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The Latest Breaking News from International Monetary Fund

Malawi's Debt Crisis Deepens As Aid Cuts Hurt

Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink.

International Business Times

Argentine Peso Depreciates After Exchange Controls Lifted

Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the partial lifting of exchange controls in place for six years.

International Business Times

Argentina Receives $42 Bn From International Financial Institutions

Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on Friday, as its president said his country's economy will grow "like never before."

International Business Times

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Argentina says it will lift the country's strict currency controls with the help from the IMF

Argentine President Javier Milei’s economy minister says the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund

The Independent UK

Zimbabwe starts compensating white farmers 25 years after land seizures

Step is requirement for restructuring country’s debt, including new IMF programme

The Guardian - UK

Argentina Braves 24-hour Strike As It Awaits Word On IMF Loan

Trains and planes were grounded in Argentina Thursday as a 24-hour general strike against President Javier Milei's austerity measures paralyzed some services, even as the country awaits news on a fresh IMF loan.

International Business Times

Starmer urged to accelerate global trade deals after Trump tariff chaos

Exclusive: The UK is warned it cannot isolate itself from the effects of a trade war between the US and China after Donald Trump’s U-turn on tariffs

The Independent UK

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Argentina Braces For 24-hour Strike As It Awaits News On IMF Loan

A peaceful demonstration in the capital Buenos Aires preceded Thursday's walkout -- the third general strike in budget-slashing Milei's 16-month-old presidency, and called by unions to protest his brand of "chainsaw" austerity.

Latin Times

Gordon Brown calls for an ‘economic coalition of the willing’ to counter Trump tariffs

The former prime minister urged Britain to go further in removing post-Brexit trade barriers with the EU

The Independent UK

Argentina Strikes $20 Billion Deal With IMF To Fuel Milei's Reforms

The IMF says the deal builds on "impressive early progress in stabilizing the economy."

Reason

Argentina Braces For 24-hour Strike As It Awaits News On IMF Loan

Argentina is bracing for fresh austerity protests Wednesday, with a 24-hour general strike slated to start at midnight against President Javier Milei, who remains focused on Washington and a new IMF loan.

International Business Times

IMF reaches a deal with troubled Argentina on bailout worth €18bn

The bailout provides a welcome reprieve to President Javier Milei as he seeks to overturn the country's old economic order.

Euronews

The International Monetary Fund reaches preliminary deal with Argentina on $20 billion bailout

The International Monetary Fund says it's reached a preliminary, staff-level agreement with cash-strapped Argentina on a $20 billion bailout package, providing a welcome reprieve to libertarian President Javier Milei as he seeks to overturn the country’s old economic order

The Independent UK

Trump’s tariffs may be perilous for small, heavily indebted countries in global south

Garment workers in countries such as Cambodia among those who fear they will lose pay cheques if companies move production elsewhere

The Guardian - UK

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International Business Times

Trump's Tariff Big Bang Puts Global Economy Under Threat

It took just one 50-minute speech by US President Donald Trump to undermine global economic stability and raise the prospect of a recession, with China's countermeasures only amplifying the risk of a debilitating tit-for-tat trade war.

The Guardian - UK

China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-off

Radio France Internationale

French industry leaders back Macron’s call to freeze US investments

As transatlantic trade tensions flare over new US tariffs, French President Emmanuel Macron has urged companies to freeze US investments in order to protect France’s economic interests and rally European unity.

The Guardian - UK

IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets plunge

Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade war

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The Guardian - UK

US markets see second day of selloffs as Trump’s tariffs continue to cause global turmoil – as it happened

US indexes suffer amid escalating global trade war as Beijing hits back with new tariffs on US goods

Reason

Javier Milei's Free Market Reforms Are Starting To Pay Off

As poverty and inflation plunge, Milei's reforms begin to reshape Argentina's economy.

The Conversation

Ghana’s e-levy: 3 lessons from the abolished mobile money tax

The first budget speech of Ghana’s new government on 11 March painted a picture of an economy in crisis, facing high debt and fiscal mismanagement. The finance minister, Cassiel Ato Forson, acknowledged that key International Monetary Fund performance targets would be missed and announced drastic spending cuts.

Al Jazeera

Is Lebanon’s new central bank governor ‘another Riad Salameh’?

Lebanon has a new central bank governor. But critics say he’s too close to traditional powers who created the crisis.

Radio France Internationale

Macron hosts Lebanon's president, reiterating French support for 'sovereignty'

French President Emmanuel Macron will host his Lebanese counterpart, Joseph Aoun, in Paris on Friday, a visit he says signals France's full commitment to Lebanon's "recovery" and "sovereignty". The country's new government is facing a crippling economic crisis, as well as the need to rebuild after the recent Israeli-Hezbollah war.

International Business Times

Argentina Seeking $20 Billion IMF Loan

Argentina has sought a $20 billion loan from the International Monetary Fund, the country's economy minister said Thursday, as the government struggles to hold on to foreign reserves while propping up an ailing currency.

Radio France Internationale

IMF chief outlines plan to resume grants to Senegal

A top boss at the International Monetary Fund (IMF) says his organisation hopes to finalise a new aid programme for Senegal as soon as possible after suspending its $1.8 billion credit line in October following revelations of distorted figures and fiscal mismanagement.

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