Commodity booms are easy to celebrate but hard to manage. For resource-rich economies, commodity windfalls—if managed well—can finance investment, strengthen public finances and lift growth (Figure 1A). Poorly managed, they …
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Economy & Development
IMF Executive Board Completes First Review of Ukraine’s Extended Fund Facility Arrangement and Concludes 2026 Article IV Consultation
by NNW Bureauby NNW BureauWashington, DC: The Executive Board of the International Monetary Fund (IMF) completed today the First Review of Ukraine’s 48‑month Extended Fund Facility (EFF) arrangement. Completion of the Review allows for an …
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Economy & Development
IMF Executive Board Concludes 2026 Article IV Consultation with Solomon Islands
by NNW Bureauby NNW BureauWashington, DC: On June 29, the Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Solomon Islands.[1] Economic activity in 2025 exceeded staff expectations. The economy …