The International Monetary Fund (IMF) Executive Board has discussed a new IMF staff policy paper on Understanding Global Imbalances, warning that persistent and widening global imbalances continue to pose risks to macroeconomic and financial stability.

Budgets across sub‑Saharan Africa are increasingly falling short of government commitments, weakening economic management at a time of rising debt, tightening financing conditions and growing social pressures, according to a new International Monetary Fund (IMF) report.