OPEC tells IMF that oil price rally mainly due to geopolitics
By Alex Lawler LONDON – OPEC told the International Monetary Fund’s steering committee on Thursday that the surge in oil prices was largely due to …
IMF
IMF says governments must protect the vulnerable ‘when things fall apart’, avert unrest
By Andrea Shalal WASHINGTON – Governments must target fiscal support to vulnerable populations hit hardest by rising energy and food prices, and now facing growing …
Ukraine conflict to test resilience of global financial system: IMF
By Pete Schroeder and Michelle Price WASHINGTON – Russia’s invasion of Ukraine has driven up financial stability risks “on several fronts” and will test the …
IMF official says split into competing systems would be ‘disaster’ for global economy
WASHINGTON – The world is on a path to a more multipolar world given the rise of emerging markets in the global economy, but it …
Explainer-Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO – Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation …
Russia asks Brazil to help keep sway at IMF, World Bank
BRASILIA – Russia has asked Brazil for support in the International Monetary Fund, the World Bank and the G20 group of top economies to help …
IMF says board approved new trust to aid low-income, vulnerable middle-income countries
WASHINGTON – The International Monetary Fund said its executive board on Wednesday approved the creation of a new facility to help low-income and vulnerable middle-income …
IMF sets up administered account to allow donors to fund Ukraine
WASHINGTON – Ukraine’s finance ministry on Monday welcomed the creation of a special new account set up by the International Monetary Fund to give bilateral …
New mechanisms needed for debt stress as poor countries hit by surging prices -IMF
By Andrea Shalal WASHINGTON – Sharply higher global food and energy prices due to the war in Ukraine are hitting poor countries, and better mechanisms …
IMF cuts Japan’s growth forecast on hit from Ukraine war fallout
By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan …
IMF calls for $15 billion this year to manage long-term risks of COVID
WASHINGTON – Countries around the world should provide $15 billion in grants this year and $10 billion a year thereafter to manage the long-term risks …
Greece pays off final tranches of IMF loans
ATHENS – Greece has paid off the final tranches of bailout loans owed to the International Monetary Fund earlier than expected, the finance ministry said …
IMF sees Greek economy growing at slower pace due to Ukraine
By Lefteris Papadimas ATHENS – Greece’s economy is expected to expand 3.5% this year due to higher energy prices and the Ukraine crisis, the International …
IMF says U.S. ‘soft landing’ amid Ukraine war pressures entails downside risks
WASHINGTON – Achieving a “soft landing” for the U.S. economy amid new inflationary pressures prompted by Russia’s invasion of Ukraine will be a challenging task …
IMF to start talks with Sri Lanka on loan request in coming days
WASHINGTON – The International Monetary Fund will initiate discussions with Sri Lankan authorities on a possible loan program in coming days, IMF spokesperson Gerry Rice …
IMF warns Russia sanctions threaten to chip away at dollar dominance – FT
(Reuters) – Financial sanctions imposed on Russia threaten to gradually dilute the dominance of the U.S. dollar and could result in a more fragmented international …
Climate-related disasters pose ‘major’ growth threat in Middle East, Central Asia – IMF
By Andrea Shalal WASHINGTON – The frequency and severity of climate-related disasters are rising faster in the Middle East and Central Asia than anywhere in …
Sri Lanka to seek World Bank support alongside IMF loan programme – sources
By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO/NEW DELHI – Sri Lanka will seek World Bank assistance to stave off a severe economic crisis in addition …
Egypt requests IMF support as economy buffeted by Ukraine spillover
CAIRO -Egypt has asked for the International Monetary Fund’s support to implement a comprehensive economic programme, the IMF said on Wednesday. Continued exchange rate flexibility …
Ukraine conflict likely to weigh on Serbian economy, IMF says
BELGRADE – The war in Ukraine is expected to weigh on Serbia’s economy, presenting global problems such as supply chain disruptions and higher commodity prices, …
IMF board to meet March 25 over Argentina debt deal: statement
WASHINGTON – The International Monetary Fund’s executive board will meet on March 25 to discuss Argentina’s request for a debt deal, an IMF spokesman said …
IMF says having ‘constructive’ talks with Pakistan as part of program review
WASHINGTON – The International Monetary Fund on Thursday said it was having constructive, ongoing discussions with Pakistan as part of a seventh program review of …
IMF says Fed tightening appropriate, adds to risks for emerging markets
WASHINGTON – The U.S. Federal Reserve is acting “appropriately” to tighten monetary policy and signal a higher future rate path, but the policy shift does …
Poor the hardest hit in Latam by Russia’s Ukraine invasion -IMF
NEW YORK – The poorest will be the hardest hit across Latin America and the Caribbean by the economic fallout from Russia’s invasion of Ukraine, …
Japan will work with G7 to keep Russia from tapping IMF loans-PM Kishida
TOKYO – Japan will work closely with G7 advanced economies to prevent Russia from tapping loans from the International Monetary Fund and other international lenders, …
Russia’s war in Ukraine may ‘fundamentally alter’ global economic, political order – IMF
By Andrea Shalal WASHINGTON – Russia’s invasion of Ukraine will affect the entire global economy by slowing growth and jacking up inflation, and could fundamentally …
Sri Lanka finance minister meets top IMF official amid economic crisis
By Uditha Jayasinghe COLOMBO – Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as …
Top IMF official to visit Sri Lanka this week to brief about economy’s state
By Uditha Jayasinghe COLOMBO – A senior International Monetary Fund (IMF) official will be visiting Sri Lanka on Monday and Tuesday to brief President Gotabaya …
Mexican president urges Argentina to accept IMF debt deal
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador on Thursday urged Argentina to accept a new $45 billion deal with the International Monetary Fund …
IMF chief says Africa vulnerable to higher food, fuel prices due to Ukraine war
WASHINGTON – Africa’s economic outlook is particularly vulnerable to higher food and fuel prices prompted by Russia’s invasion of Ukraine, as well as to reduced …
Explainer-Ousting Russia from WTO, IMF would mark end of an era
By David Lawder and Andrea Shalal WASHINGTON – Amid the devastation of World War Two, the United States and its allies created the institutions that …
IMF board to consider $1.4 billion in funding for Ukraine on Wednesday – Georgieva
WASHINGTON – The International Monetary Fund’s executive board is poised to approve on Wednesday $1.4 billion in emergency funding for Ukraine to help it respond …
Argentina government warns Congress not to block IMF deal
By Walter Bianchi and Lucila Sigal BUENOS AIRES – Argentine bonds fell on Monday as a new $45 billion deal with the International Monetary Fund …
Peruvian economy’s outlook very uncertain, downside risks prevail, says IMF
– The outlook for Peru’s economy is “very uncertain and downside risks prevail” despite a strong rebound in gross domestic product growth (GDP) last year, …
Explainer-Argentina’s new IMF deal pushes default fears down the road
By Walter Bianchi BUENOS AIRES – Argentina has sealed a staff-level agreement with the International Monetary Fund (IMF) for a $45 billion program, which will …
Argentina bonds sink in snub to $45 billion IMF deal
By Walter Bianchi and Rodrigo Campos BUENOS AIRES/NEW YORK – Argentine sovereign bonds tumbled some 2.3% on Friday, a day after the government struck a …
Ukraine tapped lion’s share of IMF reserve allocation, debt pressures building
By Andrea Shalal WASHINGTON – Ukraine has exchanged all but $80 million of the $2.7 billion in new International Monetary Fund emergency reserves it received …
Ukraine central bank asks IMF, G7 to limit Russian and Belarussian access
LVIV – The Ukrainian central bank on Wednesday asked the International Monetary Fund and the Group of Seven major economies to limit the participation of …
IMF assures it will support Ukraine -Ukraine’s finance ministry
– The International Monetary Fund has assured Ukraine of its support by all possible means, Ukraine’s finance ministry said on Saturday. The ministry said in …
IMF managing director says Ukraine authorities request emergency financing
– IMF Managing Director Kristalina Georgieva said on Friday that Ukrainian authorities have requested IMF emergency financing amid Russia’s invasion of its neighbor and the …
Argentina says IMF deal ‘imminent’; could go to Congress within days
By Agustin Geist and Walter Bianchi BUENOS AIRES – Argentina is poised to “imminently” send an agreement with the International Monetary Fund (IMF) to the …
IMF urges Bank of England to be clear about stimulus plans
By Andy Bruce LONDON – The International Monetary Fund told the Bank of England on Wednesday to be clear about its plans to withdraw stimulus …
IMF starts discussions in Ukraine for next tranche disbursement
KYIV – The mission of the International Monetary Fund is starting its work in Ukraine for the second review of the Fund-supported programme, the global …
Exclusive-Ukraine central bank eyes new IMF talks in April to soothe markets over Russia
By Natalia Zinets KYIV – Ukraine wants to launch talks with the International Monetary Fund on a new programme in April to reassure markets that …
‘May be soon’: Argentina’s $40 billion IMF deal trundles closer despite push-back
By Jorge Otaola and Adam Jourdan BUENOS AIRES – Argentina’s deal with the International Monetary Fund (IMF) to refinance over $40 billion in debts is …
Exclusive-Voting delays risk starving Somalia of budget funds, says IMF
By Duncan Miriri NAIROBI – A key IMF-supported programme funding military wages and other essential services in Somalia could expire in May if there are …
Exclusive-Ukraine bids for SDR transfers in funding push, new IMF deal – Finance Minister
By Karin Strohecker and Natalia Zinets LONDON/KYIV – Ukraine is working with the United States and other Western nations on unlocking billions of dollars in …
IMF backs ECB’s easy policy as it sees inflation easing
FRANKFURT – The European Central Bank has been right to maintain its easy money policy as inflation is set to fall after “transient boosts” from …
IMF sees inflation as ‘significant risk,’ but eyes gradual moderation in rising prices
By Andrea Shalal WASHINGTON – Headline inflation has moved above central bank targets in most Group of 20 economies despite weaker growth momentum and remains …
Colombia’s central bank must raise rates in first half to control inflation -IMF
BOGOTA – Colombia’s central bank will have to front load interest rate hikes in the first half of this year in order to get a …