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IMF cuts global growth forecasts, warns high inflation threatens recession
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy…
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…
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…
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…
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…
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,…
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…
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…
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…
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…