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The Latest Breaking News from the International Monetary Fund

Death toll from Venezuela's twin earthquakes rises above 5,000 as IMF announces emergency funds

Venezuela's death toll from twin earthquakes now exceeds five thousand. The International Monetary Fund has provided emergency financial support for recovery. These funds will aid affected communities and rebuild essential public services. Thousands of people were injured, rescued, and left homeless by the disaster. Relief operations continue with international rescuers…

The Economic Times

Deaths from Venezuela earthquakes rise above 5,000

Venezuela has been able to unlock €302 million of funding from the International Monetary Fund to support recovery and reconstruction following the devastating earthquakes that hit the northern coastal region last month.

Euronews

Saudi Arabia rolls over $3 billion loan to Pakistan: Report

Saudi Arabia has rolled over its USD 3 billion debt to Pakistan. Pakistan's finance minister confirmed the debt rollover was completed. The country's foreign exchange reserves currently stand at USD 18.5 billion.

The Economic Times

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IMF urges Andy Burnham to avoid public spending hikes

The International Monetary Fund published a new report on the UK as Mr Burnham prepares to take the reins as the country’s new prime minister.

Evening Standard

Fed officials divided on US inflation views; US home prices hit all-time high

The International Monetary Fund predicts a modest global economic growth of three percent for this year. In the United States, home prices have soared to unprecedented levels, creating challenges for prospective buyers. The Federal Reserve is experiencing internal disagreements about future interest rate policies and inflation management. Moreover, a decline…

The Economic Times

IMF growth downgrade, Fed split and oil fears dominate week in global economy

The International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-time high, impacting affordability for buyers. Federal Reserve officials are divided on future inflation trends and interest rate adjustments. Global oil demand is expected to decline for the first…

The Economic Times

IMF raises Thai GDP growth forecast

The International Monetary Fund (IMF) has upgraded Thailand's GDP growth forecast to 1.9% from 1.5%, supported by the government's stimulus measures.

Bangkok Post

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IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI

The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war

The Independent UK

IMF lowers 2026 global growth outlook to 3%, projects 3.4% growth in 2027

The International Monetary Fund has adjusted its global growth prediction for 2026, reflecting the adverse effects of warfare and rapid technological changes. Inflation is anticipated to rise before stabilizing later in the year. Furthermore, trade volumes are forecasted to experience a notable decline in growth, with a rebound expected afterward.…

The Economic Times

How South Koreans donated 227 tonnes of gold to rescue their economy after the 1997 IMF bailout

When South Korea was plunged into one of the worst financial crises in its modern history, the government turned to the International Monetary Fund (IMF) for what was then the largest bailout package ever approved. Yet one of the country's most remarkable responses did not come from financial markets or…

The Times of India

Bolivia crisis explained: State of emergency declared after 50 days of protests

Bolivia's President Rodrigo Paz has declared a state of emergency after nearly 50 days of crippling protests over economic hardship. The move allows the military to clear widespread road blockades that have led to severe shortages of essential goods. Demonstrations, fueled by anger over rising costs and subsidy cuts, are…

The Times of India

IMF cuts eurozone growth forecasts again on energy inflation risks

The International Monetary Fund has issued a stark warning. The ongoing Middle East conflict is impacting eurozone growth more than previously anticipated. Energy price surges are expected to slow economic expansion. Inflation is also projected to climb higher. Consumer confidence may weaken, leading to reduced spending.

The Economic Times

RBI to hold rate on Friday, future hike will depend on inflation data: Gita Gopinath

The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taking any future policy action, according to Gita Gopinath, former First Deputy Managing Director of the International Monetary Fund (IMF).

The Economic Times

EU Commission set to slam Italy's fuel duty cuts as energy prices spike

The EU Commission is set to criticise the Italian government's reduction in excise duties on fuels in a report to be published on Wednesday. Rome has been asking for more fiscal flexibility to address the energy crisis, which Brussels deems should be directed at vulnerable families and industries.

Euronews

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The Economic Times

European Union's public debt to be on unsustainable path without action, IMF says

European Union nations face significant financial challenges in defence, energy, and pensions over the next 15 years. The International Monetary Fund warns that without action, public debt will become unsustainable. Reforms, consolidation, and potentially joint borrowing are suggested to manage these rising costs and ensure a stable financial future for…

Evening Standard

Iran war hit to UK growth less than feared but inflation still to rise – IMF

The International Monetary Fund (IMF) updated its growth projections a month after warning of a sharp slowdown caused by the global energy shock.

The Economic Times

Pakistan receives USD 1.3 bn loan from IMF: Central bank

Pakistan has recieved USD 1.3 billion from the International Monetary Fund. This funding comes from two separate programs, the Extended Fund Facility and the Resilience and Sustainability Facility. The money will help stabilize Pakistan's economy and address climate-related challenges.

Evening Standard

UK inflation set to rise after Middle East conflict pushed up fuel prices

Consumer Price Index (CPI) inflation is expected to have risen to 3.3% in March, according to a consensus of experts.

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The Economic Times

Charting the Global Economy: IMF trims world growth projections

The International Monetary Fund has lowered its global growth forecast for 2026. This adjustment comes as the war in the Middle East has caused a significant oil price shock. The IMF also anticipates higher inflation due to rising energy and food costs.

International Business Times

IMF, World Bank Resume Contact With Venezuela In Further Recognition Of Interim Government

The International Monetary Fund (IMF) and the World Bank announced they resumed engagement with Venezuela, a development that could pave the way for the country to receive international funding the first time in several years.

The Conversation

The IMF enjoys preferred creditor status: why it shouldn’t be the judge when it comes to other lenders

The International Monetary Fund (IMF) should not be an arbiter of discussions about which other multilateral financial institutions should qualify for preferred creditor status. This is because the IMF is a direct beneficiary of the creditor hierarchy policy.

The Guardian - UK

IMF calls for countries to economise on energy supplies, and hails UK’s budget deficit improvement – as it happened

Rolling coverage of the latest economic and financial news, as IMF managing director Kristalina Georgieva gives a press conference in Washington DC

Evening Standard

Middle East conflict sparked major supply shock, says Bank of England boss

Andrew Bailey made his comments as the UK was given a gloomy economic outlook by the International Monetary Fund.

AAP

'Pretty severe': warnings for Australia ahead of budget

One of the world's leading economic bodies has warned a global recession could be on the way if the Middle East conflict is not resolved quickly.

International Business Times

IMF Slashes Global Forecast Growth As a Result If Iran War But Sees Short-Lived Conflict

The International Monetary Fund (IMF) slashed its global forecast war as a result of the war in Iran and presented different scenarios based on the duration of the conflict.

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