The executive board of the International Monetary Fund approved a $650 billion expansion in resources to support economically vulnerable nations as they battle the coronavirus pandemic.
The International Monetary Fund (IMF) has this unenviable image of being a stern-faced banker of last resort which would push countries in economic distress seeking help to implement harsh economic reforms as a conditionality.
The International Monetary Fund on Thursday said it would revamp its concessional lending programmes to better support low-income countries during the COVID-19 pandemic
The International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same as forecast in April, but with some countries growing faster and others more slowly, IMF Managing Director Kristalina Georgieva
The IMF on Friday proposed a $50 billion plan to end the COVID-19 pandemic, aiming to expand immunisation drives around the world, while vaccine firms pledged to supply billions of doses to poorer nations by the end of next year.
The war in Ukraine has undercut the global recovery, slowing expected economic growth in most countries in the world, IMF Managing Director Kristalina Georgieva said on Thursday.
Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.
The Group of 20 major economies’ finance chiefs on Saturday pledged to address global food insecurity and rising debt, but made few policy breakthroughs
The International Monetary Fund is once again lowering its projections for global economic growth in 2023, projecting world economic growth lower by $4 trillion through 2026.