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The International Monetary Fund (IMF) has worsened its Russia’s 2019 growth forecast by 0.1 percentage point to 1.1% following a revision of the average annual oil price forecast, the IMF said in its World Economic Outlook. …
Bulgarian economist Kristalina Georgieva was confirmed as managing director of the International Monetary Fund. Georgieva, who was previously chief executive of the World Bank, becomes the first person from an emerging …
Sberbank CEO Herman Gref, speaking at the International Organization of Supreme Audit Institutions (INTOSAI) Congress, described the International Monetary Fund (IMF) as the body which is completely out of the picture. …
The IMF sharply increased its forecast for Turkey’s economic growth this year but warned the prospects of a sustainable recovery from last year’s currency crisis have dimmed. In a concluding statement published after an …
The International Monetary Fund urged China and the United States to resolve tensions through a comprehensive agreement that avoids undermining the international system. It was noted in the IMF report that China and its …
Sanctions have had a less severe impact on Russia’s GDP growth than low oil prices, the International Monetary Fund (IMF) said in its latest report on the Russian economy. Between 2014 and 2018, sanctions slowed the growth of …
Russia’s Finance Ministry said that Russia has a positive attitude towards the nomination of Bulgaria’s Kristalina Georgieva to become the head of the International Monetary Fund and will be ready to support her …
The fund urged countries to work at the multilateral level to reduce trade tensions
Ukrainian businessman Igor Kolomoisky has called on the country’s new President Vladimir Zelensky to reject the International Monetary Fund’s austerity program or default on Ukraine’s external …
The International Monetary Fund staff team said that easing Russia's monetary policy now appears appropriate. According to them, now it's time to cut the key rate. "Monetary policy has been successful in …
The International Monetary Fund (IMF) staff team said the cleanup of Russia's banking sector needs to be completed, the authorities also need to continue strengthening bank supervision and regulation. According to the …
Harrowing but unsurprising news for two of the hardest hit emerging markets in recent years
Georgia will get about $40 million from the International Monetary Fund (IMF) after the fourth review of the Extended Fund Facility (EFF) programme is finalised. After the fourth review the amount of money allocated for Georgia will …
Volatile oil prices are weighing heavily on the economic growth of the region
The Annual Meeting of the International Monetary Fund and the World Bank Group kicks off in Washington today. The Russian delegation will arrive in Washington today - for the first time in several years the Bank of Russia will be …
The International Monetary Fund said that Georgia's economic growth is projected to reach 4.6% in 2019. An IMF team led by Mercedes Vera-Martin visited Tbilisi on February 20-26 to discuss recent economic and …
The oil-rich country is critically dependent on food, medicine, and other imports
Turkey's Finance Ministry said that it is "very clear" that Turkey does not need to borrow from the International Monetary Fund (IMF), given the country’s current economic performance. "It has been stated …
The International Monetary Fund (IMF) revised downward its forecasts on growth of the Russian economy in 2019-2020 because of lower oil prices and worsening of financial conditions, IMF Economic Counsellor Gita Gopinath said on …
The International Monetary Fund has worsened its Russia’s 2010 gross domestic product growth forecast by 0.2 percentage points and 0.1 percentage point in 2020 to 1.6% and 1.7%, respectively, the IMF said in its World Economic Outlook. …
