policy trade-offs

IMF Staff Concludes Staff Visit to the Sultanate of Oman

Economic growth remains robust, supported by high global oil prices, dynamic domestic demand, and investment inflows. Banks are well capitalized and liquid. Still-elevated inflation despite a recent decline and risks of disruption to oil exports weigh on the outlook.

IMF Staff Completes 2026 Article IV Mission to the Maldives

The Executive Board of the International Monetary Fund (IMF) concluded the Third Review Under the Policy Coordination Instrument (PCI) for the Republic of Serbia. The decision was taken on a lapse-of-time basis. The authorities have consented to the publication of the Staff Report prepared for the review.

IMF Executive Board Concludes 2026 Article IV Consultation with St. Vincent and the Grenadines

IMF Executive Board Completes the Eleventh Review under the Extended Credit Facility Arrangement for Guinea-Bissau

IMF Staff Reaches Staff Level Agreement on the First Review of the Extended Fund Facility Arrangement and Concludes Discussions of the 2026 Article IV Consultation with Ukraine.

An International Monetary Fund (IMF) team, led by Pablo Lopez Murphy, visited Maputo from June 8–12 to assess the economic situation and outlook, and hold discussions with the Mozambican government on their plan for navigating the challenges ahead.

IMF and Niger Reach Staff-Level Agreement on the Ninth Review Under the Extended Credit Facility

Transcript: IMF Managing Directors Press Conference on the Annual Economic Assessment of the Euro Area

Remarks by Tobias Adrian, IMF Financial Counsellor and Director of the Monetary and Capital Markets Department, at the Federal Reserve Bank of Boston

IMF Executive Board Concludes 2026 Article IV Consultation with Namibia

At the Eurogroup in Inclusive Format, IMF Managing Director Kristalina Georgieva highlights the economic and security benefits of a European Energy Union and urges faster progress on energy market integration, renewable energy deployment, and cross-border infrastructure.

Euro Area: IMF Staff Concluding Statement of the 2026 Mission on Common Policies for Member Countries