The Latest Breaking News from International Monetary Fund

Conservative government again in turmoil after new PM’s disastrous start

U.N. chief Antonio Guterres on Wednesday sought India's support in mobilising G20 nations to help out developing countries saddled with debt, with three of India's neighbours already seeking IMF loans as their economies struggle.

International Monetary Fund staff on Monday reached a staff-level agreement with Somalia that will allow the release of about $10 million to the East African country, once approved by the board, the head of the IMF mission told Reuters.

The Finance Ministry is considering new measures to encourage spending in a bid to maintain the Thai economic recovery, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO).

The economy is on course for continuous recovery driven by increasing tourism activities and active private consumption, with the growth rate expected to return to pre-Covid level by the end of this year or beginning of 2023, according to Anucha Burapachaisri, the government spokesman.

By Tereza Bízková

The International Monetary Fund (IMF) and the Egyptian authorities have agreed to finalize work to reach a staff-level agreement ‘very soon’, the multilateral lender said on Saturday. “IMF staff and the Egyptian authorities have held very productive in-person discussions on the margins of the IMF and World Bank Annual Meetings…

The International Monetary Fund and the Tunisian government have reached a tentative agreement to unblock a $1.9 billion loan as the country faces grave economic and political challenges. Under the four-year accord, the Tunisian government -- hit by growing public protests at home amid shortages of food and fuel --…

Our now titular prime minister has run out of options, but at least the right has finally loosened its grip on the economy