The Latest Breaking News from the International Monetary Fund

EU Official Says Major Aid to Lebanon Depends on IMF Deal

A European Union official visiting Lebanon said Friday that the international body will increase its humanitarian assistance to the crisis-struck country, but that more significant long-term aid depends on reforms and a deal with the International Monetary Fund. EU Commissioner for Crisis Management Janez Lenarčič said at a press conference…

Asharq Al-Awsat · Mar 31, 2023

EU official says major aid to Lebanon depends on IMF deal

A European Union official visiting Lebanon says the international body will boost its humanitarian assistance to the crisis-stricken country, but that more significant long-term aid depends on reforms and a deal with the International Monetary Fund

The Independent UK · Mar 31, 2023

Silicon slump? How worried should we be about another financial crisis?

The collapse of Silicon Valley Bank has raised the spectre of another financial crisis. As the contagion appears to be spreading, Samuel Fishwick investigates how spooked we should be feeling

Evening Standard · Mar 31, 2023

IMF Says Preparing for 1st Review of Egypt Program

Preparations for the first review of Egypt's economic reform program with the International Monetary Fund have begun and dates for the review mission will be announced when agreed with the authorities, an IMF spokesperson said on Thursday. The IMF approved in December a $3 billion Extended Fund Facility loan for…

Asharq Al-Awsat · Mar 23, 2023

IMF warns without reforms, Lebanon could see hyperinflation

The International Monetary Fund has given a grim assessment of Lebanon’s prospects for getting out of its deepening financial crisis

The Independent UK · Mar 23, 2023

IMF: Lebanon in 'very dangerous situation' with reforms stalled

The International Monetary Fund warned on Thursday that Lebanon was in a very dangerous situation a year after it committed to reforms it has failed to implement and said the government must stop borrowing from the central bank.

Reuters · Mar 23, 2023

War-torn Ukraine to receive first loan from IMF

The International Monetary Fund (IMF) and Kyiv have reached a staff-level agreement for a $15.6 billion loan which should be finalised in the coming weeks. The Washington-based lender had previously changed its rules in order to allow loans to countries facing "exceptionally high uncertainty", without naming Ukraine specifically. Also in…

France 24 · Mar 22, 2023

Sri Lanka says latest bailout funds can be used for fiscal support - Bloomberg News

The International Monetary Fund (IMF) is allowing Sri Lanka to utilise funds from its latest bailout for fiscal support, unlike previous loans that could only be used to ease balance of payments crises, central bank governor Nandalal Weerasinghe said in an interview with Bloomberg.

Reuters · Mar 22, 2023

IMF says Argentina to delay payment within rules, remains current

The International Monetary Fund said on Tuesday Argentina informed the IMF it will merge two payments due this week into a single payment of about $2.7 billion on March 31.

Reuters · Mar 21, 2023

IMF to assess Sri Lankan governance as part of $3B bailout

The International Monetary Fund says it is assessing Sri Lanka's governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout program

The Independent UK · Mar 21, 2023