Continued progress in reducing advanced economy deficits and a gradually improving external environment have lowered short-term fiscal risks, according to this

The Global Financial Stability Report examines current risks facing the global financial system and policy actions that may mitigate these. It analyzes the key

Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but mus

Chapter 1 discusses how fiscal policy operates amid a sharp rise in uncertainty caused by the war in Ukraine. Chapter 2 discusses how international coordination

Fiscal risks are abating somewhat but remain elevated. In advanced economies, recent policy moves have broadly stabilized public debt ratios, but medium-term pr