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    Special prayers

    Special prayers

    29 Mar 2020

    The whole world is going through a horrible situation: number one, the fear of death because of coronavirus, plus unbearable losses to the world economy because of lockdown in many...

    Clear we have entered recession, says IMF chief

    Clear we have entered recession, says IMF chief

    28 Mar 2020

    The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday. READ MORE US...

    World Bank, IMF urge debt relief for poorest countries

    World Bank, IMF urge debt relief for poorest countries

    25 Mar 2020

    The World Bank and the International Monetary Fund on Wednesday urged official bilateral creditors to provide immediate debt relief to the world’s poorest countries as they grapple with severe...

    IMF sees pandemic causing global recession in 2020, recovery in 2021

    IMF sees pandemic causing global recession in 2020, recovery in 2021

    24 Mar 2020

    The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should...

    G20 leaders to speak on Thursday about coronavirus

    G20 leaders to speak on Thursday about coronavirus

    24 Mar 2020

    Leaders from the Group of 20 major economies will convene a video conference on Thursday to discuss the coronavirus epidemic, multiple sources told the media, amid criticism that the...

    Chinese economy normalising but risks remain: IMF

    Chinese economy normalising but risks remain: IMF

    20 Mar 2020

    China’s economy is beginning to show some signs of normalisation after the full-blown shock caused by coronavirus but stark risks remain, International Monetary Fund officials said in a blog on...

    Global growth to dip below last year’s rate, says IMF chief

    Global growth to dip below last year’s rate, says IMF chief

    04 Mar 2020

    The new coronavirus epidemic poses a “serious threat” and will slow growth in the world economy to below the 2.9 per cent posted last year, IMF chief Kristalina Georgieva said...

    Argentina consults with IMF that could lead to new debt deal

    Argentina consults with IMF that could lead to new debt deal

    23 Feb 2020

    Argentina on Saturday agreed to start consultations with the International Monetary Fund that could lead to a new financing programme, days after the global lender said the country’s debt situation...

    International Monetary Fund says Argentina’s debt ‘unsustainable’

    International Monetary Fund says Argentina’s debt ‘unsustainable’

    20 Feb 2020

    The International Monetary Fund (IMF) warned Argentina’s bondholders that they would likely need to take a hit to help resolve the country’s “unsustainable” debt burden. The fund, wrapping up a...

    Hawkamah, IMF focus on trends impacting the governance of CBs

    Hawkamah, IMF focus on trends impacting the governance of CBs

    26 Jan 2020

    Business Bureau, Gulf Today Hawkamah, The Institute for Corporate Governance and the International Monetary Fund (IMF) convened the sixth high-level Central Bank Governance Forum 2020 in Dubai on Jan.21-23, 2020....

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