Geo-economics
Global debt has reached a record $226 trillion
2020 saw the largest one-year debt surge since World War II as a result of the COVID-19 pandemic and a deep recession.
Paulo Medas is Deputy Division Chief in the IMF’s Fiscal Affairs Department. Previously, he held various positions in the IMF’s European and Western Hemisphere departments. He was the IMF’s Resident Representative in Brazil from 2008-11.
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Economic Progress
The role of fiscal policy to manage debt, inflation and COVID-19
Global debt has reached a record-high with the pandemic, presenting the need for fiscal policies to support the world's recovery, both private and public.
COVID-19
The pre-pandemic debt landscape - and why it matters
Many countries entered the pandemic with elevated debt levels. The IMF explains how this may shape the global economic recovery from the COVID-19 pandemic.
Corruption
The true cost of corruption is higher than you might realise
Corruption harms education and takes funds away from roads and hospitals - but there are ways to help governments fight back.