The Latest Breaking News from International Monetary Fund

In Pakistan, old hopefuls jostle to turn around struggling economy

New gov’t will have to deal with soaring inflation, increasing poverty, low forex reserves and weakening infrastructure.

Al Jazeera · Feb 6, 2024

Zambia in Discussions with IMF over Debt Restructuring

Zambia's stance on debt restructuring remains uncertain as it rejects setting a timeline, while the IMF looks for a compromise to address the country's fin...

Top News · Feb 5, 2024

Milei's Sweeping Reform Package Triumphs in the Legislature's Lower House

In exchange, the libertarian president had to scale back some of his free-market ambitions.

Reason · Feb 5, 2024

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 · Feb 2, 2024

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 · Feb 2, 2024

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 · Feb 1, 2024

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...

Top News · Feb 1, 2024

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 · Feb 1, 2024

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 · Feb 1, 2024

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 · Feb 1, 2024