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 of International Monetary Fund money,…
NEW DELHI – Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after a new government took office, the finance ministry said on Friday.…
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, as well as come up…
WASHINGTON – Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have reached about $58 billion, U.S.…
By David Lawder WASHINGTON – Global central banks may get “antsy” about the swiftness of economic pain brought on by monetary tightening to fight inflation and be tempted to cut…
By David Lawder WASHINGTON – A new issue of International Monetary Fund Special Drawing Rights reserves is among options that could be considered to aid countries struggling with spillovers from…
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 deepening economic crisis afflicting South…
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 government said, as Argentina’s economy…
TUNIS – The International Monetary Fund (IMF) said its talks with Tunisian authorities for a staff level agreement on a rescue package would continue “over the coming weeks” as the…
WASHINGTON – A Russian natural gas embargo would cause deep recessions in Hungary, Slovakia, the Czech Republic and Italy unless countries can cooperate more to share alternative supplies, the International…
NUSA DUA, Indonesia – IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the “exceptionally…
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 as the highly indebted country…
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 on Thursday. “I hope that…
By David Lawder WASHINGTON – The International Monetary Fund said on Thursday it hopes to begin lending from its new Resilience and Sustainability Trust (RST) for vulnerable low and middle-income…
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 economic slowdown brought on by…
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 to restructure the countries’ debts,…
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 intention to request a loan…
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 of talks for a bailout…
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 arrangement to help the West…
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 bid to win approval for…
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 on Saturday as deep splits…
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, unchanged from that of the…
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 record of policy implementation that…
WASHINGTON – The International Monetary Fund said on Wednesday its staff had reached an agreement with Cameroon on the second review of its loan programs that could lead to the…
By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD – Pakistan said on Tuesday that it has received economic and financial targets from the International Monetary Fund (IMF) that once agreed…