Kwasi Kwarteng: how ex-chancellor’s fate was sealed by IMF orthodoxy he fought against Former occupant of No 11 Downing Street finally sacked after financial institution chief’s remarks in Washington The Guardian - UK · Oct 15, 2022
IMF chief Georgieva says 'big policy issues' resolved in talks with Egypt International Monetary Fund officials have resolved all "big policy issues" with Egyptian authorities in their discussions on a new lending program, and will meet again on Saturday, IMF Managing Director Kristalina Georgieva said Friday. Reuters · Oct 15, 2022
IMF Sees Middle East Growth at 5% The Middle East is projected to grow at five percent this year, up from 4.1 percent in 2021. Asharq Al-Awsat · Oct 14, 2022
IMF chief rebukes UK officials over ‘policy coherence’ Kristalina Georgieva told UK’s finance minister and central bank chief that their policies should not be contradictory. Al Jazeera · Oct 13, 2022
Kwasi Kwarteng says he's not resigning as Chancellor despite 'inevitable' U-turn reports KWASI Kwarteng appeared not to rule out a U-turn on corporation tax amid growing pressure to abandon more elements of the mini-budget that have… The National (Scotland) · Oct 13, 2022
‘Desperate’ Liz Truss set to U-turn on corporation tax this weekend ‘Don’t prolong the pain’: IMF suggests government should accept swift climbdown The Independent UK · Oct 13, 2022
Don’t wait for ‘inevitable’ U-turn on mini-Budget, George Osborne tells Liz Truss Chances needed now, suggests former chancellor – as Priti Patel says ‘market forces’ could force reversal The Independent UK · Oct 13, 2022
India will leave a mark on the world for years to come, says IMF MD WASHINGTON: Amid rising geopolitical pressures and uncertainty surrounding the world, the International Monetary Fund's (IMF) managing director Kristalina Georgieva on Thursday said that the Indian economy will make a mark on the world for years to come. The Times of India · Oct 13, 2022
Pressure on Truss and Kwarteng to announce more U-turns as IMF hints at need for 'recalibration of policies' IMF leaders also had a 'constructive' meeting with Kwarteng Wales Online · Oct 13, 2022
Chancellor Kwasi Kwarteng refuses to rule out corporation tax U-turn amid mini-budget mayhem Kwasi Kwarteng refused on Thursday to rule out another humiliating U-turn - this time on corporation tax - and stressed he was not about to quit as Chancellor. Evening Standard · Oct 13, 2022
Expectations of imminent Truss U-turn on corporation tax Rebuke for Kwasi Kwarteng’s budget from IMF boss in New York The Independent UK · Oct 13, 2022
War-torn Ukraine needs at least $3 billion a month in 2023, IMF says Ukraine will need at least $3 billion a month next year to finance its wartime economy, which means allies will have to step up with more support, the head of the International Monetary Fund said. Tribune News Service · Oct 12, 2022
Ukraine's Zelenskiy appeals for $55 billion to cover budget gap and reconstruction Ukrainian President Volodymyr Zelenskiy on Wednesday appealed to international donors to increase their financial support, saying more money was needed to rebuild schools and homes destroyed by months of Russian bombardment. Reuters · Oct 12, 2022
IMF Confirms Saudi Economy’s Growth Forecast in Coming Years The International Monetary Fund (IMF) confirmed its economic growth forecast for Saudi Arabia for the current year at 7.6 percent, the exact forecasts for July and April. Earlier, the Fund increased its expectations twice for the Saudi economy in 2022, making the Kingdom the only country among the G20 whose… Asharq Al-Awsat · Oct 12, 2022
Tribune News Service · Oct 10, 2022 IMF, World Bank warn of increasing risk of global recession The heads of the International Monetary Fund and World Bank warned of a rising risk of a global recession as advanced economies slow and faster inflation forces the Federal Reserve to keep raising interest rates, adding to the debt pressures on developing nations.
Asharq Al-Awsat · Oct 10, 2022 World Bank's Malpass, IMF's Georgieva See Rising Risks of Global Recession World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem after Russia's invasion of Ukraine. "There's a risk and real danger of a world recession next year," Malpass said in…
The Guardian - UK · Oct 8, 2022 Kwasi Kwarteng buckles up for an awkward first date with the IMF The chancellor is bound for Washington for talks with the organisation that blasted his mini-budget
The Independent UK · Oct 6, 2022 IMF warns of higher recession risk and darker global outlook The International Monetary Fund is once again lowering its projections for global economic growth in 2023
The Guardian - UK · Oct 6, 2022 IMF chief warns world heading towards age of greater instability Kristalina Georgieva points to ‘fundamental shift’, with fragile global ties and more frequent natural disasters
Asharq Al-Awsat · Oct 4, 2022 Saudi Arabia Signs MoU with IMF to Establish Regional Office in Riyadh Saudi Arabia concluded a memorandum of understanding with the International Monetary Fund (IMF) to establish a regional office in Riyadh, which would boost its presence in the region and provide its economic recommendations to the countries of the Gulf and the region. Saudi Minister of Finance Mohammed al-Jadaan signed the…
Asharq Al-Awsat · Oct 3, 2022 IMF: 141 Million People Across Arab World Are Exposed to Food Insecurity The International Monetary Fund said on Monday that up to 20 countries, many in Africa, could need emergency assistance to cope with the global food crisis. IMF Managing Director Kristalina Georgieva, speaking at a conference in Saudi Arabia, also said that 141 million people across the Arab world are exposed…
Reuters · Oct 3, 2022 More than 140 million in Arab world exposed to food insecurity - IMF's Georgieva The managing director of the International Monetary Fund, Kristalina Georgieva, said on Monday that 48 countries are exposed to the global food crisis, and half of them are vulnerable.
Reuters · Oct 3, 2022 Forty-one million in Arab world exposed to food insecurity - IMF's Georgieva The managing director of the International Monetary Fund, Kristalina Georgieva, said on Monday that 48 countries are exposed to the global food crisis, and half of them are vulnerable.
Asharq Al-Awsat · Oct 3, 2022 Saudi Arabia Underlines Support to IMF Efforts to Alleviate Global Food Crisis Saudi Minister of Finance Mohammed Al-Jadaan underlined his country’s support to the efforts of the International Monetary Fund (IMF) to mitigate the impact of the global food crisis. During a meeting with IMF Managing Director Kristalina Georgieva, Al-Jadaan discussed areas of bilateral cooperation, including capacity development and the establishment of…
Asharq Al-Awsat · Sep 30, 2022 IMF Says Ukraine War Prompts Worst Global Food Crisis Since at Least 2008 The Ukraine war's disruptions to grain and fertilizer flows have prompted the worst food security crisis since at least the one following the 2007-2008 global financial meltdown, with some 345 million people now facing life-threatening shortages, the International Monetary Fund said on Friday. A new IMF research paper estimates that…