IMF

Food importers from Africa to Asia are scrambling for dollars to pay their bills as a surge in the US currency drives prices even higher for countries already facing a historic global food crisis. In Ghana, importers are warning about…

The International Monetary Fund (IMF) said Tuesday that the world economy was headed for "stormy waters" as it downgraded its global growth projections for next year and warned of a harsh worldwide recession if policymakers mishandled the…

The International Monetary Fund will cut its global growth outlook for 2023 from an earlier predicted 2.9 percent and is concerned of rising recession risks, the IMF chief said Thursday, as many central banks tighten interest rates to…

The world needs to cut greenhouse gas emissions by at least a quarter this decade to achieve the Paris Agreement's goal of carbon neutrality by 2050, and the cost will be lower if nations act sooner, according to International Monetary Fund…

The country’s debt burden is considered ‘unsustainable’ leading the lender to seek assurances from creditors. The International Monetary Fund (IMF) has said it will need “adequate assurances” from Sri Lanka’s creditors for a new program as…

The International Monetary Fund (IMF) has lowered its growth forecast for the Asia-Pacific region this year to 4.2 percent, 0.7 percentage point lower than it expected in April and well below the region's 6.5 percent growth in 2021. The…

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…