Pakistan only hopes on IMF
Long lines were reported outside petrol stations after people filled their tanks ahead of the announcement
International Monetary Fund
Egypt to sell discounted bread to fight inflation
Egypt’s government will start selling discounted bread to people not enrolled in its bread subsidy program as it battles accelerating inflation, the supply minister Ali Moselhy said. …
Sri Lanka crisis: worst yet to come
Economically, 2022 will rank as Sri Lanka’s worst year ever
Egypt dims the lights in Cairo to free up more gas for Europe
The Egyptian government started this summer to direct the scaling back of domestic electricity consumption, reducing lighting in some streets, squares and other public areas, as well as in shops and government buildings. The aim is to try to …
Soaring food prices could fuel social unrest, extreme poverty
The world’s major international finance and food organisations have joined forces to call for urgent, coordinated action on food security in light of the crisis in Ukraine, warning soaring food prices could fuel social tensions and push millions into poverty
It is time to abandon dollar hegemony
Issuing the world’s reserve currency comes at too high a price
IMF improves forecast for Russia's growth
The International Monetary Fund (IMF) has upgraded the forecast for Russia's growth to 1.8% in 2019, according to the World Economic Outlook report released. At the same time, IMF expects Russia's inflation to stay at the level …
Merkel: EU should be more independent of IMF
German Chancellor Angela Merkel laid out her ideas for more European integration, including the creation of a joint refugee agency that would determine asylum requests on the continent's borders. In a changing …
Ruble grows amid growing oil
Oil prices, after falling the day before, began to recover gradually due to a thorough implementation of the agreement on the production cuts. Thus, the March futures for Brent crude oil on London's …
Georgian government plans to stabilize lari
Georgia's Government said that it plans to take steps to stabilize the national currency. The Georgian Government in corporation with the National Bank of Georgia (NBG) and the International Monetary Fund (IMF) will …
IMF and WB confident of stability of Russian banking system
A joint International Monetary Fund (IMF) and World Bank (WB) mission visited Moscow on March 15-30 to conduct an assessment of the Russian financial sector. Its representatives met with the head of the Russian Central Bank, …
Azerbaijan fully repays debt to IMF
Azerbaijan fully repaid its debt to the International Monetary Fund (IMF), a report on the activities of the country's cabinet of ministers for 2015 says. Recall that Azerbaijan joined the IMF in 1992. The country attracted …
Christine Lagarde: Azerbaijan is pursuing proper policy
The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, said that Azerbaijan is pursuing the proper policy, which will help it to overcome external challenges. "Azerbaijan has certainly …
Head of IMF mission in Azerbaijan to visit Baku on December 21
The new head of the International Monetary Fund (IMF) in Azerbaijan, Mohammed el Gorchi, will arrive in Baku on December 21. He will meet with the head of the Central Bank of Azerbaijan, Elman Rustamov, …
Putin to meet with Lagarde at summit in Antalya
Russian President Vladimir Putin will meet with the Managing Director of the International Monetary Fund (IMF), Christine Lagarde, during the G20 summit in Turkey, Kremlin spokesman Dmitry Peskov …
Georgia to accept IMF mission on November 9-21
The mission of the International Monetary Fund will arrive in Georgia on November 9th The work of the evaluation mission with the country's leadership will last for two weeks. The program will include meetings …
Financial G20 to meet in Ankara
At the meeting in Ankara on September 4-5 G20 finance ministers and central bank governors will review the regulatory issues of sovereign debt and the possibility of more active involvement of the International Monetary Fund in resolving of …
IMF forecasts real GDP growth in Kazakhstan of 3.25% in 2016
"Next year, growth is projected to pick up to 3.25%, driven by gradual recovery in oil prices and external demand. Still, the medium-term growth outlook is less favorable than projected last year, given the impact of lower oil prices and …
