Statement by IMF Deputy Managing Director Bo Li at the Conclusion of his visit to St. Kitts and Nevis

IMF Deputy Managing Director Bo Li visited St. Kitts and Nevis from February 14-16, where he met Prime Minister Terrance Drew and held meetings with Governor Timothy Antoine, Chairman Camillo Gonsalves, and the members of the Eastern Caribbean Central Bank (ECCB) Monetary Council.

Polo Strategico Nazionale: accelerating Italy’s digital transformation with over €200 million from Intesa Sanpaolo, UniCredit, CDP, Banco BPM and BPER, with EIB support

Polo Strategico Nazionale (PSN) continues to serve as the main facilitator of Italy’s digital transformation, thanks also to the support of the main Italian financial institutions and the European Investment Bank (EIB).

Kingdom of the Netherlands–The Netherlands: Staff Concluding Statement of the 2024 Article IV Mission

While growth has slowed recently, the Dutch economy continues to show remarkable resilience. After 2 years of strong recovery, growth decelerated to about 0.1 percent in 2023, reflecting the energy shock, tighter financial conditions, and weaker external demand. Eroding consumer purchasing power dragged private consumption down in 2023 H1. Growth is estimated to have picked up in Q4 2023, with higher real wages and increasing house prices. . Industrial production and exports remained sluggish, however, reflecting weak external demand; higher borrowing costs have weighed on investment. At 1.0 and 3.3 percent in December 2023, headline and core inflation declined significantly from their respective peaks in September 2022 and May 2023.

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