The Latest Breaking News from International Monetary Fund

The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen told AFP ahead of stakeholders' meetings next week where key changes are expected to be announced. Central bankers, finance ministers and participants from more than 180 member countries…

October saw the UK chancellor in the dock. Now the US’s Yellen will face flak over green subsidies and banking security

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.33%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.42%. U.S. stock indexes this morning are moderately lower, with...

The International Monetary Fund chief is warning that the world economy is expected to grow less than 3% in 2023, down from 3.4% last year, increasing the risk of hunger and poverty globally

The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to remain around 3% for the next five years, IMF Managing Director Kristalina Georgieva said in prepared remarks on Thursday. That is the global lender's lowest medium-term growth forecast since 1990, and well below the…

Kristalina Georgieva says slowdown last year after Covid pandemic and Russian invasion of Ukraine could persist for five years

Qatar's Minister of State in the Ministry of Foreign Affairs Mohammed bin Abdulaziz bin Saleh Al-Khulaifi held recently a number of meetings with Lebanese spiritual and political leaders, which highlighted the difference between Qatar and France's approach in dealing with the presidential issue. According to well-informed sources, Paris is likely…

IMF researchers are calling for regulation of the shadow banking system, citing potential risks to the financial system.

The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement for Morocco under the Flexible Credit Line (FCL).