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IMF

Crisis-hit Pakistan’s army chief seeks U.S. help in quick release of IMF funds – sources

July 29, 2022 by Reuters
Crisis-hit pakistan's army chief seeks u. S. Help in quick release of imf funds - sources - photo licensed by shore news network.

By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD – Pakistan’s powerful army chief appealed to Washington to use its leverage to secure the early release … Read more

Sri Lanka resumes bailout discussions with IMF, finance ministry says

July 29, 2022 by Reuters
Sri lanka resumes bailout discussions with imf, finance ministry says - photo licensed by shore news network.

NEW DELHI – Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after a new government took office, the … Read more

China needs COVID strategy rethink to limit economic harm, IMF official says

July 27, 2022 by Reuters
China needs covid strategy rethink to limit economic harm, imf official says - photo licensed by shore news network.

By Jorgelina do Rosario, Karin Strohecker and Rodrigo Campos LONDON – China needs to rethink its zero-COVID policy to avoid more harm to the economy, … Read more

U.S. Treasury official says IMF SDR lending pledges reach about $58 billion

July 27, 2022July 27, 2022 by Reuters
U. S. Treasury official says imf sdr lending pledges reach about $58 billion - photo licensed by shore news network.

WASHINGTON – Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have … Read more

Central banks must resist urge to back off inflation fight – IMF economist

July 26, 2022 by Reuters
Central banks must resist urge to back off inflation fight - imf economist - photo licensed by shore news network.

By David Lawder WASHINGTON – Global central banks may get “antsy” about the swiftness of economic pain brought on by monetary tightening to fight inflation … Read more

IMF says not holding active discussions on potential new SDR issue

July 26, 2022 by Reuters
Imf says not holding active discussions on potential new sdr issue - photo licensed by shore news network.

By David Lawder WASHINGTON – A new issue of International Monetary Fund Special Drawing Rights reserves is among options that could be considered to aid … Read more

IMF chief welcomes push to boost Argentina’s fiscal health

July 25, 2022 by Reuters
Imf chief welcomes push to boost argentina's fiscal health - photo licensed by shore news network.

BUENOS AIRES – The head of the International Monetary Fund on Monday described a meeting with Argentina’s economy minister, Silvina Batakis, as “productive,” amid a … Read more

Argentina’s new economy chief to meet IMF head on Monday

July 23, 2022 by Reuters
Argentina's new economy chief to meet imf head on monday - photo licensed by shore news network.

BUENOS AIRES – Argentina’s newly appointed economy minister Silvina Batakis will meet on Monday with the head of the International Monetary Fund in Washington, the … Read more

IMF says loan talks with Tunisia to continue over coming weeks

July 19, 2022 by Reuters
Imf says loan talks with tunisia to continue over coming weeks - photo licensed by shore news network.

TUNIS – The International Monetary Fund (IMF) said its talks with Tunisian authorities for a staff level agreement on a rescue package would continue “over … Read more

IMF says Russian gas embargo could hit central Europe hard

July 19, 2022 by Reuters
Imf says russian gas embargo could hit central europe hard - photo licensed by shore news network.

WASHINGTON – A Russian natural gas embargo would cause deep recessions in Hungary, Slovakia, the Czech Republic and Italy unless countries can cooperate more to … Read more

IMF chief sees ‘exceptionally uncertain’ global outlook, deteriorating debt situation

July 16, 2022 by Reuters
Imf chief sees 'exceptionally uncertain' global outlook, deteriorating debt situation - photo licensed by shore news network.

NUSA DUA, Indonesia – IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat … Read more

El Salvador finance minister says possible IMF deal no panacea

July 14, 2022 by Reuters
El salvador finance minister says possible imf deal no panacea - photo licensed by shore news network.

SAN SALVADOR – Salvadoran Finance Minister Alejandro Zelaya minimized on Thursday the potential positive impact of a long-delayed deal with the International Monetary Fund, even … Read more

IMF in positive engagement with Argentina, welcomes govt efforts – spokesman

July 14, 2022 by Reuters
Imf in positive engagement with argentina, welcomes govt efforts - spokesman - photo licensed by shore news network.

NEW YORK – The International Monetary Fund had a “very positive” first engagement with Argentina’s recently named economy minister Silvina Batakis, an IMF spokesman said … Read more

IMF says hopes to start lending from new resilience trust in October

July 14, 2022 by Reuters
Imf says hopes to start lending from new resilience trust in october - photo licensed by shore news network.

By David Lawder WASHINGTON – The International Monetary Fund said on Thursday it hopes to begin lending from its new Resilience and Sustainability Trust (RST) … Read more

IMF says China needs more fiscal, monetary support to fight COVID slowdown

July 14, 2022 by Reuters
Imf says china needs more fiscal, monetary support to fight covid slowdown - photo licensed by shore news network.

By David Lawder WASHINGTON -The International Monetary Fund said on Thursday that China needs to add more fiscal and monetary policy support to combat an … Read more

IMF calls for quick creditor agreements on Chad, Ethiopia, Zambia debts

July 14, 2022 by Reuters
Imf calls for quick creditor agreements on chad, ethiopia, zambia debts - photo licensed by shore news network.

By David Lawder WASHINGTON -The International Monetary Fund on Thursday called on creditor committees for Chad, Ethiopia and Zambia to quickly reach agreements with authorities … Read more

African Nation Demands Massive Bailout From IMF. It Hasn’t Worked Out The Last 17 Times

July 13, 2022 by The Daily Caller
African nation demands massive bailout from imf. It hasn’t worked out the last 17 times - photo licensed by shore news network.

African Nation Demands Massive Bailout From IMF. It Hasn’t Worked Out The Last 17 Times Micaela Burrow on July 12, 2022 Ghana’s president announced his … Read more

IMF hopes for resolution of Sri Lanka crisis to allow bailout talks

July 9, 2022 by Reuters
Imf hopes for resolution of sri lanka crisis to allow bailout talks - photo licensed by shore news network.

NEW DELHI – The International Monetary Fund (IMF) said it is hoping for a resolution to Sri Lanka’s political turmoil that will allow a resumption … Read more

IMF executive board approves $638 million for Benin

July 9, 2022 by Reuters
Imf executive board approves $638 million for benin - photo licensed by shore news network.

DAKAR – The International Monetary Fund’s (IMF) executive board has approved a $638 million extended fund and extended credit facility for Benin under a 42-month … Read more

Crisis-hit Sri Lanka to present debt restructure plan to IMF by August

July 5, 2022 by Reuters
Crisis-hit sri lanka to present debt restructure plan to imf by august - photo licensed by shore news network.

By Uditha Jayasinghe COLOMBO -Crisis-hit Sri Lanka will present a debt restructuring plan to the International Monetary Fund by the end of August, in a … Read more

Argentina economy minister, IMF deal architect, quits as government crisis builds

July 2, 2022 by Reuters
Argentina economy minister, imf deal architect, quits as government crisis builds - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES -Argentina’s economy minister Martin Guzman, the architect of a recent major debt deal with the International Monetary Fund (IMF), resigned … Read more

U.S. dollar share of FX reserves steady in Q1, euro share dips, IMF says

June 30, 2022 by Reuters
U. S. Dollar share of fx reserves steady in q1, euro share dips, imf says - photo licensed by shore news network.

By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund was 58.8% in the first quarter, … Read more

IMF says Haiti staff-monitored program may lead to loan deal

June 29, 2022 by Reuters
Imf says haiti staff-monitored program may lead to loan deal - photo licensed by shore news network.

By David Lawder WASHINGTON – The International Monetary Fund said on Wednesday its management had approved a staff-monitored program for Haiti to establish a track … Read more

IMF reaches staff agreement with Cameroon that could unlock $73.6 million

June 29, 2022 by Reuters
Imf reaches staff agreement with cameroon that could unlock $73. 6 million - photo licensed by shore news network.

WASHINGTON – The International Monetary Fund said on Wednesday its staff had reached an agreement with Cameroon on the second review of its loan programs … Read more

IMF delivers targets to Pakistan in step toward restoring bailout

June 28, 2022 by Reuters
Imf delivers targets to pakistan in step toward restoring bailout - photo licensed by shore news network.

By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD – Pakistan said on Tuesday that it has received economic and financial targets from the International Monetary … Read more

Costa Rica asks IMF for $700 million from new sustainability trust

June 25, 2022 by Reuters
Costa rica asks imf for $700 million from new sustainability trust - photo licensed by shore news network.

By Alvaro Murillo SAN JOSE – Costa Rica has told the International Monetary Fund (IMF) it is interested in obtaining a nearly $700 million loan … Read more

Any U.S. recession would likely be short, shallow, IMF official says

June 24, 2022 by Reuters
Any u. S. Recession would likely be short, shallow, imf official says - photo licensed by shore news network.

WASHINGTON – If the United States does fall into a recession, it would likely be “relatively short,” with only modest increases in unemployment, and may … Read more

IMF says it will start talks with Tunisia over loan program

June 22, 2022 by Reuters
Imf says it will start talks with tunisia over loan program - photo licensed by shore news network.

By Tarek Amara TUNIS – The International Monetary Fund said on Wednesday it welcomed an economic reform program announced by the Tunisian government this month … Read more

IMF approves immediate release of $216 million to Senegal

June 22, 2022 by Reuters
Imf approves immediate release of $216 million to senegal - photo licensed by shore news network.

DAKAR – The International Monetary Fund has completed a programme review enabling the immediate release of about $216 million to Senegal, it said in a … Read more

Ukraine receives first funds through IMF account, PM says

June 17, 2022 by Reuters

KYIV -Ukraine has received a loan of one billion Canadian dollars ($770 million) on concessional terms, its first funds through an “administered account” set up … Read more

IMF still has concerns over Pakistan budget – finance minister

June 11, 2022 by Reuters
Imf still has concerns over pakistan budget - finance minister - photo licensed by shore news network.

By Gibran Naiyyar Peshimam ISLAMABAD – Pakistan’s finance minister said on Saturday that the International Monetary Fund (IMF) has expressed concern about the country’s recently … Read more

IMF hopes to mobilize as much funding as possible to aid Ukraine

June 9, 2022 by Reuters
Imf hopes to mobilize as much funding as possible to aid ukraine - photo licensed by shore news network.

By Andrea Shalal WASHINGTON – Canada and Germany have already pledged over $2 billion to a new administered account set up by the International Monetary … Read more

IMF urges countries to support vulnerable, avoid blanket subsidies as food, fuel prices soar

June 7, 2022 by Reuters
Imf urges countries to support vulnerable, avoid blanket subsidies as food, fuel prices soar - photo licensed by shore news network.

By Rachel Savage LONDON – The IMF said on Tuesday governments fighting soaring food and fuel prices should target aid to vulnerable citizens rather than … Read more

Factbox-Sri Lanka is running out of time to secure an IMF bailout

June 2, 2022 by Reuters
Factbox-sri lanka is running out of time to secure an imf bailout - photo licensed by shore news network.

By Uditha Jayasinghe COLOMBO – Sri Lanka is seeking help from the International Monetary Fund (IMF) for its 17th program in seven decades, needing a … Read more

Pakistan hikes fuel prices to unlock IMF funding

May 26, 2022 by Reuters
Pakistan hikes fuel prices to unlock imf funding - photo licensed by shore news network.

By Gibran Naiyyar Peshimam and Asif Shahzad KARACHI, Pakistan -Pakistan on Thursday announced it will hike fuel prices so that it can resume receiving aid … Read more

IMF chief does not expect recession but it isn’t ‘out of the question’

May 23, 2022 by Reuters
Imf chief does not expect recession but it isn't 'out of the question' - photo licensed by shore news network.

DAVOS, Switzerland – International Monetary Fund Managing Director Kristalina Georgieva on Monday said she does not expect a recession for the world’s major economies but … Read more

El Salvador’s credibility would benefit from IMF deal – Moody’s

May 19, 2022 by Reuters
El salvador's credibility would benefit from imf deal - moody's - photo licensed by shore news network.

By Jorgelina do Rosario LONDON – El Salvador lacks credibility in managing its finances and would benefit from a program with the International Monetary Fund, … Read more

IMF says Argentina program objectives, targets “remain unchanged”

May 19, 2022 by Reuters
Imf says argentina program objectives, targets "remain unchanged" - photo licensed by shore news network.

(Reuters) – The International Monetary Fund said the agreed objectives of the recently approved program for Argentina remain in place as the first program review … Read more

IMF says Sri Lanka talks conclude May 24, monitoring developments closely

May 19, 2022 by Reuters
Imf says sri lanka talks conclude may 24, monitoring developments closely - photo licensed by shore news network.

(Reuters) – An International Monetary Fund virtual mission to Sri Lanka is expected to conclude technical talks on a potential IMF loan program to the … Read more

IMF chief optimistic G7 funds for Ukraine can stave off hyperinflation

May 19, 2022 by Reuters
Imf chief optimistic g7 funds for ukraine can stave off hyperinflation - photo licensed by shore news network.

KOENIGSWINTER, Germany – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday she was “getting more optimistic” that a G7 agreement to provide new … Read more

IMF and Niger reach staff-level agreement on $53 million loan

May 17, 2022 by Reuters
Imf and niger reach staff-level agreement on $53 million loan - photo licensed by shore news network.

DAKAR – The International Monetary Fund (IMF) and Niger have reached a staff-level agreement on a first programme review that will allow for a disbursement … Read more

Egypt expects to reach a agreement with IMF ‘within months’

May 15, 2022 by Reuters
Egypt expects to reach a agreement with imf 'within months' - photo licensed by shore news network.

(Reuters) – Egypt expects to reach a new programme with the International Monetary Fund “within months”, Prime Minister Mostafa Madbouly said on Sunday in a … Read more

IMF lifts weighting of dollar, Chinese yuan in SDR basket

May 14, 2022 by Reuters
Imf lifts weighting of dollar, chinese yuan in sdr basket - photo licensed by shore news network.

BEIJING – The International Monetary Fund said on Saturday it has increased the weighting of the dollar and Chinese yuan in its review of the … Read more

Tunisia says talks with IMF positive, committed to paying debts

May 11, 2022 by Reuters
Tunisia says talks with imf positive, committed to paying debts - photo licensed by shore news network.

TUNIS – Tunisian Finance Minister Sihen Boughiri said on Wednesday that initial talks with the International Monetary Fund were positive and that Tunis was committed … Read more

Pakistan to keep energy subsidies unchanged against IMF advice

April 30, 2022 by Reuters
Pakistan to keep energy subsidies unchanged against imf advice - photo licensed by shore news network.

By Asif Shahzad ISLAMABAD – Pakistan said on Saturday it would maintain subsidies to keep fuel and power prices steady for consumers, going against International … Read more

IMF approves new $9.8 billion flexible credit line for Colombia

April 29, 2022 by Reuters
Imf approves new $9. 8 billion flexible credit line for colombia - photo licensed by shore news network.

NEW YORK – The International Monetary Fund on Friday approved a $9.8 billion Flexible Credit Line (FCL) for Colombia, which the South American country said … Read more

Higher rates, slowing China, risks to Latam and Caribbean growth – IMF

April 26, 2022 by Reuters
Higher rates, slowing china, risks to latam and caribbean growth - imf - photo licensed by shore news network.

NEW YORK – The prospect of tighter financial conditions due to the war in Europe and a more hawkish Federal Reserve, alongside concern over a … Read more

IMF says staff, Kenya reach agreement on loan review, $244 million disbursement

April 25, 2022 by Reuters
Imf says staff, kenya reach agreement on loan review, $244 million disbursement - photo licensed by shore news network.

WASHINGTON – The International Monetary Fund said on Monday that its staff reached an agreement with Kenyan authorities on policies to complete the third review … Read more

Pakistan seeks increase in size, duration of IMF programme

April 25, 2022 by Reuters
Pakistan seeks increase in size, duration of imf programme - photo licensed by shore news network.

By Asif Shahzad ISLAMABAD -Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund (IMF) programme, the country’s … Read more

Europe should use fiscal not monetary policy to deal with Ukraine war -IMF

April 22, 2022 by Reuters
Europe should use fiscal not monetary policy to deal with ukraine war -imf - photo licensed by shore news network.

BRUSSELS – European governments should deal with the economic consequences of the war in Ukraine through fiscal policy, to allow monetary policy to normalise in … Read more

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