International Monetary Fund

Soaring food prices could fuel social unrest, extreme poverty

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

IMF improves forecast for Russia's growth

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

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

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

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

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 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

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 …

Putin to meet with Lagarde at summit in Antalya

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

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

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

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 …