07

Dec

IMF says euro zone should keep supporting economy, high inflation is temporary

Euro zone governments should continue to spend to support the COVID-19 economic recovery, though in an increasingly focused way, and consolidate public finances only when it is firmly under way,…

Read More Here

08

Apr

IMF chief worried about middle-income countries, urges expanded definition of ‘vulnerable’

The head of the International Monetary Fund said she would discuss with IMF members whether they back offering low- and no-interest financing to middle-income countries hit hard by the pandemic,…

Read More Here

07

Apr

IMF sees stronger global growth as some COVID clouds begin to clear

The International Monetary Fund said unprecedented public spending to fight the COVID-19 pandemic, primarily by the United States, would push global growth to 6% this year, a rate unseen since…

Read More Here

14

Oct

IMF warns Coronavirus crisis could tip 90 million into ‘extreme deprivation’

More than 90 million people could be forced into "extreme deprivation" this year as developing and emerging economies are hit hardest by the coronavirus pandemic, the International Monetary Fund (IMF)…

Read More Here

13

Oct

Climate change is a serious threat to global growth – IMF

Climate change poses a serious threat to global growth, the head of the International Monetary Fund said on Monday, urging the world's top emitters to agree on a floor for…

Read More Here

01

Sep

Invest aid funds selectively to overcome crisis – IMF

Governments need to invest aid funds more selectively to overcome the coronavirus crisis in the long term, International Monetary Fund Managing Director Kristalina Georgieva said. They also need to make…

Read More Here

12

Jun

IMF says $10 trillion spent to combat pandemic, far more needed

Governments around the world have spent $10 trillion in fiscal actions to respond to the novel coronavirus pandemic and its economic fallout, but significant further efforts are needed, the head…

Read More Here

16

Apr

IMF head calls for Brexit trade talk extension

The IMF has suggested the UK and the EU should "not to add to uncertainty" from coronavirus by refusing to extend the period to negotiate a post-Brexit trade deal. Managing…

Read More Here

16

Apr

IMF says Asia will suffer zero economic growth this year

Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the region’s service sector…

Read More Here

15

Apr

Tunisia tourism sector could lose $1.4 bln

  Tunisia’s vital tourism sector could lose $1.4 billion and 400,000 jobs this year due to the new coronavirus pandemic, an official document showed, as the country seeks a loan…

Read More Here

13

Feb

Lebanon asks the IMF for help

  As Lebanon’s government grapples with an economic crisis that has fueled increasingly violent protests, the heavily indebted country must urgently decide on how to deal with fast-approaching debt payments,…

Read More Here

18

Jan

IMF boss says global economy risks return of Great Depression

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability. Speaking at the…

Read More Here

28

Oct

Unemployment fuels unrest in Arab states: IMF

Unemployment and sluggish economic growth are fuelling social tension and popular protests in several Arab countries, the International Monetary Fund said Monday. The unrest is in turn contributing to slower…

Read More Here

22

Aug

IMF recommends scrapping age limit for Georgieva

  The International Monetary Fund (IMF) said its executive board recommended the removal of the age limit for its managing director, a move needed for European nominee, the Bulgarian Kristalina…

Read More Here

03

Aug

Bulgarian Kristalina Georgieva selected by EU for IMF top job

Kristalina Georgieva, the Bulgarian chief executive of the World Bank, has been picked as Europe's choice to lead the International Monetary Fund (IMF) after a divisive 14-hour round of voting…

Read More Here

04

Jul

George Osborne’s ambitions to run IMF

George Osborne is considering putting his name forward to replace Christine Lagarde as the head of the International Monetary Fund, according to reports, a move that would see him become…

Read More Here

20

Apr

Spain overtakes Italy, and it’s not about football.

Italy and Spain, often end up 'fighting it out' on the football pitch. The past weeks saw Roma and Juventus facing Barcelona and Real Madrid respectively. The matches were the…

Read More Here