The Latest Breaking News from International Monetary Fund

The International Monetary Fund has downgraded its UK growth forecast for 2022 to 4.7%, from the 5% predicted in October.

NEW DELHI: The International Monetary Fund (IMF) on Tuesday slashed India's economic growth forecast for financial year 2021-22 to 9 per cent on concerns over impact of new Covid variant.

The Lebanese cabinet met on Monday for the first time since October, convening after Iranian-backed Hezbollah ended a boycott but with the powerful group and others objecting to a draft budget that was the main agenda item.

Lebanon’s government is holding its first meeting in three months to discuss the budget as talks with the International Monetary Fund over the country’s economic meltdown were poised to continue

Our global finance system is failing to rise to the challenges we face. It’s time it was reimagined – and grounded in our shared humanity

Lebanese officials will start talks with the International Monetary Fund on Monday, an official government source told Reuters. An IMF spokesperson also told Reuters on Saturday that a team will start virtual talks with Lebanese authorities next week. The Lebanese government has said it hopes to reach an initial agreement…

Saudi Minister of Finance Mohammed Al-Jadaan has said that governments should study long-term solutions, such as allocating budgets for risk and crisis management worldwide. In the “Building Future Preparedness” panel, during the World Economic Forum, Al-Jadaan added that the G20 represents 80% of the world.

Hardline approach to pandemic risks damaging global economy, says Kristalina Georgieva

Bulk of state funding will come from regressive policies, according to a 2022 draft budget shared with Al Jazeera.