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Receive emails when we post new items of interest to you. Subscribe or Modify your profile. Describes the preliminary findings of IMF staff at the conclusion of certain missions official staff visits, in most cases to member countries. Missions are undertaken as part of regular usually annual consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources borrow from the IMFas part of discussions of staff monitored programs, and as part of other staff reviews of economic developments. Growth has slowed further while inflation remains above target and vulnerabilities persist. Fiscal consolidation underpinned by pension reform, while preserving productive investment spending, is necessary to support stability, growth, and rebuild buffers. Monetary policy should remain on hold with a tightening bias to lower inflation.

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Much progress has already been achieved, with i. This led to increased awareness and better understanding, building trust and engagement among various stakeholders. Yet, despite all efforts, business-related human rights abuse is still a serious problem. Further implementation of the UNGPs and related instruments is thus necessary, with special emphasis needed on access to remedy and justice for victims of business-related abuses. Yet, the number of ongoing processes is promising, particularly in South America, although we have yet to see how meaningful and future action oriented their outcomes will be.

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