The Latest Breaking News from International Monetary Fund

BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffs

BRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased local currency use in trade and investment activities. The bloc criticized unilateral tariffs and trade measures, supporting a rules-based multilateral trading system. Work continues on cross-border payment systems and strengthening the New Development…

The Economic Times · Sep 11

BRICS finance ministers discuss possibility of efficient cross-border payment mechanisms

BRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of local currencies for trade and investment. The talks come ahead of the New Delhi summit as the grouping also pushes for greater representation of developing economies at the IMF and World…

The Economic Times · Sep 11

India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical framework

Acknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic stability during a tumultuous global landscape. The real GDP growth for the April-June quarter notably exceeded initial expectations. While the IMF appreciates advancements in statistical frameworks, it calls for persistent improvements in data…

The Economic Times · Sep 11

Bolivia's $1.9 Billion IMF Deal Reaches Congress — But Santa Cruz Just Set a Deadline That Could Blow It Up

Bolivia's $1.9B IMF deal is now before Congress, but a Sept. 9 Santa Cruz assembly and a currency float are reshaping the diesel-price fight.

Latin Times · Sep 7

Nirmala Sitharaman and IMF Deputy MD Nigel Clarke discuss India's economic outlook and global growth

Finance Minister Nirmala Sitharaman met with IMF Deputy Managing Director Nigel Clarke on Monday. They reviewed India-IMF relations and acknowledged India's role in SARTTAC. Discussions covered India's growth trajectory and global economic changes. The IMF official highlighted India's economic performance and resilience amid global challenges. Clarke also praised government efforts…

The Economic Times · Sep 7

Senegal and IMF strike $2.2bn deal, two years after debt scandal froze funding

Senegal and the International Monetary Fund have reached a staff-level agreement on a new $2.2 billion (€1.9 billion) lending programme, nearly two years after an earlier deal was suspended following the discovery of previously unreported public debt.

Radio France Internationale · Sep 2

Nirmala Sitharaman pushes trade, investment ties in G20 meetings with key partners

Union Finance Minister Nirmala Sitharaman met global leaders during the G20 meeting. She discussed trade and investment cooperation with World Bank President Ajay Banga. Sitharaman also spoke with IMF Managing Director Kristalina Georgieva about economic outlook. Discussions with Poland and Qatar covered expanding bilateral partnerships and trade. Engagements aimed to…

The Economic Times · Sep 2

Nirmala Sitharaman, IMF chief discuss India’s growth trajectory, global economic outlook

Finance Minister Nirmala Sitharaman met IMF Managing Director Kristalina Georgieva in Asheville. Georgieva acknowledged India's strong economic performance and evolving growth trajectory. Sitharaman also met World Bank President Ajay Banga and EU Commissioner Valdis Dombrovskis. Discussions focused on deepening economic partnerships and investments. Both leaders emphasized continued engagement for global…

The Economic Times · Sep 2

Bukele Vows $3B a Year for Education. His Own Budget Says Otherwise — For Now

Bukele pledged 50,000 scholarships and $3B a year for education. Here's how that lines up against El Salvador's debt, growth and remittances.

Latin Times · Sep 1

U.S. Calls Bukele a "Valued Partner," Plans Trade Summit as Rights Groups Tally 91,000 Arrests

U.S. calls Bukele a "valued partner" and plans a trade summit, even as rights groups document over 91,000 arrests under his state of exception.

Latin Times · Sep 1