Is Iran teetering on the brink of collapse?
Tehran has a chance to strike back against Washington's brutal sanctions by limiting dependence on energy export revenues
International Monetary Fund (IMF)
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IMF chief says pandemic will unleash worst recession since Great Depression
The pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great Depression, with only a partial recovery seen in 2021, the head of the International …
WSJ: U.S. to block Iran’s request to IMF for $5 bln loan to fight COVID-19
The United States plans to block Iran’s requested $5 billion emergency loan from the International Monetary Fund for funding Tehran says it needs to fight its coronavirus crisis, The Wall Street Journal reported citing senior …
IMF says world recession will be ‘way worse’ than 2008 crisis
The coronavirus pandemic has brought the global economy to a standstill and plunged the world into a recession that will be “way worse” than the global financial crisis a decade ago, the head of the International Monetary Fund said on …
Zelensky pushes laws through Verkhovna Rada
Ukraine's parliament has adopted two laws needed for IMF loans
WTO predicts coronavirus downturn to be worse than 2008
The World Trade Organization’s chief Roberto Azevedo said that projections show the economic downturn and job losses caused by the coronavirus pandemic would be worse than the 2008 recession. “This …
Middle East, Central Asia ask IMF for financial aid
Coronavirus outbreak, oil price crash shocks to regional economies
Bloomberg predicts Gulf states to grave financial difficulties
Saudi Arabia and its neighbors may face a serious crisis in the near future, Bloomberg columnist David Fickling believes. "The current price war in oil markets will only hasten the moment when the …
Does pandemic offer US and Iran chance for partial reset?
Tehran has taken the almost unprecedented step of requesting an emergency loan from IMF
Panic hits global markets
Stock markets in Europe and the US are braced for their biggest falls since the 2008 financial crisis
IMF announces $50 billion program for coronavirus relief
IMF Managing Director Kristalina Georgieva announced a $50 billion aid package Wednesday to help fight the coronavirus, CNBC reports. Georgieva said on CNBC’s “Squawk Alley” that the money is available …
IMF chief warns global economy may well slide into another great depression
The international financial watchdog earlier estimated the recent trade rows had already cost the world economy about $700 billion or an 0.8 percent slump in global GDP, outlining the data in a soon-to-be-published annual report by the IMF. …
IMF approves decision to allocate funds to Georgia
Georgia will be allocated $41.4 million to complete the Fifth Review of Georgia’s economic reform program. The decision was supported by the Executive Board of the International Monetary Fund (IMF). "Georgia’s economy …
IMF and Ukraine reach tentative US$5.5 billion aid deal
The International Monetary Fund said Saturday (Dec 7) it had reached an agreement in principle with Ukraine on a new US$5.5 billion, three-year aid programme for the war-scarred country, CNA reports. IMF Managing Director Kristalina …
IMF: Russia’s macroeconomic situation is stable
Russia’s macroeconomic situation is stable, despite the sanctions and structural rigidities, according to International Monetary Fund (IMF) mission, led by James Roaf, which visited Russia to discuss recent …
IMF sees 4.5% growth in Central Asia, Caucasus in 2019-20 despite weaker trade
Economies in the Caucasus and Central Asia (CCA) will expand by an overall 4.5% in both 2019 and 2020 despite global trade tensions and slowing growth in key trading partners, the International Monetary Fund said on Friday, Reuters …
Georgia to get $41.6 million under IMF programme
Georgia will get about $41.6 million from the International Monetary Fund (IMF) under the fifth review of the Extended Fund Facility (EFF) programme after it will be finalised by IMF Management and Executive Board in December 2019. …
IMF finds out what hinders Middle East economy
Political uncertainty and volatile oil prices are hindering economic growth in the Middle East this year, but trends should reverse next year, according to a new report released Monday by the International Monetary Fund, Charlotte Observer …
IMF sidesteps clash with U.S. over funding
... delays shareholding changes to 2023
IMF sharply cuts Iran, Saudi growth forecasts
The global lender cut forecasts for almost all countries in the Middle East and North Africa
