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The International Monetary Fund (IMF) is an organization of 191 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. http://www.imf.org/
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Aid is a critical source of financing in sub-Saharan Africa—and more important than anywhere else. In 2024, it averaged ...
08/22/2026

Aid is a critical source of financing in sub-Saharan Africa—and more important than anywhere else. In 2024, it averaged about 3% of GDP in the region, with some countries relying on much more.

This support helps fund essential services like health, education, and humanitarian assistance. But as aid declines, countries face difficult choices, and the impact will be largest where dependence is highest.

Read more in our Country Focus blog: https://www.imf.org/en/news/articles/2026/06/22/aid-is-falling-fast-what-can-african-countries-do

The global oil market absorbed a major disruption after the Strait of Hormuz closed, cutting off a fifth of global suppl...
08/21/2026

The global oil market absorbed a major disruption after the Strait of Hormuz closed, cutting off a fifth of global supply.

Prices stabilized as demand declined, production outside the Gulf increased, and inventories were drawn down. But buffers are now smaller. Spare capacity has been put to work and inventories have fallen, leaving the system more exposed to future shocks. https://www.imf.org/en/blogs/articles/2026/07/15/the-oil-market-absorbed-the-war-shock-but-buffers-are-running-low

08/20/2026

AI is expected to affect 4 out of 10 jobs worldwide. Smart policies can help ensure the gains benefit everyone. Watch our latest Ask an Economist to learn what this means for the future of work.

Stablecoins allow Nigerian households and small firms to move money across borders faster and at lower cost. Nigeria acc...
08/19/2026

Stablecoins allow Nigerian households and small firms to move money across borders faster and at lower cost. Nigeria accounts for about 60% of stablecoin inflows in sub-Saharan Africa since 2019.

But widespread use of dollar-pegged tokens raises questions about monetary sovereignty and financial integrity. New IMF analysis outlines a pragmatic approach: allow innovation, strengthen oversight, improve data, and upgrade payment infrastructure.

Read more in our Country Focus blog: https://www.imf.org/en/news/articles/2026/06/16/stablecoins-in-nigeria

08/16/2026

Highlights from Managing Director Kristalina Georgieva’s recent visit to Uruguay 🇺🇾

From meetings with authorities to conversations with students at Ceibal and Escuela Nº108, the visit highlighted Uruguay’s strengths in economic stability, innovation, education, and digital transformation.

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