A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. 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 IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.
The authorities have consented to the publication of this statement. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.
Washington, DC:
Economic Outlook
The Spanish economy continues to recover from the COVID pandemic, but it is facing new headwinds from Russia's invasion of Ukraine. The unprecedented public support measures in 2020–22 have helped protect firms and households. The labor market recovery in 2022 has been robust, with employment exceeding its pre-pandemic level. Tourism and other services have performed especially strongly. However, the sharp rise in global energy and food prices, the slowdown of activity in Spain’s trading partners, the deterioration of consumer and business confidence, and tighter financial conditions...
During August 2026, a series of misleading, fabricated and falsely contextualised claims circulated across social media platforms and media accounts in Bharat. The claims covered electoral rolls, ...