The Latest Breaking News from the International Monetary Fund

Pakistan's finance minister says the International Monetary Fund has deposited the much-awaited first installment of $1.2 billion with the country's central bank under a new bailout deal

The International Monetary Fund has approved a much-awaited $3 billion bailout for Pakistan, the global lender said, a move that’s likely to save the impoverished Islamic nation from defaulting on its debt repayments

Officials say Pakistan’s Prime Minister Shahbaz Sharif has met with the head of the International Monetary Fund in Paris on the sidelines of the global financing summit in a last-ditch effort to unlock a $6 billion bailout package to help avoid a default

Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate

The Goldenberg scandal in the early 1990s is Kenya’s largest documented gold fraud. The scheme involved Goldenberg International Limited, which pretended to export gold and diamonds, and in exchange received substantial subsidies from the government for “earning” foreign exchange. Kenyan businessman Kamlesh Pattni – who was at the centre of…

The head of the International Monetary Fund has praised the European Central Bank’s decision to raise interest rate for the eighth time in a row

The International Monetary Fund has slammed Pakistan’s government over its proposal for the new annual budget, saying it failed to implement a more fair tax system in the draft

Although the International Monetary Fund (IMF) has long been the most prominent global institution for promoting financial stability, calls to create regional alternatives are growing louder.

The EU hopes to stem the number of refugees departing for Europe from the country’s coast during an economic crisis.