The Latest Breaking News from the International Monetary Fund

Now that the falsehoods and obfuscation of climate denialism have finally been silenced, addressing climate change has become the world's top priority. But time is running out, and the International Monetary Fund warns that any further delays in implementing policies to mitigate global warming will only add to the economic…

Inflation driven by economic instability, fallout from war in Ukraine and COVID have made jollof rice an expensive meal.

Formerly praised for its stability and good governance, Ghana has been facing a severe economic crisis since the onset of the Covid-19 pandemic and the war in Ukraine. To prevent Accra from defaulting on its debt, the International Monetary Fund (IMF) on Wednesday approved a $3 billion loan in exchange…

The Lebanese official heading talks with the International Monetary Fund to bailout Lebanon’s tanking economy has called for the country’s embattled central bank chief to resign

Optimism can be difficult to muster at a time of heightened uncertainty and global turmoil. The 2022 ASDA'A BCW Arab Youth Survey, conducted only a few months after Russia's full-scale invasion of Ukraine and on the heels of the Covid-19 pandemic, reflected a darkening economic outlook.

Pakistan's external financing requirements have not been changed in talks with the International Monetary Fund (IMF) over bailout funds, the IMF Resident Representative in Pakistan said, denying local media reports that the Fund was seeking fresh financing.

Asia and the Pacific remains a dynamic region despite the challenging year for the world economy.

Paraguay's conservative ruling party presidential candidate Santiago Pena will need all the composure he has from a journey as a teenage father to the International Monetary Fund as he faces down an opposition challenge at the ballot box on Sunday.

The executive board of the International Monetary Fund on Monday approved the first review of Tanzania's three-year extended credit facility, allowing immediate disbursement of about $153 million in budgetary support, the IMF said in a statement.

It has taken far too long, but it seems that the International Monetary Fund has finally internalised some hard truths about sovereign-debt reduction. Chief among them is that growing economies have an easier time repaying. As such, fiscal consolidation -- the organisation's favoured strategy -- undermines efforts to reduce debt-to-GDP…

Bahrain's Labor Minister Jamil bin Muhammad Ali Humaidan underscored the international community’s confidence in the Kingdom's public aimed at sustaining growth in the labor market. Humaidan's statements highlighted the indicators revealed by the International Monetary Fund (IMF) in its latest report, which expected unemployment rate in Bahrain to drop to…