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The Latest Breaking News from International Monetary Fund

Brazil G20 Momentum: Tax Proposal For Super-Rich

Brazil's proposal to tax the super-rich gains global support to reduce inequality and fund social programs.

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IMF Urges Fiscal Restraint Amid Record Number Of Elections

IMF calls for fiscal restraint during record elections to ensure economic stability and growth.

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IDB To Collaborate With Multilateral Banks On Joint Goals Statement

IDB collaborates with IMF and World Bank to align goals for global economic impact and sustainable development.

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Yellen Criticizes GOP Delay In Ukraine Aid Approval

U.S. Treasury Secretary criticizes delays in Ukraine aid approval, stressing urgency amid tensions.

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IMF, World Bank Report Progress In Debt Restructuring Cases

IMF and World Bank make significant progress in debt restructuring cases, aiding countries in financial stability and sustainable growth amidst the pandemic.

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IMF Supports Sri Lanka's Debt Discussions With Bondholders

IMF offers support to Sri Lanka in debt discussions amid economic challenges. Find out how international collaboration can help stabilize Sri Lanka's finan...

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UN Says Solutions Exist To Rapidly Ease Debt Burden Of Poor Nations

The heavy debt weighing on developing countries can be alleviated through readily available measures, the UN's trade and development chief said, pleading for bold international action.

International Business Times

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At IMF, Brazil And France Renew Push For 'Fairer' International Taxation

The international community must do more to make the world's richest companies and individuals pay their "fair" share of taxes, Brazil and France's finance ministers said Wednesday.

International Business Times

Australia rises to second in world budget management rankings, IMF data shows

Treasurer and finance minister hail ‘remarkable achievement’ as monitor finds balance to be behind only Canada among G20 countries

The Guardian - AU

Climate finance and debt relief loom large at World Bank, IMF meetings

The urgent issues of climate financing and global inequality will underpin this week’s spring meetings of the World Bank and the International Monetary Fund – coming amid growing calls for a shake-up of those institutions to avoid a climate-driven “economic catastrophe”.

Radio France Internationale

IMF Says Global Debt Levels Face 'Great Election Year' Risk

The path towards sustainable government debt levels around the world is under threat this year from the sheer number of elections taking place, the IMF said Wednesday in a new report.

International Business Times

Beware risks of voter giveaways to public finances, countries facing elections told

IMF says reduction in national insurance may have made cutting UK national debt more difficult

The Guardian - UK

Billions more in overseas aid needed to avert climate disaster, say economists

Pressure piles on World Bank and IMF to steer countries to low-carbon transition at spring summit

The Guardian - UK

UK interest rate cut hopes fade after inflation falls by less than expected – as it happened

City investors trim their forecasts for rate cuts this year, after inflation falls by less than expected to 3.2%

The Guardian - UK

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Yellen: US Addressing Global Economic Risks, Says IMF-World Bank

Janet Yellen emphasizes global economic collaboration to address risks and promote stability amidst COVID-19 challenges.

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IMF Projects Slow Global Growth In 2024, Warns Of Risks

IMF's 2024 global economic outlook: slow growth with risks from trade disputes and geopolitical instability.

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Yellen Urges Mitigation Of China's Clean Energy Overproduction

IMF, World Bank, and Treasury Secretary Yellen raise concerns over China's overproduction of clean energy goods, urging for measures to address market dist...

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IMF Forecasts India's GDP To Grow 6.8% In 2024-25

IMF raises India's GDP forecast to 6.8% for 2024-25, signaling economic resilience and global potential.

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Global Economy Expected To Experience Soft Landing In 2024

IMF forecasts 'soft landing' for global economy with modest growth and controlled inflation. Challenges like inflation and geopolitical tensions persist.

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Yellen Emphasizes Unlocking Russian Assets To Aid Ukraine

Treasury Secretary Yellen advocates leveraging Russian assets to support Ukraine amidst ongoing conflict.

The Guardian - UK

Middle East conflict risks sharp rise in oil prices, says IMF

In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares

AAP

Budget clouded by global wars and weak economic growth

Treasurer Jim Chalmers will use talks in Washington to take the temperature of the global economy as he puts the finishing touches on his third federal budget.

International Business Times

Yellen Says US Set To Tighten Sanctions On Iran Soon

US Treasury Secretary Janet Yellen warned Tuesday of further sanctions targeting Iran following its unprecedented attack on Israel over the weekend, saying she expects Washington will take added action "in the coming days."

International Business Times

Behind The Growth, Ivory Coast's Debt Fuels Debate

Abidjan's soaring Alassane Ouattara bridge lit up at night in the colours of the national flag is Ivory Coast's jewel in the crown after years of investment.

International Business Times

IMF Ups Global Growth Forecast But Signals Medium-term Pessimism

The IMF has raised its outlook for the global economy this year, while maintaining a gloomy forecast over the medium term, according to fresh data published Tuesday.

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