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Israel : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel

January 21, 2021
The economic impact of the COVID-19 pandemic is unprecedented. Israel’s economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high, mainly driven by the evolution of the pandemic, the prospects for widespread vaccine distribution, and political uncertainty.

Precautionary Credit Line Provides Panama with Crisis Insurance

January 20, 2021
On January 19, 2021, the IMF Executive Board approved Panama’s request for a 2-year Precautionary Liquidity Line (PLL) of $2.7 billion.

What the Continued Global Uncertainty Means for You

January 19, 2021
By Hites Ahir, Nicholas Bloom, and Davide Furceri Global uncertainty reached unprecedented levels at the beginning of the COVID-19 outbreak and remains elevated. The World Uncertainty Index—a quarterly measure of global economic and policy uncertainty covering 143 countries—shows that although uncertainty has come down by about 60 percent from the peak observed at the onset of [...]

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