IMF

The International Monetary Fund is “ready and very willing” to work with Lebanon to solve its financial problems and restructure its debt, but needs a partner in the Lebanese government, IMF Managing Director Kristalina Georgieva said on…

Policymakers’ unprecedented response to the global health crisis has contained risks to the financial system, but a prolonged recession or policy missteps could ignite growing vulnerabilities worldwide, the International Monetary Fund…

United Nations Secretary-General Antonio Guterres on Tuesday called for an increase in funding for the International Monetary Fund and expanded debt relief to help developing and middle-income countries recover from the novel coronavirus…

The International Monetary Fund is pushing hard for the Group of 20 major economies to extend an initiative postponing official bilateral debt service payments by the world’s poorest countries beyond year-end, IMF spokesman Gerry Rice said…

The International Monetary Fund (IMF) said on Thursday it was exploring all possible ways to support the Lebanese people following the powerful port warehouse explosion that rocked Beirut, while urging authorities to move on reforms.…

The International Monetary Fund said on Tuesday that global current account imbalances narrowed in 2019 as trade slowed, and the coronavirus could narrow them further in 2020, but some commodity exporters and tourism-dependent countries…

Gulf Cooperation Council (GCC) countries will see their economies shrink by 7.6% this year, an International Monetary Fund official said on Tuesday, revising downwards April forecasts of nearly 3%. “We expect the GCC economies to…

The World Bank has approved a loan of $700 million to Colombia to help the Andean country in its fight against the coronavirus pandemic, it said on Friday. “We are working quickly so that Colombia can count on the resources it needs in…

The International Monetary Fund threw a lifeline to Egypt on Friday, saying its executive board approved a new $5.2 billion, 12-month Stand-By Arrangement that aims to help the country cope with the coronavirus pandemic and plug budget and…

International Monetary Fund Managing Director Kristalina Georgieva said on Friday that the global economic crisis spurred by the coronavirus could ultimately test the Fund’s $1 trillion in total resources, “but we’re not there yet.”…