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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. …
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 …
Pakistan Prime Minister Shehbaz Sharif has travelled to Qatar in the hope of generating trade and investment for his cash-strapped country
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 …
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. …
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 …
The head of the International Monetary Fund (IMF) said the outlook for the global economy had "darkened significantly" since April and she could not rule out a possible global recession next year given the elevated risks. IMF …
An economic team of the Georgian Government and the Governor of the National Bank of Georgia on Wednesday discussed cooperation with the International Monetary Fund in a meeting with Director of the Fund’s Middle East and Central Asia …
Head of the IMF Kristalina Georgieva has warned at the start of the World Economic Forum in Davos that the global economy faces perhaps its “biggest test since the second world war”. The IMF managing director urged countries …
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, …
