Narrow Your Choices

Refine By Type

Refine By Countries

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Search Results

You are looking at 1 - 8 of 8 items for :

  • "resilience agenda" x
Clear All
Cover Policy Papers
The Managing Director’s Update on the FY 2023 Work Program of the Executive Board
International Monetary Fund. Policy Development and Review Dept.
The membership is facing significant challenges, including high inflation, rising food and energy insecurity, elevated debt levels, tightening financial conditions, volatile capital flows and exchange rates, and intensifying geopolitical fragmentation. To this end, the Executive Board Work Program focuses on policy responses and bilateral and multilateral advice to stabilize the global economy and build resilience, critical financial assistance to those countries most affected by these shocks, and capacity development support to help implement policy advice. More than ever, the Fund has a key role to play in promoting international cooperation and collaborative solutions to shared challenges, including those related to climate, digitalization, and inclusion.
Keywords:
surveillance policy agenda; fund policy; surveillance agenda; executive board executive board meeting; resilience agenda; IMF lending toolkit; Digitalization; Development strategy; Climate policy; Global
Cover IMF Staff Country Reports
Chile: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Chile
International Monetary Fund. Western Hemisphere Dept.
The Chilean economy is recovering from a prolonged slowdown that started with the decline in copper prices in 2011 and intensified over the past two years. The new administration, which took office in March, aims at reinvigorating investment and economic growth through structural reforms, but a divided Congress may constrain the reform space.
Keywords:
ISCR; CR; state; economic activity; holding; core inflation; liability positions vis-à-vis nonresident; financial asset; methodology of the consumer price index; authorities aim; headline inflation; Inflation; Fiscal stance; Labor markets; Global; money market rate; regulation framework; Caribbean
Cover IMF Staff Country Reports
United Kingdom: Financial Sector Assessment Program-Some Forward Looking Cross-Sectoral Issues
International Monetary Fund. Monetary and Capital Markets Department
The United Kingdom faces significant money laundering threats from foreign criminal proceeds, owing to its status as a global financial center, but the authorities have a strong understanding of these risks. The authorities estimated the realistic possibility of hundreds of billions of pounds of illicit proceeds being laundered in their jurisdiction. The money laundering risks facing the United Kingdom include illicit proceeds from foreign crimes such as transnational organized crime, overseas corruption, and tax crimes. Financial services, trust, and company service providers (TCSPs), accountancy and legal sectors are high-risk for money laundering, with also significant emerging risks coming from cryptoassets. Some Crown Dependencies (CDs) and British Overseas Territories (BOTs) have featured in U.K. money laundering investigations. Brexit and COVID pandemic have an impact upon the money laundering risks in the United Kingdom. The authorities nevertheless have demonstrated a deep and robust experience in assessing and understanding their ML/TF risks. Leveraging technology tools such as big data and machine learning to analyze cross-border payments may add further dimension to their risk assessments. This technical note (TN) will focus on key aspects of the United Kingdom’s anti-money laundering and countering the financing of terrorism (AML/CFT) regime: risk-based AML/CFT supervision, entity transparency and international cooperation.
Keywords:
information sharing; financial services markets act; infrastructure regulation; resilience Group; framework review; prudential regulation committee; NIST cyber security framework; Anti-money laundering and combating the financing of terrorism (AML/CFT); Cyber risk; Global
Cover IMF Staff Country Reports
Rwanda: Sixth Review Under the Policy Coordination Instrument and Monetary Policy Consultation Clause-Press Release; Staff Report; and Statement by the Executive Director for Rwanda
International Monetary Fund. African Dept.
The economy has emerged from the COVID-19 pandemic with scars that would likely take time to reverse. Supported by the authorities’ policy support, growth rebounded strongly to 10.9 percent in 2021. Spillovers from the war in Ukraine are compounding pandemic challenges by weighing on growth, increasing inflationary pressures and social needs, and straining fiscal balances amid high uncertainty and rising food insecurity concerns. Lower external demand and higher global commodity prices are projected to lower growth to 6 percent in 2022. Headline inflation is projected to rise from 0.8 percent in 2021 to 9.5 percent in 2022, exceeding the central bank’s benchmark level (5 percent). The National Bank of Rwanda (NBR) raised the policy rate by 50 basis points in February 2022. While the near-term outlook is marred by uncertainty from the geopolitical risks that could prolong the spillovers from the war in Ukraine, the medium-term outlook remains favorable, supported by the authorities’ commitment to structural reforms. The change in World Bank financing terms under IDA20 will increase the volume of loans, hence the debt-to-GDP ratio for Rwanda, but given the higher concessionality of the loans, the expected impact on the present value of debt path is marginal.
Keywords:
inflation expectation; interest-rate-based monetary policy framework; headline inflation; management practice; inflation development; consultation benchmark; Inflation; COVID-19; Fiscal risks; Loans; Global
Cover Policy Papers
The Managing Director’s Update on the FY 2023 Work Program of the Executive Board
International Monetary Fund. Policy Development and Review Dept.

formal discussion on Making Public Debt Public. Transformational/resilience agenda. On climate, the Board will review the Climate Macroeconomic Assessment Program. Analytical work on Energy Security and Climate Mitigation Policies , including on equivalence of carbon pricing versus other measures and reducing methane emissions, will also be shared with the Board. The digitalization workstream will now include a discussion on the CBDC Handbook for Capacity Development . Institutional work . The ongoing risk agenda, centered on the Enterprise Risk Management (ERM

Keywords:
Policy advice; transparency Policy; debt agenda
Cover IMF Staff Country Reports
Front Matter
International Monetary Fund. African Dept.

growth, policies to mitigate the pandemic scars and continued efforts to advance the climate resilience agenda will be important. Approved By Catherine Pattillo (AFR) and Eugenio M. Cerutti, (SPR) A hybrid mission comprised H. Teferra (head), V. Duarte Lledo, S. Choi, G. Pula, and C. Aoyagi (all AFR); A. Ceber (FAD); S. Mulema (MCM); and A. Miksjuk (SPR). L. Nankunda (OED) also joined the mission in person. The mission was assisted by P. Ruta buzwa a nd J. Kayemba (staff of the resident representative’s office in Kigali). Y. Hul, and I. Miller (ICD) provided

Keywords:
inflation expectation; interest-rate-based monetary policy framework; transparency policy; NBR's inflation benchmar k; monetary policy analysis; Monetary policy instruments; Inflation; Fiscal consolidation; COVID-19; Global; program's inflation target band
Cover IMF Staff Country Reports
Chile: 2018 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Chile
International Monetary Fund. Western Hemisphere Dept.

capital injection into Banco del Estado —government-owned bank and main provider of loans to SMEs—to address an estimated capital shortfall of about 0.5 percent of GDP, as well as an upgrade of its corporate governance, a review of operational risks, and measures to increase its efficiency. Authorities’ Views 30. The authorities agreed with the staff suggestions on the agenda beyond the recently approved banking law . They stressed that in the next few years they plan to work on developing a resilience agenda that would tackle issues related to the resolution

Keywords:
ISCR; CR; state; economic activity; holding; core inflation; liability positions vis-à-vis nonresident; financial asset; methodology of the consumer price index; authorities aim; headline inflation; Inflation; Fiscal stance; Labor markets; Global; fund staff calculation; IMF staff calculation; central bank of Chile; potential GDP; consumer confidence
Cover IMF Staff Country Reports
United Kingdom: Financial Sector Assessment Program-Some Forward Looking Cross-Sectoral Issues
International Monetary Fund. Monetary and Capital Markets Department

while the attack surface grew due to the increased use of potentially vulnerable services and personal devices. Furthermore, pandemic response measures often impacted financial institutions’ ability to respond to additional operational stress. 55. The U.K. authorities have identified cyber risk as a top financial stability concern within the broader operational resilience agenda. A cyber incident impacting the confidentiality, integrity or availability of a financial institutions’ critical activities may have the potential to destabilize that institution. U

Keywords:
CFT supervision; U.K. government; beneficial owner; risk understanding; due diligence