The Latest Breaking News from International Monetary Fund

Egypt is embarking on a privatization push to help its cash-strapped government after pressure from the International Monetary Fund

The International Monetary Fund says Australia has one of the greatest risks of mortgage defaults in the world, as it warns of a significant downturn in global economic growth for the year ahead.

Alibaba is the latest tech company to enter the artificial intelligence race, as it unveils its own chatbot, Tongyi Qianwen. But it could face restrictions before even launching, as authorities in Beijing have outlined draft regulations to govern AI, including the stipulation that such platforms will reflect the core values…

The IMF is worried about a “hard landing,” with sticky inflation meaning the odds of a recession have “risen sharply.”

Washington (AFP) - US Treasury Secretary Janet Yellen said Tuesday that she has not seen evidence of a contraction in credit, despite fears that households and firms could have a tougher time borrowing after recent banking sector turmoil.

The International Monetary Fund said the UK's economy will grow slower than most other G20 countries.

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension. Concerns over high inflation, rising geopolitical tension and financial stability all hang over the updated forecasts, with the impact…

New forecasts show a gloomy outlook for global growth and inflation.

Washington (AFP) - A leading US senator called Tuesday on European allies to stand firm on democracy in Tunisia before approving an IMF bailout, accusing President Kais Saied of long-term damage through his power grabs.