Costa Rica asks IMF for $700 million from new sustainability trust
By Alvaro Murillo SAN JOSE – Costa Rica has told the International Monetary Fund (IMF) it is interested in obtaining a nearly $700 million loan to invest in infrastructure from…
By Alvaro Murillo SAN JOSE – Costa Rica has told the International Monetary Fund (IMF) it is interested in obtaining a nearly $700 million loan to invest in infrastructure from…
WASHINGTON – If the United States does fall into a recession, it would likely be “relatively short,” with only modest increases in unemployment, and may look like U.S. downturns in…
By Tarek Amara TUNIS – The International Monetary Fund said on Wednesday it welcomed an economic reform program announced by the Tunisian government this month and is ready to start…
DAKAR – The International Monetary Fund has completed a programme review enabling the immediate release of about $216 million to Senegal, it said in a statement on Wednesday. The IMF…
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 by the International Monetary Fund,…
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 unveiled budget, but the government…
By Andrea Shalal WASHINGTON – Canada and Germany have already pledged over $2 billion to a new administered account set up by the International Monetary Fund to help war-torn Ukraine,…
By Rachel Savage LONDON – The IMF said on Tuesday governments fighting soaring food and fuel prices should target aid to vulnerable citizens rather than issue across-the-board aid that risked…
By Uditha Jayasinghe COLOMBO – Sri Lanka is seeking help from the International Monetary Fund (IMF) for its 17th program in seven decades, needing a bailout in place before its…
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 from a $6 billion package…
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 also cannot rule one out.…
By Jorgelina do Rosario LONDON – El Salvador lacks credibility in managing its finances and would benefit from a program with the International Monetary Fund, an official at ratings agency…
(Reuters) – The International Monetary Fund said the agreed objectives of the recently approved program for Argentina remain in place as the first program review draws close. “I would characterize…
(Reuters) – An International Monetary Fund virtual mission to Sri Lanka is expected to conclude technical talks on a potential IMF loan program to the crisis-wracked South Asian country on…
KOENIGSWINTER, Germany – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday she was “getting more optimistic” that a G7 agreement to provide new budget funding to Ukraine can…
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 of about $53 million if…
(Reuters) – Egypt expects to reach a new programme with the International Monetary Fund “within months”, Prime Minister Mostafa Madbouly said on Sunday in a televised news conference. In March,…
BEIJING – The International Monetary Fund said on Saturday it has increased the weighting of the dollar and Chinese yuan in its review of the currencies that make up the…
TUNIS – Tunisian Finance Minister Sihen Boughiri said on Wednesday that initial talks with the International Monetary Fund were positive and that Tunis was committed to paying all its foreign…
By Asif Shahzad ISLAMABAD – Pakistan said on Saturday it would maintain subsidies to keep fuel and power prices steady for consumers, going against International Monetary Fund (IMF) recommendations as…
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 will be treated as “precautionary,”…
NEW YORK – The prospect of tighter financial conditions due to the war in Europe and a more hawkish Federal Reserve, alongside concern over a deceleration in China’s growth, are…
WASHINGTON – The International Monetary Fund said on Monday that its staff reached an agreement with Kenyan authorities on policies to complete the third review of Kenya’s loan program, clearing…
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 Finance Minister, Miftah Ismail, said…
BRUSSELS – European governments should deal with the economic consequences of the war in Ukraine through fiscal policy, to allow monetary policy to normalise in the face of high inflation,…