opportunities. The second is continued public investment in growth-enhancing infrastructure, most notably in transport

and preferably, grants—will be needed. Progress in export diversification will also be necessary, notably through further trade liberalization

to: invigorate demand and remove supply constraints through appropriate macroeconomic policies and critical structural reforms; place government

also raising questions about medium term fiscal adjustment in a few advanced countries, notably, the United

a strong international reserves position and a flexible exchange rate system – is critical in bolstering

introduced changes to the program that go some way toward addressing these limitations, notably clarifying the institutional

been applied (or has been construed as applying) to reforms that are not really critical to the

the gap, and the European Central Bank (ECB) became a critical support for peripheral

In Kazakhstan, significant expenditures are carried out through public-private partnerships and extrabudgetary institutions, notably the giant

largely as WHO adjuncts—or chip away at its authority is hard to predict.­ Notably, global health takes a

opportunities. The second is continued public investment in growth-enhancing infrastructure, most notably in transport

the planned Economic and Monetary Union (EMU). This project has already achieved much, notably in terms

highest in the Western Balkans, at around 4½ percent. However, adverse price developments—notably a secular

globalization and world economic integration. Together with an associated drive for economic liberalization, notably in the

and • supporting reforms to improve governance and transparency. Creating fiscal space is critical to allow

to rely heavily on accommodative monetary policies in advanced economies. Monetary accommodation remains critical in supporting

and international monetary cooperation and in serving its universal membership effectively at this critical juncture. The Global

and • supporting reforms to improve governance and transparency. Creating fiscal space is critical to allow

with central banks in our member countries. Central banks have played a critical role in fighting

the Fund's assessments of them, as well as strengthened financial systems are critical to reducing

and shows that the lower predicted growth in output per person stems, notably, from persistent structural frictions

most vulnerable. “The authorities have already taken important measures to reduce vulnerabilities, notably through tighter monetary policy

The key outcomes of the discussion can be found here , and notably include the endorsement

expansion of domestic demand and of non-FDI imports, will be critical to that

income countries (LICs) have been more insulated and growth in these countries, notably in Sub

to: invigorate demand and remove supply constraints through appropriate macroeconomic policies and critical structural reforms; place government

sustainability remains a key policy priority. World Economic Outlook, April 2025: A Critical Juncture amid Policy Shifts

sustainability remains a key policy priority. World Economic Outlook, April 2025: A Critical Juncture amid Policy Shifts

and shows that the lower predicted growth in output per person stems, notably, from persistent structural frictions

flow of trade in metal and mineral inputs that are critical for the

in neighboring Gulf Corporation Council (GCC) countries. At the same time, untargeted subsidies—notably petroleum product subsidies (2

albeit volatile, oil and gas prices, numerous risks still cloud the outlook—notably a slowdown

flow of trade in metal and mineral inputs that are critical for the

account liberalization; and deficient risk management by creditors. It also emphasized the critical importance of strong

Kyrgyz Republic ). Armenia and Georgia both have IMF Stand-By Arrangements. “Official support is critical in helping

operational implications for stakeholders. The DSF has been playing a critical role in guiding

and preferably, grants—will be needed. Progress in export diversification will also be necessary, notably through further trade liberalization

prompted further warnings by rating agencies of a downgrade. Other major developed economies—notably Japan and the

in 2010 the Chiang Mai arrangements were enhanced, and new institutions began, notably the New

This Workers build bridge on Trans-Africa Highway in Kenya: tackling infrastructure gap is critical for sustained

are weakening in China and several other large emerging markets, it is critical for policymakers

with advances in theoretical and empirical research and policy experiences. Notably, it was informed by

sustainability remains a key policy priority. World Economic Outlook, April 2025: A Critical Juncture amid Policy Shifts

the United States, while commodity exporters will benefit from somewhat higher (though still low) commodity prices, notably of oil

with advances in theoretical and empirical research and policy experiences. Notably, it was informed by

than-expected U.S. growth would benefit its closest trading partners in the region, notably in Central

new government’s economic program includes many welcome measures to address the critical macroeconomic challenges facing the

these advances, coverage is still limited, and reporting still incomplete, particularly of critical forward-looking metrics. Now

bank credit growth is still slowing Corporate bond markets are functioning more normally, a critical development for countries

the United States, while commodity exporters will benefit from somewhat higher (though still low) commodity prices, notably of oil

to management the function of surveillance, where strong peer review is critical. On the size

services such as in cleaning, food service, and recreation. The critical question of the

level of exports. This lack of investment reflects not only political risks, but notably the poor

achievement of the Millennium Development Goals. Directors pointed to the critical role that developed countries

of engagement and commitment, US attention has shifted to other global priorities, notably managing China’s rise

and high operating costs. The supervisory and regulatory frameworks are being strengthened, notably with a new

introduced changes to the program that go some way toward addressing these limitations, notably clarifying the institutional

CFT ). The goal is to better help our 190 member economies address these critical financial integrity issues. High

of the international community, and, in particular, the IMF, is critical in seizing

2000s to address debt distress caused in part by fallout from regional conflicts, notably the first

especially in emerging Asian economies. Malaysia, the Philippines, Vietnam, and, most notably, India recorded sizeable positive

global economy where there have been similarities, but perhaps of greater interest, important differences, notably, China's far greater

services such as in cleaning, food service, and recreation. The critical question of the

a strategic interest in being technology makers, not technology takers, in such critical areas of the

been applied (or has been construed as applying) to reforms that are not really critical to the

limitations. The IMF's focus remained on annual fiscal deficits, when off-budget operations, notably the court

a strong international reserves position and a flexible exchange rate system – is critical in bolstering

the economy has continued to expand, and poverty has fallen further. Notably, Argentina has re-accessed

Africa’s Sahel belt of nations just south of the Sahara—notably Mali and Burkina

Transition." The economic literature on the transition process has grappled with two critical questions on disinflation. First

Transition." The economic literature on the transition process has grappled with two critical questions on disinflation. First

December 16, 2013 With financial stability risks receding, strengthening growth performance emerges as the critical challenge for Belgium

of depleting foreign exchange reserve buffers and accumulating public debt via widening deficits, notably in Egypt

Africa’s Sahel belt of nations just south of the Sahara—notably Mali and Burkina

free trade and partnership agreements with many countries around the world, but notably reaching new trade deals

also raising questions about medium term fiscal adjustment in a few advanced countries, notably, the United

2000s to address debt distress caused in part by fallout from regional conflicts, notably the first

is high, and the social safety net remains important Strong ownership has been critical to Latvia

banks dominating in most of the transition countries. This has brought critical benefits in terms

agenda.  The program is expected to catalyze further official financing from multilateral sources —notably from the World

prices to soften more as new oil and gas resources are exploited, most notably in the

In Kazakhstan, significant expenditures are carried out through public-private partnerships and extrabudgetary institutions, notably the giant

Second, your invitation also provides an excellent occasion to reflect upon the critical issues facing Central Asia

account liberalization; and deficient risk management by creditors. It also emphasized the critical importance of strong

Second, your invitation also provides an excellent occasion to reflect upon the critical issues facing Central Asia

prompted further warnings by rating agencies of a downgrade. Other major developed economies—notably Japan and the

also by rationalizing current spending. This would need to be accompanied by structural reforms, notably in governance

the IMF is noticing the danger of deflation and most notably in the

the planned Economic and Monetary Union (EMU). This project has already achieved much, notably in terms

response to a rapidly changing global environment, marked by growing economic integration. Most notably, the scope

globalization and world economic integration. Together with an associated drive for economic liberalization, notably in the

also raising questions about medium term fiscal adjustment in a few advanced countries, notably, the United

poverty reduction. Outward-oriented strategies and peaceful resolution of armed conflicts are critical for sustaining

substantial room for improvement, particularly in low-income countries. Limits on trade, notably through controls on foreign

largely as WHO adjuncts—or chip away at its authority is hard to predict.­ Notably, global health takes a

been extensively used over the past quarter century by medium-sized industrial countries, most notably in the

prices should give priority to protecting the most vulnerable. A critical objective is to

natural resource price decline, more than off-set by a significant pick up elsewhere, notably in Thailand

later, it had fallen to 15 percent. Nonetheless, with a few exceptions—notably, Albania, Bulgaria, and

Baltic and CIS countries to achieve macroeconomic stability and pursue critical structural reforms. In