The IMF Mission is visiting Estonia



From today until 18 May a delegation from the International Monetary Fund, IMF, will be visiting Estonia to discuss the state of the country's economy, the impact of the war in Ukraine, and the economic policy steps taken because of it with representatives of the government and private businesses. The visit is part of the IMF's annual economic policy consultation.

These meetings will focus primarily on how Russia's invasion of Ukraine has affected the economic outlook and what economic policy decisions have already been taken and are planned in connection with the war. The discussions on fiscal policy will focus on the support measures that have been taken to address rising energy and food prices, the arrival of refugees, and possible problems in supply chains. Members of the mission will also be given a description of the future structural policy steps to support growth in the economy that will be needed for Estonia to achieve its goals in the digital and green transition.

During its visit the IMF delegation will hear a review of the state of the financial sector and the outlook for it, and of changes in anti-money laundering policy and management in Estonia.

The IMF delegation will meet members of the government and the Riigikogu, and leaders and analysts from Eesti Pank, Finantsinspektsioon, and various ministries and official institutions. Meetings are also planned with representatives of commercial banks, professional associations and private companies.

The outcome of the IMF visit will be presented by the mission chief Cheikh Anta Gueye on Monday 18 May at 12-13 at a press conference in Eesti Pank, where he will be joined by the Governor of Eesti Pank Madis Müller and Minister of Finance Keit Pentus-Rosimannus.

The International Monetary Fund discusses relevant economic policy issues with its member countries once a year. The consultation is followed by a report by the IMF experts assessing economic policy in Estonia.

Additional information:
Hanna Jürgenson
Communications Specialist
Eesti Pank
Tel: 668 0965, 5692 0930
Press enquiries: [email protected]