The Latest Breaking News from International Monetary Fund

Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street

Despite several rounds of sanctions levied by Western powers over the war in Ukraine, the Russian economy registered strong growth in 2023 after a recession the previous year. Fuelled by increased public spending – particularly military spending – other industrial sectors also benefited from the war in Ukraine, with the…

IMF recommends implementing tight monetary stance in emerging European economies to address economic challenges and promote sustainable growth.

The managing director of the International Monetary Fund has told AFP she is making herself "available to serve" for a second five-year term running the Washington-based financial institution, shortly after she received the backing of European finance ministers.