The Latest Breaking News from International Monetary Fund

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy.

The February 8 elections in Pakistan have resulted in outcomes atypical of best laid plans. Every calculation of Pakistan army chief General Asim Munir and his “selected” winner Nawaz Sharif, the Pakistan Muslim League (N), has gone askew. The voters’ message was clear - against “selection”.

The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday.

There will be no honeymoon period for winners of this week’s pivotal 2024 polls as economic challenges loom large.

Aside from talking about "wokeness", Elon Musk has recently been outspoken about topics like illegal immigration through border crossings.

New gov’t will have to deal with soaring inflation, increasing poverty, low forex reserves and weakening infrastructure.

Zambia's stance on debt restructuring remains uncertain as it rejects setting a timeline, while the IMF looks for a compromise to address the country's fin...

In exchange, the libertarian president had to scale back some of his free-market ambitions.

Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.