Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from International Monetary Fund

Gas lines and scuffles: Sri Lanka faces humanitarian crisis

Sri Lanka’s economy, which a few years ago enjoyed strong growth that provided jobs and financial security, is now in a state of collapse, dependent on aid from India and other countries as its leaders desperately try to negotiate a bailout with the International Monetary Fund

The Independent UK

Sri Lanka Stops Fuel Supply to Non-essential Services as Crisis Worsens

Sri Lanka will shut schools and only allow fuel supplies to services deemed essential like health, trains and buses for two weeks starting Tuesday, a minister said, in a desperate attempt to deal with a severe shortage. Sri Lanka is suffering its worst economic crisis, with foreign exchange reserves at…

Asharq Al-Awsat

Climate activists block IMF Paris office doors

Paris (AFP) - Climate activists on Monday blocked entry to the International Monetary Fund's Paris office with some gluing their hands to its doors, demanding developing countries' debt be scrapped to help tackle climate change.

AFP

From analysis to the latest developments in health,
read the most diverse news in one place.

Central Bank Chiefs Meet to Discuss Inflation Challenge

Central bank chiefs and economists gather Monday evening at their annual forum in southern Portugal to discuss the best approach to the inflationary challenges exacerbated by Russia's invasion of Ukraine. Some 200 delegates will attend the ECB Forum on Central Banking at a luxury hotel in Sintra, west of Lisbon,…

Asharq Al-Awsat

Lebanon’s Rahi Urges Politicians to Form Government Swiftly

Lebanese Maronite Patriarch Beshara al-Rahi urged fractious politicians on Sunday to speed up the formation of a government to allow authorities to prepare for presidential elections due before the end of October. Najib Mikati was nominated premier for a fourth time on Thursday after securing the support of 54 of…

Asharq Al-Awsat

Lebanon’s top Christian cleric urges politicians to form government

Lebanon's top Christian cleric urged fractious politicians on Sunday to speed up the formation of a government to allow authorities to prepare for presidential elections due before the end of October.

Reuters

Costa Rica asks IMF for $700 million from new sustainability trust

Costa Rica has told the International Monetary Fund (IMF) it is interested in obtaining a nearly $700 million loan to invest in infrastructure from a newly created fund, the Central Bank said.

Reuters

Read news from The Economist, FT, and more,
with one subscription

IMF's Georgieva Says 'Some Pain' May be Necessary to Fight Inflation

The head of the International Monetary Fund on Friday underscored the importance of fighting inflation now to shore up the prospects for economic growth in the future, warning that doing so could cause "some pain" to consumers in the short run. "Success over time (in lowering prices) will be beneficial…

Asharq Al-Awsat

IMF board concludes reviews for Ecuador, unlocking $1 billion

The International Monetary Fund executive board said Friday it had concluded its fourth and fifth reviews for Ecuador's 27-month Extended Fund Facility (EFF), allowing for the immediate disbursement of about $1 billion.

Reuters

US recession would be 'necessary price' to defeat inflation: IMF chief

Washington (AFP) - With inflation rising sharply, and the Federal Reserve raising interest rates, the United States is facing an increased risk of a downturn, IMF Managing Director Kristalina Georgieva said Friday.

AFP

There’s a simple way to unite everyone behind climate justice – and it’s within our power

Cancelling poor nations’ historic debts would allow their governments to channel money into climate adaptation, says Guardian columnist George Monbiot

The Guardian - UK

Lebanon: Mikati Named PM, Urges Action to Secure IMF Deal

Lebanon's Najib Mikati was named prime minister on Thursday, urging fractious politicians to set aside differences to secure an IMF deal which he said was the only chance to save the country from financial collapse. Facing a politically difficult path to agreeing on a new cabinet, Mikati who led three…

Asharq Al-Awsat

Pakistan’s economic muddling and the IMF challenge

The falling rupee, depleting foreign exchange reserves, energy shortage, increasing fuel prices and a complicated external support highlight the contemporary economic crisis Pakistan is in. Will Islamabad find a way out?

The Hindu

Lebanon's Mikati named PM, faces tough path to cabinet

Lebanese caretaker Prime Minister Najib Mikati was designated on Thursday to form a new government, but faces a politically difficult path to agree a new cabinet as the country's devastating financial crisis festers.

Reuters

Get all your
news in one place.

100’s of premium titles.
One news app.

Asharq Al-Awsat

IMF: Overall Saudi GDP Projected to Grow 7.6%

The International Monetary Fund (IMF) has highlighted solid indicators for the Saudi economy, expecting a 7.6 percent overall GDP growth in 2022. Non-oil growth will increase to 4.2 percent in 2022, with the current account surplus will increase to 17.4 percent of GDP in 2022, said the Fund experts. An…

Asharq Al-Awsat

IMF Says Ready to Begin Aid Talks with Tunisia

The International Monetary Fund is set to begin formal talks on a new financial aid package for Tunisia, to help the North African nation deal with the dire economic situation, an IMF official said Wednesday. The country has been in preliminary discussions with the global lender for a new loan…

Reuters

Exclusive-Lebanon's Bank Audi, others, disavow banking group's objection to IMF plan

Lebanon's Bank Audi and Al-Mawarid Bank said on Wednesday they disagreed with a letter sent on behalf of the country's banking association that branded a staff-level agreement (SLA) with the International Monetary Fund "unlawful".

Asharq Al-Awsat

Lebanon Banks Association Says It Doesn’t Oppose IMF Deal

The Lebanese banks association ABL said on Wednesday it does not oppose an April draft deal between the government and the IMF, and sees an agreement with the fund as one of the main ways to exit Lebanon's financial crisis. At the same time, the ABL said that financial sector…

Get all your
news in one place.

100’s of premium titles.
One news app.

Tribune News Service

Sri Lanka’s economy has ‘collapsed,’ prime minister says

Sri Lanka’s economy has “completely collapsed” and an agreement with the International Monetary Fund is the only path to revival, Prime Minister Ranil Wickremesinghe told the parliament on Wednesday.

Asharq Al-Awsat

Tunisia Urges IMF to Consider Social Impact of Reforms

Tunisian President Kais Saied on Tuesday urged the International Monetary Fund to take into account the social impact of any economic reforms it may demand as part of a bailout package. The North African country has been in preliminary discussions with the global lender for a new loan to save…

Reuters

Pakistan, IMF say bailout talks make progress

Key progress has been made in talks on the revival of Pakistan's International Monetary Fund bailout programme, both sides said on Wednesday, with Islamabad expecting the lender to increase the size and duration of the 39-month, $6 billion facility.

France 24

As global food crisis looms, Sri Lanka offers a cautionary tale

Sri Lanka’s government finally began bailout talks with IMF officials this week after a crippling delay exacerbated a longstanding economic crisis. But as food prices soar amid an impending global food shortage sparked by the Ukraine conflict, Sri Lankans are paying a heavy price for the government’s mismanagement, nepotism and…

AFP

Bankrupt Sri Lanka opens IMF talks, begins shutdown

Colombo (AFP) - Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout.

Reuters

IMF holds talks in Sri Lanka as cabinet moves to cut president's powers

An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, as the country's cabinet cleared a constitutional amendment to dilute presidential powers that could assuage protesters amid rising tensions.

Reuters

Tunisian party says will not recognise any deal with international lenders

One of Tunisia's main political parties, the Constitutional Free Party, said on Sunday it would not recognise any agreement that Tunis makes with international lenders in exchange for unpopular reforms, the latest threat to a possible deal with the International Monetary Fund.

1 … 64 65 66 67

People

Christian Schmollinger

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.