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The Latest Breaking News from the International Monetary Fund

Thousands Protest As Hunger Grows Amid Argentine Austerity

Thousands protested across Argentina on Friday to demand food aid for the poor as soaring inflation and President Javier Milei's harsh austerity measures take their toll.

International Business Times

IMF Urges Zimbabwe to Fast-track Currency Reforms

The International Monetary Fund (IMF) advises Zimbabwe to accelerate currency reforms in order to address economic challenges and promote stability.

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IMF Forecasts China's GDP Growth to Slow to 4.6% by 2024

The International Monetary Fund (IMF) projects China's GDP to slow to 4.6% in 2024 and potentially decline further in the medium term. Find out more.

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China Economic Slowdown To Persist Through 2028: IMF

China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.

International Business Times

IMF Supports Milei's Reforms but Cautions on Risks for Argentina

The International Monetary Fund (IMF) supports economist Javier Milei's proposed reforms for Argentina's economy, but warns of potential risks to the count...

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IMF Authorizes $4.7 Bn For Argentina After Milei's 'Bold' Reforms

The International Monetary Fund on Wednesday approved a fresh $4.7 billion for Argentina, praising the new administration of President Javier Milei as he enacts "bold" cost-cutting to bring the country's ailing economy back on track.

International Business Times

IMF Warns of China Risk, Revises Up Asia's Growth Forecast

The International Monetary Fund (IMF) has revised up its growth forecast for Asia, but also warns of potential risks stemming from China's economic situation.

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IMF Lowers UK's 2025 Growth Outlook Amid Strong Past Performance

The International Monetary Fund (IMF) has lowered its growth forecast for the UK economy in 2025, citing stronger performance in the past as a reason for t...

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IMF Lowers Argentina's GDP Forecast, Impacts Regional Outlook

The International Monetary Fund (IMF) has lowered its GDP growth forecast for Argentina, impacting the overall economic outlook for Latin America.

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IMF affirms Japan's commitment to flexible exchange rate policy

The International Monetary Fund (IMF) recognizes Japan's dedication to maintaining a flexible exchange rate, a key component in the country's economic stra...

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IMF cautions against UK cutting taxes in upcoming Budget

The country needs the money to invest in public services and get the national debt under control, the International Monetary Fund said

Evening Standard

Economy strong but slowdown on horizon, IMF warns

In its latest assessment of the Australian economy, the International Monetary Fund says growth is set to slow, despite more resilience than other nations.

AAP

IMF Grants Kenya New $941 Million Loan

The International Monetary Fund said it has granted Kenya a new loan of more than $941 million to help buttress the finances of the cash-strapped East African nation.

International Business Times

Artificial intelligence will affect 40% of jobs globally, warns IMF

The International Monetary Fund said nations need to be prepared to harness AI but also lessen its impact on inequality.

Evening Standard

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IMF Approves 0 Million Loan for Pakistan Bailout

The International Monetary Fund (IMF) has approved a loan of 0 million as part of a bailout package for Pakistan, providing crucial financial support fo...

StockNews.com

3 China Stocks With 2024 Gain Potential

Given China's crucial role in driving global economic growth in 2024 and optimistic projections from the IMF and various institutions, fundamentally sound Chinese stocks Autohome (ATHM), Tuniu (TOUR), and Vipshop Holdings (VIPS) might be ideal buys for gains this year. Keep reading.

The Conversation

Will the world see more wars or unrest in 2024? Here are 5 hotspots to watch

Sadly, 2023 has been a violent one on the global stage. War broke out between Israel and Hamas in Gaza, leading to the deaths of thousands of Palestinians and hundreds of Israelis, including many children on both sides. And the bitter war between Russia and Ukraine continued with no end…

International Business Times

IMF Resumes Sri Lanka Bailout After China's Debt Deal

The International Monetary Fund announced on Tuesday it is reviving its $2.9 billion bailout for Sri Lanka after the South Asian nation clinched a debt restructure deal with its largest single lender China.

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The National (Scotland)

UK forecast for second-worst economic growth in the G7

The UK economy is set for the second-slowest growth of the world’s G7 advanced economies, according to new forecasts.

WEKU

Climate funding is in short supply. So some want to rework the financial system

Efforts to boost climate financing have moved beyond national pledges. Now the focus is on overhauling organizations like the World Bank and providing countries debt relief.

The Conversation

How governments use IMF bailouts to hurt political opponents – new research

Sri Lanka received a bailout from the International Monetary Fund (IMF) in March amid soaring inflation, debt and a sovereign default.

The Independent UK

International Monetary Fund warns Europe against prematurely declaring victory over inflation

The International Monetary Fund says the European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they’re sure inflation is under control despite sluggish growth

The Conversation

Politics with Michelle Grattan: Economist Chris Richardson on a likely interest rate rise and the fall in living standards

The International Monetary Fund (IMF) released a report this week calling on Australia to raise interest rates again, adding to the speculation the Reserve Bank will increase the cash rate on Tuesday.

The Conversation

The World Bank and the IMF need to keep reforming to become fit for purpose

The World Bank and the International Monetary Fund are being challenged to make substantial reforms so that they become fit for purpose in the 21st century.

The Independent UK

IMF sees economic growth in the Mideast improving next year. But the Israel-Hamas war poses risks

The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade

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