IMF advises Gulf economies to dip into asset reserves to maintain growth amid oil price plunge
IMF estimates that oil and gas export losses in Gulf Cooperation Council will amount to around $300bn in 2015.
China's economy expands at 7.4% in 2014, slowest pace in 24 years
Actual growth misses official forecast for first time since 1998, but services and e-commerce do well.
Global economic outlook still glum even with cheaper oil
A sharp drop in oil prices and a stronger US economy will probably not be enough to brighten the outlook for global economic growth this year, the head of the International Monetary Fund said on Thursday (January 15).
US to offer more aid to nearly bankrupt Ukraine
Ukraine's economy is on the verge of bankruptcy.
Insight
More news
IMF approves $118.6m aid to Honduras, lempira rises to two-month high
IMF says Central American country's GDP growth will keep pace and inflation will be under control.
IMF: Sudan must step up efforts to get relief from debt burden
Fund says Sudan has to work with South Sudan to get debt relief from external creditors.
IMF: Afghanistan's prospects hurt by uncertainties, sale of New Kabul Bank, donor financing crucial
Discussions on 2015 budget focus on tax policy and expenditure measures.
Ebola: US Asks IMF to Write Off $100m Debt of Guinea, Sierra Leone and Liberia
US says debt relief will help West African countries to cope with devastating effects of Ebola.
Russia's Struggle With Ukraine to Hit Growth in Central Asia
IMF says central Asian countries will feel impact of falling oil prices and the Ukraine crisis.
Caucasus and Central Asia's GDP Growth Seen Slower on Lower Remittances From Russia: IMF
Russia-Ukraine crisis and Western sanctions impact growth in Caucasus and Central Asia.
Greece Likely to Need Help to Exit Bailout, States EU Official
Athens is due to exit the EU bailout programme at the end of 2014.
World Bank Urges China to Lower 2015 Growth Target to 7%
Chinese economy grew at its slowest pace in five years in the July-September third-quarter.
GCC Economies Best Performers, But Must Improve Policy Frameworks: IMF Chief Christine Lagarde
IMF says Gulf countries' oil sector will remain robust at 6% growth, but fiscal reforms are needed.
IMF Introduces 0.05% Interest Rate Floor For SDR Loans and Reserves
Fund also changes rounding convention for calculating SDR interest rate from two to three decimal places.
IMF Calls on Zimbabwe Government to Sort Out Economic Mess
The International Monetary Fund's Africa director said she made four reformist suggestions to Harare
William Keegan: The IMF has Gone all Keynesian but Europe Should Not Follow its Lead
Christine Lagarde's volte face is all very well, but Germany could stand in her way.
Emerging G-7 Economy is Bigger Than Traditional G-7
G-7 group of emerging economies now have combined GDP of $37.8tn at purchasing power parity, compared to $34.5tn for traditional G-7.
Global Economy Could Stall Again on Eurozone and Japan Worries: World Bank Chief Economist
World Bank's chief economist Kaushik Basu said takeoff for global economy is unsure.
Global Inequality Widening as One Billion Still Live in Extreme Poverty
World Bank and IMF determine more work to be done if development targets are to be met.
IMF Warns Ailing or Bloated Bank Overhauls Threaten the Global Economic Recovery
IMF's Global Financial Stability Report says banks need to overhaul themselves but will risk recovery.
US Stocks Fall Over Concerns on Global Economic Growth
The International Monetary Fund has cut back its forecast for global economic growth, causing US stocks to slide, despite signs that the US economy is strengthening.
IMF Urges Overhaul of Sovereign Bonds Post Argentina Default Saga
Changes may prevent 'vulture funds' and 'holdout' creditors from blocking debt restructurings..
IMF Projects 8.25% Growth in Myanmar Led by Rising Gas Production
While GDP is rising and inflation stable, Myanmar needs reforms to sustain growth, says Fund.
IMF: Ethiopia Needs to Implement Structural Reforms to Sustain Growth
IMF says while economic growth is strong, Ethiopia must push towards private investments to ensure it will continue.
Zimbabwe Pressured by Weak Inflows, Strong Rand, Huge Debt: IMF
Zimbabwe's economic growth has slowed down because of inadequate financial flows and the appreciation of the South African Rand.
South-East Asia to Overtake Japan's Economy by 2025
Increased trade with China and ASEAN Economic Community will boost region's economy, according to Singapore's United Overseas Bank.
- MOST READ
- 1
- 2
- 3
- 4
- 5
