Economic Progress

The IMF's advice on restoring strong economic growth

What challenges are facing the global economy today? Image: REUTERS/Luke MacGregor

Vitor Gaspar
Director of the Fiscal Affairs Department, IMF
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Economic Progress

Public debt exceeds the level observed during the Great Depression.
Image: IMF Direct
In emerging markets and low-income countries, fiscal deficits are projected to be higher than in 2009.
Image: IMF Direct
Oil exporters in the MENA region are expected to see their fiscal balances significantly worsen.
Image: IMF Direct
Between 2014 and 2016, revenue to GDP ratios declined in two-thirds of all countries.
Image: IMF Direct
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