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The Latest Breaking News from International Monetary Fund

Economists Pilloried For Getting Forecasts Wrong

Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.

International Business Times

Egypt and IMF Reach Agreement on Economic Reform Program

The IMF and Egypt have reached an agreement on the main policy elements of an economic reform programme, signaling positive steps towards stabilizing the c...

Top News

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's Property Sector Meltdown Continues, IMF Forecasts Slower Growth

Despite measures to boost the property sector in China, markets plunged as the IMF predicts further economic slowdown in the coming years.

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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

Success of India grounded in pursuit of reforms over last years: IMF MD

The IMF Managing Director praises India's economic success, projecting 6.5% growth in 2024, emphasizing reforms, digital advancements, and female participation.

The Hindu

IMF Says Central Banks Should Not Rush Into Rate Cuts

The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late, Managing Director Kristalina Georgieva said Thursday.

International Business Times

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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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Tunisia’s Saied wants to make the central bank fill the budget deficit

By borrowing billions from the central bank to shore up budget, the president could well worsen Tunisia’s economic woes.

Al Jazeera

Jeremy Hunt plays down talk of spring budget tax cut after IMF warning

Chancellor says less room now for spring giveaway despite being widely thought to be gearing up for cuts

The Guardian - UK

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

The Guardian view on Rishi Sunak’s tax plans: stop trying to buy votes

Editorial: The IMF is right: Downing Street is taking a foolish risk by putting tax cuts before public spending

The Guardian - UK

IMF Raises India's Growth Forecast to 6.5% for Next Year

The IMF has raised India's growth forecast to 6.5% for the next financial year, reflecting a positive outlook for the country's economic recovery.

Top News

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...

Latin Times

IMF Expects U.S. and Latin America's GDP to Grow 2.5% This Year, Decelerate in 2024

In its new World Economic Outlook, the organization said that the global economy is approaching a soft landing, but risks remain

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IMF Upgrades Global Economic Outlook, Expects Soft Landing

The International Monetary Fund forecasts resilient global economic growth led by the US and lower inflation rates, raising hopes for a soft landing.

International Business Times

IMF Lifts Global Growth Forecast Citing Unexpected 'Resilience'

The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 percent, citing unexpected resilience in major advanced and emerging market economies around the world, including the United States and China.

Evening Standard

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

The Guardian - UK

IMF warns Jeremy Hunt against tax cuts in budget

Lower tax levels may not be possible without extra borrowing or post-election spending reductions, says Washington-based body

The Guardian - UK

IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened

Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023

International Business Times

Africa In Debt Spiral As Restructuring Efforts Drag On

While the explosion of debt is throwing a shadow over global economic growth, experts warn that sub-Saharan Africa, where several countries are already in default, is experiencing its worst-ever crisis.

International Business Times UK

Go In To The Office Or AI Will Replace You, Says PwC's UK Boss

Kevin Ellis said as AI is poised to take on routine tasks traditionally given to younger workers, junior staff should seek promotions by regularly working in the office.

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