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The Latest Breaking News from International Monetary Fund

France, Italy to Support Tunisia Control Irregular Migration

France is ready to help cover Tunisia's remaining financing needs for 2023 and 2024, said France’s ambassador to Tunisia, André Parant, announcing that a package of 250 million euros is currently awaiting disbursement to help the country bridge its budgetary gap. In an interview with the Tunisian news agency, TAP,…

Asharq Al-Awsat

IMF chief warns global financial stability at risk from banking turmoil

Kristalina Georgieva joins others in voicing fears about threat to world economy after recent bank collapses

The Guardian - UK

Pakistani ex-PM Khan sets out economic rescue plan at rally

Former Pakistani Prime Minister Imran Khan says the government has no plan to bring the country out of crisis

The Independent UK

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IMF chief warns risks to financial stability have increased

Beijing (AFP) - International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.

AFP

US Warns Situation in Lebanon Cannot Persist

US Assistant Secretary of State for Near Eastern Affairs Barbara Leaf warned Lebanese officials on Friday that the situation in their country cannot persist amid the crippling economic, living and political crises it is enduring. Leaf had arrived in Beirut as part of a tour of the region that includes…

Asharq Al-Awsat

Protesters in Suriname demand president resign

A few hundred protesters have gathered in Suriname’s capital to demand that the president of the South American country resign

The Independent UK

Ukraine creditors group: provides assurances to support IMF steps to help Ukraine

The Group of Creditors of Ukraine (GCU) body said on Friday that it had provided financing assurances to support the International Monetary Fund's (IMF) approval for an upper credit tranche programme to help restore Ukraine's economy.

Reuters

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US Says Tunisia President Weakened Democratic Controls

Tunisian President Kais Saied has caused "enormous concern" about where Tunisia is headed with moves that have weakened democratic checks and balances, US Assistant Secretary of State Barbara Leaf said on Thursday. Leaf told Reuters that after years of efforts to build democracy, "what we've seen in the last year…

Asharq Al-Awsat

'Mission: Impossible 8' Brings Back a Character Only Hardcore Fans Will Remember

Remember CIA Analyst William Donloe? Well, he's back for one last impossible mission in 'Mission: Impossible — Dead Reckoning.'

Inverse

IMF Says Preparing for 1st Review of Egypt Program

Preparations for the first review of Egypt's economic reform program with the International Monetary Fund have begun and dates for the review mission will be announced when agreed with the authorities, an IMF spokesperson said on Thursday. The IMF approved in December a $3 billion Extended Fund Facility loan for…

Asharq Al-Awsat

IMF: Lebanon is in 'Very Dangerous Situation'

The International Monetary Fund warned on Thursday that Lebanon was in a very dangerous situation a year after it committed to reforms it has failed to implement and said the government must stop borrowing from the central bank. IMF mission chief Ernesto Rigo told a news conference in Beirut that…

Asharq Al-Awsat

IMF warns without reforms, Lebanon could see hyperinflation

The International Monetary Fund has given a grim assessment of Lebanon’s prospects for getting out of its deepening financial crisis

The Independent UK

IMF warns Lebanon at 'very dangerous moment'

Beirut (AFP) - Crisis-hit Lebanon is "at a very dangerous moment", a visiting International Monetary Fund delegation said Thursday, criticising slow progress on reforms needed to unlock billions in loans.

AFP

IMF: Lebanon in 'very dangerous situation' with reforms stalled

Reuters

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Reuters

US says Tunisia president weakened checks and balances

Tunisian President Kais Saied has caused "enormous concern" about where Tunisia is headed with moves that have weakened democratic checks and balances, U.S. Assistant Secretary of State Barbara Leaf said on Thursday.

Asharq Al-Awsat

Saudi Ambassador, IMF Delegation Discuss Conditions for Lebanon’s Recovery

Saudi Arabia’s ambassador to Beirut Walid Al-Bukhari discussed with the International Monetary Fund (IMF) delegation the necessary conditions for Lebanon's economic recovery. Al-Bukhari met with the visiting IMF delegation, headed by Ernesto Ramirez Rigo, on Wednesday at his residence in Yarzeh, east of Beirut. Talks during the meeting touched on…

The Independent UK

Ukraine clinches £12.7bn IMF loan to shore up finances amid Russian invasion

Cost of rebuilding from Putin’s war rises to £336bn

The Guardian - UK

IMF announces $15.6bn support package for Ukraine

International Monetary Fund breaks ground with first such support for a country at war

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The Guardian - UK

Russia-Ukraine war at a glance: what we know on day 392 of the invasion

Volodymyr Zelenskiy visits military positions near Bakhmut; six killed overnight in drone attack on Rzhyshchiv in Kyiv region

Evening Standard

What is the IMF? Leaders to meet in Morocco in aftermath of earthquake

The world economy needs Africa to prosper, says the IMF’s chief

France 24

War-torn Ukraine to receive first loan from IMF

The International Monetary Fund (IMF) and Kyiv have reached a staff-level agreement for a $15.6 billion loan which should be finalised in the coming weeks. The Washington-based lender had previously changed its rules in order to allow loans to countries facing "exceptionally high uncertainty", without naming Ukraine specifically. Also in…

The Independent UK

Ukraine, IMF agree on $15.6 billion loan package REDIRECTED

The IMF and Ukraine have agreed on a new loan package to support the government's financies severely strained by Russia's invasion

Asharq Al-Awsat

IMF, Ukraine Reach Staff Level Agreement on $15.6b 'EFF Arrangement'

The International Monetary Fund announced on Tuesday that it reached with Ukrainian authorities a staff have a staff-level agreement that would be supported by a new 48-month Extended Fund Facility (EFF) Arrangement. It said the EFF, with requested access of around $15.6 billion aims to support the Ukrainian authorities anchor…

France 24

Zelensky says Ukraine will 'respond to every blow' after Russian attacks

Ukrainian President Volodymyr Zelensky on Wednesday said his country would "respond to every blow" after Russian strikes killed at least seven people in the Kyiv region, and claimed another victim in southern Zaporizhzhia. Follow our blog to see how the day's events unfolded. All times are Paris time (GMT+1).

Bangkok Post

Asian currencies subdued as investors await Fed decision

SYDNEY: Most Asian currencies were tepid on Wednesday, with the Philippine peso falling most, as investors await the conclusion of the Federal Reserve's (Fed) policy meeting for clarity on the future United States rate path.

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