This paper discusses Finland's public sector balance sheet. The public sector balance sheet approach expands analysis of public finances beyond government debt to also include government assets, public corporations, and pension liabilities. For Finland, it shows that static public sector net...

This 2017 Article IV Consultation highlights that Albania's economy continues to strengthen, benefitting from rising domestic demand, large energy-related foreign direct investment (FDI), and a recovery in key European Union (EU) trading partners. The declining output gap and pass-through of...

This paper argues that the technical and political difficulties of using SDRs for development can be overcome. This requires an SDR-based reserve system and a fully SDR-funded IMF. The IMF would allocate SDRs counter-cyclically and treat them as deposits of countries, which could be used in...

This Technical Assistance Report on The Gambia highlights that the government has highlighted infrastructure development as a key element of National Development Plan, 2018-21. The report discusses that the need for increased public investment in the Gambia should be balanced against potential...

The past year has been a time of unexpected challenges for the international community, International Monetary Fund (IMF) Managing Director Christine Lagarde says in her foreword to the institution's Annual Report 2015-Tackling Challenges Together, published today. Amid the continued focus on...