IMF

The change comes as advanced economies, such as the United States and Germany, struggle to recover from the pandemic. The IMF has maintained its growth prediction for 2022, but has issued a warning about “dangerous” uneven...

Kristalina Georgieva, the IMF’s president, challenged an independent review that showed she urged staff at the World Bank to change a report to avoid angering China in her former role. After the inquiry revealed flaws in...

Last year, Hollywood actor Johnny Depp claimed that he was being blacklisted by the industry after losing a libel case over an article that dubbed him a “wife-beater.” According to Variety, in a recent interview with...

The International Monetary Fund’s board of governors approved a $650 billion increase in the institution’s loan capacity on Monday, the final step in approving a plan to enhance help to the world’s poorest countries. “This is...

The IMF board of directors stated on Thursday that it had approved a significant boost in its power to provide low-income nations with interest-free loans to aid their recovery from the pandemic’s economic devastation. The Covid-19...

The IMF board on Monday approved a $1 billion, three-year loan for Uganda to help the African nation recover from the economic crisis caused by the Covid-19 pandemic. The new aid provides $258 million immediately to...

Latin America’s recovery from the pandemic crisis is lagging the rest of the world and the economy will not return to its pre-pandemic level until 2024, the IMF warned Thursday, reports BSS. The persistent health crisis...

IMF chief Kristalina Georgieva on Friday endorsed US President Joe Biden’s proposed $1.9 trillion economic stimulus plan to deal with the pain caused by the Covid-19 pandemic. “The US does have fiscal space to take additional...

The IMF stated on Monday it will rise talks with the government of crisis-ravaged Argentina on a new rescue package in mid-November. A crew from the Washington-based crisis lender IMF met with administrators in Buenos Aires...

Corona has severely affected the economy of Bangladesh. On the one hand, as domestic demand has declined, on the other hand, exports are also suffering. In this situation, the International Monetary Fund (IMF) is providing emergency...