IMF Delivers Targets To Pakistan In Step Toward Restoring Bailout
Pakistan said on Tuesday that it has received economic and financial targets from the International Monetary Fund (IMF) that once agreed and ratified should pave the way for multilateral lender to unlock a suspended bailout programme.
Climate Activists Block IMF Paris Office Doors
Climate activists block IMF Paris office doors
Pakistan To Make IMF-backed Painful Economic Adjustments In FY2022-23 Budget
Pakistan's government is set to present a budget for financial year 2022-23 on Friday aimed at tight fiscal consolidation in a bid to convince the International Monetary Fund (IMF) to release much-needed bailout payments for the cash-strapped country.
IMF expects further cut in global growth outlook
The International Monetary Fund expects to further cut its forecast for global economic growth in 2022 next month, an IMF spokesperson said on Thursday, following moves by the World Bank and Organization for Economic Co-operation and Development (OECD) to cut their own forecasts this week.
Diversify global supply chains, don't dismantle them, IMF says
The IMF recommended governments prioritize improving vaccine access to end the pandemic as soon as possible
Sri Lanka running out of medicine, doctors warn of death toll surpassing Covid
Sri Lanka is running out of almost all basic amenities such as food and fuel due to the current economic crisis. The doctors in the country have said that they are now running out of medicines too.
Sri Lanka cancels school exams due to shortage of printing paper, ink
The economic crisis faced by Sri Lanka is only worsening with each passing day, the country has now cancelled school exams for millions of students as it has run out of printing paper and ink
UK medical leaders urge virus response review, warn of second wave
In a joint letter, the presidents of around a dozen medical organisations said lessons must be learned -- and quickly.
G20 finance ministers to hold virtual talks on coronavirus crisis
The talks came after criticism that the G20 has been slow to address the COVID-19 pandemic, which has left more than 37,500 dead worldwide.
IMF chief: 'Clear we have entered recession'
The IMF chief said in her press conference on Friday that this recession would be even worse than in 2009.
IMF calls for 'substantial' stimulus, coordination against virus
The rising concern about the global economy has been reflected in the continued collapse of global stock markets.
IMF chief calls for all-out offensive to counteract epidemic
The virus has shuttered factories, disrupted travel, infected nearly 95,000 people worldwide and killed more than 3,200, mainly in China.
Coronavirus puts 'fragile' global recovery at risk: IMF to G20
Global growth was poised for a modest rebound to 3.3 percent this year, up from 2.9 percent last year.
Thunberg, Trump to offer competing visions at climate-focused Davos
Business leaders will be keen to tout their awareness on climate change but are likely also to be concerned by the state of the global economy.
IMF chief: 'We look forward to engaging' with new Argentina government
IMF said it looks forward to work in tandem with the new Argentina government to stabilise the economy and promote sustainable growth.
Unemployment fuels unrest in Arab states: IMF
The IMF slashed its outlook for the region's three largest economies -- Saudi Arabia, Iran and the United Arab Emirates.
IMF chief Kristalina Georgieva tells women: Don't accept less!
An IMF report finds unpaid work "is a substantial part of economic activity that goes unmeasured and is shouldered disproportionally by women."
IMF agrees to pump $57bn into Agrentina's teetering economy
South America's second-largest economy battered by a run on the Argentine peso amid double-digit inflation.
Argentina, Turkey, Indonesia – why it's too early to speak of contagion in emerging markets
Weak economic fundamentals, not blind investor panic, has driven a summer of currency crises.
Lagarde urges countries to settle trade disputes, cut debt
IMF Managing Director Christine Lagarde told reporters that "the near-term prospect for the global economy appears to be bright."
Guernsey Finance boss calls Paradise Papers leak an 'illegal hack' peddling tax transparency untruths
Dominic Wheatley says sensationalist reporting is deliberately designed to undermine legitimate business acts of offshore centres.
IMF pushes higher taxes for rich to tackle inequality
Washington-based lender says there is no evidence to suggest that raising taxes on high-earners would adversely affect economic performance.
Brexit without a deal could see all UK-EU flights grounded, warns Philip Hammond
Chancellor says he considers such an outcome highly unlikely, but stressed that uncertainty about Brexit is acting as a dampener on the British economy.
China's credit boom on 'dangerous' path with massive consequences for global economy
New IMF report warns of an economic disruption, calls for remedial measures from Beijing.
If Britain is the 'sick man' of Europe benchmarking standards have really slipped
Many economies are seeing growth at or below that of Britain but the post-Brexit sick man narrative persists as it suits the agenda of some.
IMF downgrades UK growth forecast on 'slow start' to the year
"Weaker than expected activity" behind lowering of forecast for the British economy.
Greece denied fresh bailout funds amid eurozone-IMF spat
Athens needs €7bn by July to fulfil debt obligations.
World leaders urged to cancel Somalia's $5.3bn debt amid threat of imminent famine
Somalia is facing the "largest humanitarian crisis in history of the United Nations".
Thousands of women march in protest against Venezuelan President Nicolas Maduro
The protesters sang the national anthem and shouted 'we want elections'.
German Finance Minister Wolfgang Schaeuble says Greece on track to receive delayed bailout
Athens needs €7bn by July to fulfil debt obligations.