The dimmer outlook reflects faltering growth in the world’s largest economies, the United States and China. Signaling tough times ahead for households and policymakers, the IMF expects elevated price levels to persist. The global economy...
The IMF’s latest quarterly outlook is impressively upbeat with expectations that the US and other advanced economies, always together with China, will come roaring back this year and into next. Successful near universal adult vaccination...
Argentina owes a fortune — $323 billion (€274 billion) as of the end of 2019 — which it cannot pay back. That has been the case for many years. It owes several billion to the...
IMF Managing Director Christine Lagarde will become the European Central Bank’s next president in November. If she replaces Italy’s Mario Draghi, a huge change in the eurozone lender’s policy seems unlikely. Following several rounds of...
The gap between the rich and the poor has been widening in most countries. Economists are analyzing the potential consequences, among them pundits at the IMF which is holding its spring meeting in Washington this...
International Monetary Fund (IMF) Managing Director Christine Lagarde believes China’s “Belt and Road” is a good idea, but she also warned about saddling countries involved in the project with too much debt. The IMF chief...
Ivory Coast, the prosperous West African country is Africa’s fastest growing economy, according to the International Monetary Fund (IMF). The country’s phenomenal growth rate of 8.5 % greatly contrasts with the rest of sub-Saharan Africa which...
The world economy is growing fast and according to a respected UK economic forecaster, that is behind an improved British growth forecast. As ever though, the outcome of Brexit decides all. A leading economic forecaster...
In its latest assessment and forecast for the world economy, the International Monetary Fund has been the bearer of some rare good news. Yet, while the global economy is enjoying strong growth, challenges remain. The...
The International Monetary Fund has said it believes in an even broader economic upswing globally in the years ahead. The lender’s latest revision of its quarterly growth outlook also bodes well for the eurozone. Presenting...
Challenging the World Bank and the IMF as a response to their failed reforms or complementing the existing market players with efficiency and not a competition, the New Development Bank focuses beyond those things and...
The IMF is the most authoritative source for reserve holdings of central banks. It reports the data at the end of each quarter with a quarter lag. At the end of last year, the IMF...
