IMF

The head of the International Monetary Fund (IMF) Kristalina Georgieva stated Friday that previous measures for the world economy to contract by three percent this year were too confident. IMF Managing Director Kristalina Georgieva, through a...

The International monetary fund (IMF) approved a $226 million loan to assist African country Cameroon to fight the coronavirus (COVID-19) because it faced plunging oil revenues. It was the most recent disbursement under its rapid Credit...

The International Monetary Fund on Thursday approved loans value hundreds of millions of dollars for the Republic of Mali and the Federal Democratic Republic of Ethiopia to fight the coronavirus pandemic. The Washington-based crisis lender has...

Loans worth hundreds of millions of dollars for Mali and Ethiopia to combat the coronavirus pandemic has been approved by the IMF. The Washington-based crisis lender came forward with its global financing efforts in recent weeks...

The severe economic crisis ignited by the coronavirus pandemic requires the rapid deployment of every available financial lifeline to help countries survive, IMF chief Kristalina Georgieva said Thursday. The uncertainty about the health emergency and the...

The International Monetary Fund on Monday announced immediate debt relief for 25 poor countries to help them free up funds to fight the coronavirus pandemic. “This provides grants to our poorest and most vulnerable members to...

The International Monetary Fund should include transparency and anti-corruption measures in coronavirus-related emergency relief programs to ensure that the billions of dollars it is disbursing to dozens of countries help the most vulnerable, Transparency International, Human...

French Finance Minister Bruno Le Maire said Thursday he will lead talks on finding a single European candidate to succeed Christine Lagarde as head of the International Monetary Fund (IMF). The post of IMF managing director,...

The IMF said it expected Sri Lanka’s growth to improve to 3.5 percent in 2019....Read More

Economic growth in Palau is expected to have picked up moderately to 0.4 percent in FY2018 and is projected to increase further to 2 percent in FY2019. The team welcomes the authorities’ plan to develop a...