IMF Economic and Fiscal Updates – April 2014

IMF LogoThe IMF has just released three reports, the latest World Economic Outlook (WEO), “Recovery Strengthens, Remains Uneven,” the update to the Global Financial Stability Report (GFSR), “Moving from Liquidity- to Growth-Driven Markets;” and the Fiscal Monitor (FM), “Public Expenditure Reform: Making Difficult Choices.”

According to the WEO, global activity has broadly strengthened and is expected to improve further in 2014–15, with much of the impetus for growth coming from advanced economies.

The update of the GFSR assesses the challenging transitions that the global financial system is currently undergoing on the path to greater stability.

According to the IMF’s Fiscal Monitor, fiscal risks are abating somewhat but remain elevated. In advanced economies, recent policy moves have broadly stabilized public debt ratios, but medium-term prospects are still uncertain and debt remains at historic highs.

Access World Economic Outlook here.

Access Global Financial Stability Report here.

Access Fiscal Monitor here.