The Latest Breaking News from Gerry Rice

IMF, Egypt Agree to Finalize Work to Reach Staff-level Agreement ‘Very Soon'

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…

Asharq Al-Awsat · Oct 16, 2022

IMF confirms plan to expand emergency aid to help countries deal with food shocks

The International Monetary Fund (IMF) on Tuesday confirmed that it is moving toward expanding emergency financing for countries hit by surging food prices and shortages triggered by the war in Ukraine, with some 20 to 30 countries seen most in need.

Reuters · Sep 13, 2022

IMF welcomes India's decision to relax ban on wheat exports

However, it is concerned over curtaiing exports of commodity goods, including food and fuel by 30 other nations.

The Hindu · Jun 10, 2022