The United Kingdom (UK) has successfully completed the transitions plans required under the International Monetary Fund’s (IMF) Special Data Dissemination Standard (SDDS) Plus—the highest tier of the IMF’s Data Standards Initiatives. As part of this achievement, the UK now publishes three additional SDDS Plus data categories:
The IMF staff and Guinea-Bissau have reached a staff-level agreement on economic policies that could support the Eleventh Review of the Extended Credit Facility (ECF) arrangement. Upon completion of the review by the IMF Executive Board, Guinea-Bissau will have access to approximately US$1.6 million.
IMF staff and the Tanzanian authorities reached staff-level agreement on the final reviews of the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF). Subject to IMF Executive Board approval, Tanzania will gain access to US$375.5 million in financing.
Ghana’s ECF-supported economic program has delivered substantial stabilization gains driven by strong reform efforts and significant progress in public debt restructuring, leading to sharply lower inflation, higher external buffers, improved confidence in the cedi, and marked debt sustainability gains.
Riyadh, Saudi Arabia - May 18, 2026: Jihad Azour, Director of the Middle East and Central Asia Department of the International Monetary Fund (IMF) and Catriona Purfield, Director of the Institute for Capacity Development, issued a statement following a visit to Saudi Arabia:
The Spanish economy has continued to outperform the euro area, with solid growth expected this year despite the adverse impact from the war in the Middle East. Growth should then gradually ease over the medium term as immigration slows and population aging intensifies. Risks to growth are mainly on the downside, and those to inflation on the upside.
The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for the People’s Republic of China—Hong Kong Special Administrative Region (SAR) and considered and endorsed the staff appraisal without meeting on a lapse-of-time basis. , The authorities have consented to the publication of the Staff Report prepared for this consultation.
Brazil’s economy has remained remarkably resilient in the face of multiple shocks. After slowing in 2025, supporting disinflation, growth is projected to recover in 2026 and strengthen to about 2.5 percent over the medium term.
The Bangladeshi authorities have requested a new IMF financial arrangement to support their economic reform program. IMF staff are engaging with the authorities on their reform agenda and policy priorities as part of the Fund’s consideration of possible next steps.
The Saudi economy is proving resilient in the face of the war in the Middle East thanks to strong fundamentals and diversified logistical and oil infrastructure. The war has nonetheless disrupted its momentum, curtailing oil exports and weighing on non-oil activity and confidence.
The IMF Executive Board completed the seventh and final review under the Extended Credit Facility (ECF) Arrangement for Nepal, enabling a disbursement of SDR 31.32 million (about US$ 42.9 million). Nepal has made tangible progress in implementing reforms under the program which has helped preserve macroeconomic and financial stability and build buffers to mitigate the impact of global shocks and domestic uncertainty on economic activity.
The International Monetary Fund and the Mohammed VI Polytechnic University will hold the second annual MENA Research Conference on June 29-30, 2026, at the Mohammed VI Polytechnic University in Rabat, Morocco.
Sierra Leone: IMF Staff Reaches Staff-Level Agreement on the Third Review Under the Extended Credit Facility (ECF) Arrangement and an Arrangement under the Resilience and Sustainability Facility (RSF)
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.
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.
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.
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