Pakistan's new prime minister, Shehbaz Sharif, will find it difficult to consolidate his country's position in the Arab and Muslim world and match his ousted predecessor Imran Khan's charisma as a global statesman
Major international organizations issued an appeal Wednesday for urgent measures to deal with rising food insecurity in poor countries, including financing to support farmers and increase food supplies. “It is critical to quickly …
The island nation of Sri Lanka is in the midst of one of the worst economic crises it’s ever seen
Global economic growth this year will manage to stay in positive territory despite the situation in Ukraine, but a number of countries with already weak economies may be tipped into recession, International Monetary Fund Managing Director …
Ukraine's economy is expected to contract by 10% in 2022, but the outlook could worsen sharply if the conflict lasts longer, the International Monetary Fund said in a staff report released on Monday. The report, prepared ahead of …
The International Monetary Fund joined a growing chorus that’s warning of a risk that Russia will default on its debt obligations as the nation suffers a deep recession caused by sanctions. A Russian default is no longer “an …
Executive Director of the International Monetary Fund for Azerbaijan Piotr Trabinski visited Aghdam, Emin Huseynov, special representative of the President of Azerbaijan in the liberated territories (except for Shusha) included in the Karabakh …
The dimmer outlook reflects faltering growth in the world’s largest economies, the United States and China
The International Monetary Fund (IMF) noted that the average oil price in 2022 is expected to increase by 11.9% compared to 2021 to $77.31 per barrel. At the same time, next year, oil prices will decrease by 7.8% to $71.29 per barrel, …
The International Monetary Fund (IMF) revised upward the outlook for Russia’s GDP growth in 2023 from 2% to 2.1%, IMF said in its report released on Tuesday. At the same time, IMF lowered the forecast for Russian GDP growth in …
Europe should not see an inflation spiral as a spike in energy prices is expected to fade next year and there is slack in the continent’s labor market, the IMF European department chief said. “We don’t at this stage, …
The International Monetary Fund’s steering committee is urging global policymakers to increase their monitoring of inflation dynamics and be ready to take “decisive actions to maintain price stability,” a draft communique …
Persistent supply chain disruptions and inflation pressures are constraining the global economy's recovery from the COVID-19 pandemic, the International Monetary Fund said on Tuesday as it cut growth outlooks for the United States and other major industrial powers
Russia will receive about $18 billion worth of reserves from the International Monetary Fund (IMF) on Monday which will help ease an acute economic situation in the country, RBC reported. The IMF will distribute about $650 billion in …
The International Monetary Fund (IMF) has said Afghanistan will no longer be able to access the lender's resources. The move follows the Taliban's takeover of the country last weekend. An IMF spokesperson said it was …
The Russian economy is recovering from the consequences of the COVID-19 pandemic at a quicker pace than expected, IMF Chief Economist Gita Gopinath said at a special briefing on Tuesday. "In the case of Russia, we have seen faster …
IMF Managing Director Kristalina Georgieva said more cooperation between Russia and the United States could help with current significant global challenges, commenting on the upcoming meeting between U.S. President Joe Biden and Russian …
While there’s room for improvement, there is little evidence that the BRI is something to fear
Ukraine’s government has dismissed the long-serving head of state-run oil and gas company Naftogaz Ukrainy, threatening to complicate talks to access a $5.5 billion international bailout, Bloomberg reported. Prime Minister …
International Monetary Fund’s steering committee on Thursday said the global economy is recovering faster than expected from the COVID-19 crisis, but warned that a spike in interest rates could be especially painful for emerging …
