International Monetary Fund (IMF)

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IMF: Global growth is not expected

IMF: Global growth is not expected

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 to get $18 bln of IMF reserves in SDR allocation

Russia to get $18 bln of IMF reserves in SDR allocation

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 …

IMF suspends Afghanistan's access to funds

IMF suspends Afghanistan's access to funds

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 …

IMF: Russian economy recovering quicker than expected

IMF: Russian economy recovering quicker than expected

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 comments on Putin-Biden meeting

IMF comments on Putin-Biden meeting

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 …

IMF: global economy recovering from pandemic

IMF: global economy recovering from pandemic

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 …

IMF upgrades global growth outlook again

IMF upgrades global growth outlook again

The International Monetary Fund raised its outlook for global economic growth again on Tuesday, forecasting worldwide output would rise 6% this year, a rate unseen since the 1970s, thanks largely to the unprecedented policy responses to the …

IMF to boost global outlook again

IMF to boost global outlook again

The International Monetary Fund will raise its forecast for global economic growth in 2021 and 2022 after last year’s 3.5% contraction, but financial conditions remain highly uncertain, IMF Managing Director Kristalina Georgieva said . …

IMF approves $113.9 mln to support Georgia amid pandemic

IMF approves $113.9 mln to support Georgia amid pandemic

The International Monetary Fund (IMF) Executive Board has completed the Seventh Review of Georgia’s economic reform programme supported by a four-year extended arrangement under Extended Fund Facility (EFF) and approved a disbursement of …

IMF chief wants to triple favourable financing for poor members

IMF chief wants to triple favourable financing for poor members

International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that the Fund is deploying all of its resources to proactively meet the challenges posed by the coronavirus pandemic and is looking to triple its concessional …

IMF approves six monthsdebt relief for 25 countries

IMF approves six monthsdebt relief for 25 countries

The Executive Board of the International Monetary Fund approved relief on debt service for 25 member countries that are eligible for support from the Catastrophe Containment and Relief Trust (CCRT), the IMF said. The approval …