Sri Lanka resumes bailout discussions with IMF, finance ministry says
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. Discussions with…
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 tourism revenues and diminished access to financial…
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 have governed the post-war global economic order,…
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 to Russia’s invasion, IMF Managing Director Kristalina…
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 (IMF) started to move through Congress, with…
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, the International Monetary Fund (IMF) said in…
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 push looming debt payments down the road…
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 $45 billion staff-level agreement with the International…
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 in August, IMF data show, and debt…
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 Russian and Belarussian representatives in their activities.…
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 a Twitter post that talks on instruments…
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 International Monetary Fund was working closely to…
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 country’s Congress for approval, government spokeswoman Gabriela…
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 for Britain’s economy, following criticism of the…
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 lender said on Wednesday. Ukraine hopes that…
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 have been rattled by tensions with Russia,…
‘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 trudging closer to the finish line, despite…
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 any further delays to elections, the chief…
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 funding to shore up its finances and…
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 supply snags that may extend into next…
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 a “significant risk,” but rising prices should…
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 grip on inflation and maintain its hard-won…
U.S. Treasury rejects push by lawmakers to end IMF surcharges on some loans
By Andrea Shalal WASHINGTON – The U.S. Treasury Department on Friday rejected an appeal by 18 Democratic lawmakers who want the International Monetary Fund (IMF) to end its practice of charging mostly…
IMF says wants G20 support to strengthen debt restructuring framework
WASHINGTON – The International Monetary Fund said on Thursday it is hoping that G20 finance leaders next week can advance proposals to strengthen a debt restructuring framework for poor countries as default…
‘No to the IMF’: thousands protest in Argentina against debt deal
By Miguel Lo Bianco and Horacio Soria BUENOS AIRES – Thousands of Argentines marched through the streets of Buenos Aires on Tuesday to protest against a likely deal with the International Monetary…
IMF names former Bundesbank chief to lead review panel on institutional safeguards
By David Lawder WASHINGTON – The International Monetary Fund said on Friday it has appointed Germany’s former Bundesbank president Jens Weidmann to lead a new external panel to strengthen institutional safeguards in…
Breaking News
