The International Monetary Fund (IMF) has decided to close its Resident Representative Office in San José, which has been headed by Mr. Santiago Acosta-Ormaechea, effective mid-October 2025.

In the context of Uzbekistan’s transition to a market-based economy, the authorities have undertaken several reform measures that strengthened banking supervision. Starting in 2019, a new central bank ...

Quantitative easing (QE) has been criticized for helping fuel the post-COVID inflation boom and causing large central bank losses. In this paper, we argue that QE should be evaluated mainly on its ...

Medium-term growth prospects of Caribbean countries have weakened in recent years. We examine these trends by providing new estimates of potential GDP growth for the region. Our findings reveal a ...

This report provides technical assistance to Sierra Leone in operationalizing its crisis management framework for banks, following the adoption of a legal framework for bank resolution and liquidation ...

": Selected Issues", IMF Staff Country Reports 2025, 229 (2025), accessed August 9, 2025, ...

Banking sector distress can be highly disruptive, with substantial implications for financial intermediation and economic growth. Given their disruptive effects, country authorities have often relied ...

El Fondo Monetario Internacional (FMI) ha decidido cerrar la Oficina del Representante Residente en San José, la cual estaba dirigida por el Sr. Santiago Acosta Ormaechea, a partir de mediados de octu ...

Cyber risk is highly relevant to the financial sector and financial stability of Canada. According to the Canadian Centre for Cyber Security (CCCS), in 2021, 23.9 percent of finance and insurance ...

Notes: These representative exchange rates, which are reported to the Fund by the issuing central bank, are expressed in terms of currency units per U.S. dollar, except for those indicated by (1) ...

This note explores the implementation of central bank digital currencies in environments with limited connectivity, emphasizing the need for offline solutions to enhance financial inclusion. It ...

The Lands and Survey Department (LSD) of the Cayman Islands received technical assistance to finalize and disseminate the first Residential Property Price Index (RPPI) in November 2024. This was the ...