The Latest Breaking News from International Monetary Fund

IMF raises India's GDP forecast to 6.8% for 2024-25, signaling economic resilience and global potential.

IMF forecasts 'soft landing' for global economy with modest growth and controlled inflation. Challenges like inflation and geopolitical tensions persist.

Treasury Secretary Yellen advocates leveraging Russian assets to support Ukraine amidst ongoing conflict.

In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares

Treasurer Jim Chalmers will use talks in Washington to take the temperature of the global economy as he puts the finishing touches on his third federal budget.

US Treasury Secretary Janet Yellen warned Tuesday of further sanctions targeting Iran following its unprecedented attack on Israel over the weekend, saying she expects Washington will take added action "in the coming days."

Abidjan's soaring Alassane Ouattara bridge lit up at night in the colours of the national flag is Ivory Coast's jewel in the crown after years of investment.

The IMF has raised its outlook for the global economy this year, while maintaining a gloomy forecast over the medium term, according to fresh data published Tuesday.

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, its chief economist told AFP. "We are projecting a global economy that is quite resilient for 2024," Pierre-Olivier Gourinchas said in an interview ahead of…

Growth per head will remain flat this year as the effects of high inflation take time to abate

Pakistan's Finance Minister is optimistic about securing an IMF loan to address economic challenges and stabilize the country's economy.