IMF

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.”…

The head of the International Monetary Fund Kristalina Georgieva, said on Thursday, that governments around the world have spent $10 trillion in fiscal actions to respond to the new coronavirus pandemic and its economic fallout, but…

International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday it was “very likely” the Fund would cut global growth forecasts further as the coronavirus pandemic was hitting many economies harder than previously…

Sovereign wealth funds in the Middle East should be used to boost growth, an International Monetary Fund (IMF) official said on Monday, as regional economies struggle with the coronavirus pandemic and the crippling impact of lower oil…

International Monetary Fund chief Kristalina Georgieva on Thursday urged governments and the private sector to do all they can to help emerging markets and developing countries weather the economic and health impacts of the coronavirus…