IMF: Iran's economy growing
The International Monetary Fund (IMF) has announced that Iran’s economy grew by 5.4% in 2023. In its latest quarterly report the IMF put …
International Monetary Fund (IMF)
IMF revises upward outlook for Russian GDP
The International Monetary Fund has revised upward its estimates of economic development of Russia and forecasts Russia’s GDP to grow by 2.6% in …
Azerbaijan, IMF discuss bilateral cooperation
The parties discussed bilateral cooperation and partnership between Baku and financial institution
National Bank of Georgia updates IMF on ongoing reforms
The leadership of the National Bank of Georgia met with the representative of the IMF
IMF: Black Sea deal's end to make grain "gold"
After the termination of the grain deal, the cost of food will naturally increase. This forecast was given by the International Monetary Fund (IMF).
Biden tried to buy Erdogan for $13 bln
The US President promised the Turkish leader $13 bln in return for Sweden's NATO membership
IMF warns of risks to global financial stability
The head of the International Monetary Fund called for greater vigilance over the global financial system during a speech in China on Sunday in which she also pointed to “green shoots” emerging in the world’s second-largest …
IMF chief expects turning point in global economy
IMF Managing Director Kristalina Georgieva, addressing an Arab Fiscal Forum in Dubai, said global growth remains weak, but it may be at a turning point. "After expanding by 3.4% last year, we see growth slowing to 2.9% in 2023 and …
IMF: oil price to fall by 16% to $81 a barrel in 2023
The International Monetary Fund (IMF) forecasts price of a barrel of oil will go down this year by 16.2%, to $81.13, according to the IMF’s World Economic Outlook update. "In 2023, oil prices are projected to fall by about …
IMF improves Russia's GDP forecast
The International Monetary Fund (IMF) has revised upwards the estimates of Russia's economic development and forecasts the country's GDP to grow by 0.3% in the current year and by 2.1% in 2024, according to the IMF’s World Economic …
IMF urges to increase U.S. debt ceiling
Failure to increase the U.S. debt ceiling would have serious repercussions for the United States and the global economy, an International Monetary Fund spokesperson said on Friday, urging involved parties to work to resolve the standoff. …
IMF expects global inflation to slow down
At the World Economic Forum in Davos, Gita Gopinath, deputy managing director of the IMF, signalled that the fund would upgrade its economic forecasts. Instead of predicting a “tougher” 2023, she now expected an …
IMF approves $3bn support package for Egypt
The International Monetary Fund has approved a deal that will provide a $3bn support package to cash-strapped Egypt over almost four years, with the agreement expected to draw in an additional $14bn in financing for the country. According to …
IMF changes growth forecast for Georgian economy
The International Monetary Fund predicts GDP growth in Georgia in 2022 at 10%, which is 1 percentage point higher than the previous forecast. In September, the IMF predicted that the Georgian economy would grow to 9%, and the inflation …
How Central Asia solves problem of sovereign debt
In the 1990s, almost all the former Soviet republics were forced to take loans from international development institutions such as the World Bank and the International Monetary Fund (IMF). Some issued sovereign debt, such as government bonds. …
IMF: 141 mln people across Arab world exposed to food insecurity
The managing director of the International Monetary Fund, Kristalina Georgieva, said that 48 countries are exposed to the global food crisis, and half of them are vulnerable. Georgieva, speaking at a conference in Riyadh, also said that …
Sharif seeks help in Qatar
Pakistan Prime Minister Shehbaz Sharif has travelled to Qatar in the hope of generating trade and investment for his cash-strapped country
IMF expects Russia's GDP to fall 6% in 2022
The International Monetary Fund (IMF) has improved its outlook for the dynamics of Russia's economy in 2022 to a fall of 6% in GDP rather than the drop of 8.5% that the IMF had forecast in April, according to the World Economic Outlook …
IMF warns of 'darkening' global economic outlook
Head of the International Monetary Fund Kristalina Georgieva said it will downgrade its expectations for global economic growth this month. Its most recent forecast, issued in April, was for 3.6% growth this year and next. …
Protesters in Argentina want to break ties with IMF
Argentina’s President Alberto Fernandez has called for unity as protesters in the capital, Buenos Aires, on Saturday marched to the gates of the presidential palace, lambasting his government over soaring inflation and crushing national …
