The Latest Breaking News from International Monetary Fund

IMF chief says India 'a bright spot' in global economy

NEW DELHI: International Monetary Fund's (IMF) managing director Kristalina Georgieva on Thursday said that despite global uncertainty and headwinds, India continues to be a bright spot in the global economy.

The Times of India · Sep 7, 2022

Ukraine thanks EU for 5 billion euros aid, calls for full IMF program

Ukraine's President Volodymyr Zelenskiy on Wednesday thanked the European Union for confirming 5 billion euros ($4.97 billion) in macro-financial aid but said the country needed a "full-fledged" program of financing from the International Monetary Fund.

Reuters · Sep 7, 2022

United States backs Sri Lanka's debt restructuring effort

The United States will support the restructuring of Sri Lanka's debt and extend financing assurances to the crisis-hit island nation, the U.S. Treasury Secretary Janet Yellen said in a letter seen by Reuters.

Reuters · Sep 7, 2022

Ousted Sri Lanka leader faces arrest calls

COLOMBO: Deposed Sri Lankan president Gotabaya Rajapaksa faced calls for his arrest Saturday after returning home from self-imposed exile under the protection of his successor's government.

Bangkok Post · Sep 3, 2022

India overtakes U.K. to become fifth largest economy in the world

With India being the world's fastest growing major economy, its lead over the U.K. will widen in the next few years

The Hindu · Sep 3, 2022

India pips UK to become world's 5th biggest economy

NEW DELHI: India has pipped Britain to become the world’s fifth largest economy. The United Kingdom (UK) slipped to 6th place delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock.

The Times of India · Sep 2, 2022

UK ‘worst hit’ in Western Europe by energy crisis, says IMF

The UK also has the biggest projected gap between those most and least affected

Evening Standard · Sep 1, 2022

Johnson takes swipe at Truss over fracking as he confirms £700m backing for nuclear plant

Controversial technology ‘not a panacea’, PM warns his successor

The Independent UK · Sep 1, 2022

IMF approves $2.9bn bailout for Sri Lanka

Bankrupt Sri Lanka will receive a conditional $2.9-billion bailout to repair its battered finances, the International Monetary Fund said on Thursday, raising hopes that a bruising economic crisis might start to ease.

Bangkok Post · Sep 1, 2022

IMF set to provide $2.9 billion to help crisis-hit Sri Lanka

The International Monetary Fund will provide Sri Lanka $2.9 billion over four years to help salvage the country from its worst economic crisis under a preliminary agreement the agency announced

WEKU · Sep 1, 2022