Policy Papers

FY2026-FY2027 Medium-Term Budget

May 2, 2025

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Format: Chicago

International Monetary Fund. Office of Budget and Planning "FY2026-FY2027 Medium-Term Budget", Policy Papers 2025, 015 (2025), accessed May 4, 2025, https://doi.org/10.5089/9798229008365.007

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Summary

The global economy has proven resilient in the post-pandemic period, with global disinflation continuing, but with significant remaining uncertainty. This backdrop and transformations in the economic landscape are driving strong demand for Fund engagement. The proposed budget is guided by the longstanding principle of budget prudence. Notwithstanding a modest proposed structural top-up to supplement critical cybersecurity-related needs, overall net resourcing to departments will decline, given ongoing unwinding of temporary pandemic-era resources.

Subject: Budget planning and preparation, Capital budget, Public financial management (PFM)

Keywords: Budget agility, Budget envelope, Budget planning, Budget planning and preparation, Budget resources, Capital budget, Capital budget, Global, Medium-term budget

Publication Details

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