Twelve countries’ financial sectors under IMF spotlight in 2020
Fund reveals which nations will undergo financial stability assessments
The International Monetary Fund has revealed the 12 nations that will be put under the spotlight this year as part of its scheduled financial stability assessments.
Austria, Denmark, Hong Kong, Italy, Korea, Norway and the US – all deemed systemically important financial sectors by the fund – will undergo the mandatory assessment, scheduled for every five years.
An additional five countries – Algeria, Latvia, the Philippines, South Africa, and Trinidad and Tobago – will also be assessed, but
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