International Monetary Fund news & latest pictures from ibtimes.co.uk

The International Monetary Fund (IMF) is the international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rate and the balance of payments.

It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development through the enforcement of liberalising economic policies on other countries as a condition for loans, restructuring or aid.

It also offers highly leveraged loans, mainly to poorer countries. Its headquarters are in Washington, D.C., United States.

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.

The Paris protest is part of a "Debt for climate" global campaign calling on G7 leaders to cancel the debts of poorer and less industrialised countries

Climate Activists Block IMF Paris Office Doors

Climate activists block IMF Paris office doors

Shopkeeper uses a calculator while selling spices and grocery items at a shop in Karachi

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

Beachgoers enjoy sunshine at Southend on Sea

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 and unrest in Arabian region

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 supports gender equality in pay

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."

Christine Lagarde, Managing Director of the IMF

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 warns that an economic crisis in China could make the world go back into recession

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.