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The Latest Breaking News from International Monetary Fund

Short-Seller Jim Chanos Calls Elon Musk 'Subsidy King' After Carbon Tax Proposal

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

International Business Times UK

In Pakistan, old hopefuls jostle to turn around struggling economy

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

Al Jazeera

Zambia in Discussions with IMF over Debt Restructuring

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...

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Milei's Sweeping Reform Package Triumphs in the Legislature's Lower House

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

Reason

Economists Pilloried For Getting Forecasts Wrong

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.

International Business Times

Egypt and IMF Reach Agreement on Economic Reform Program

The IMF and Egypt have reached an agreement on the main policy elements of an economic reform programme, signaling positive steps towards stabilizing the c...

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IMF Forecasts China's GDP Growth to Slow to 4.6% by 2024

The International Monetary Fund (IMF) projects China's GDP to slow to 4.6% in 2024 and potentially decline further in the medium term. Find out more.

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China's Property Sector Meltdown Continues, IMF Forecasts Slower Growth

Despite measures to boost the property sector in China, markets plunged as the IMF predicts further economic slowdown in the coming years.

Top News

China Economic Slowdown To Persist Through 2028: IMF

China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.

International Business Times

Success of India grounded in pursuit of reforms over last years: IMF MD

The IMF Managing Director praises India's economic success, projecting 6.5% growth in 2024, emphasizing reforms, digital advancements, and female participation.

The Hindu

IMF Says Central Banks Should Not Rush Into Rate Cuts

The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late, Managing Director Kristalina Georgieva said Thursday.

International Business Times

IMF Supports Milei's Reforms but Cautions on Risks for Argentina

The International Monetary Fund (IMF) supports economist Javier Milei's proposed reforms for Argentina's economy, but warns of potential risks to the count...

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Tunisia’s Saied wants to make the central bank fill the budget deficit

By borrowing billions from the central bank to shore up budget, the president could well worsen Tunisia’s economic woes.

Al Jazeera

Jeremy Hunt plays down talk of spring budget tax cut after IMF warning

Chancellor says less room now for spring giveaway despite being widely thought to be gearing up for cuts

The Guardian - UK

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International Business Times

IMF Authorizes $4.7 Bn For Argentina After Milei's 'Bold' Reforms

The International Monetary Fund on Wednesday approved a fresh $4.7 billion for Argentina, praising the new administration of President Javier Milei as he enacts "bold" cost-cutting to bring the country's ailing economy back on track.

The Guardian - UK

The Guardian view on Rishi Sunak’s tax plans: stop trying to buy votes

Editorial: The IMF is right: Downing Street is taking a foolish risk by putting tax cuts before public spending

Top News

IMF Raises India's Growth Forecast to 6.5% for Next Year

The IMF has raised India's growth forecast to 6.5% for the next financial year, reflecting a positive outlook for the country's economic recovery.

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IMF Warns of China Risk, Revises Up Asia's Growth Forecast

The International Monetary Fund (IMF) has revised up its growth forecast for Asia, but also warns of potential risks stemming from China's economic situation.

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IMF Lowers UK's 2025 Growth Outlook Amid Strong Past Performance

The International Monetary Fund (IMF) has lowered its growth forecast for the UK economy in 2025, citing stronger performance in the past as a reason for t...

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IMF Lowers Argentina's GDP Forecast, Impacts Regional Outlook

The International Monetary Fund (IMF) has lowered its GDP growth forecast for Argentina, impacting the overall economic outlook for Latin America.

Top News

IMF affirms Japan's commitment to flexible exchange rate policy

The International Monetary Fund (IMF) recognizes Japan's dedication to maintaining a flexible exchange rate, a key component in the country's economic stra...

Latin Times

IMF Expects U.S. and Latin America's GDP to Grow 2.5% This Year, Decelerate in 2024

In its new World Economic Outlook, the organization said that the global economy is approaching a soft landing, but risks remain

Top News

IMF Upgrades Global Economic Outlook, Expects Soft Landing

The International Monetary Fund forecasts resilient global economic growth led by the US and lower inflation rates, raising hopes for a soft landing.

International Business Times

IMF Lifts Global Growth Forecast Citing Unexpected 'Resilience'

The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 percent, citing unexpected resilience in major advanced and emerging market economies around the world, including the United States and China.

Evening Standard

IMF cautions against UK cutting taxes in upcoming Budget

The country needs the money to invest in public services and get the national debt under control, the International Monetary Fund said

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