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Imf News

IMF chief: 'Clear we have entered recession'

Washington - The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday.

IMF, World Bank call for suspending debt payments by poorest nations

Washington - The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest nations so they can battle the coronavirus pandemic.

Argentina will need 'substantial debt relief': IMF chief

Washington - Argentina's government will need "substantial debt relief" from private creditors as the coronavirus pandemic and its economic impact exacerbates the country's financial situation, IMF chief Kristalina Georgieva said Friday.

IMF rejects crisis-hit Venezuela's request for $5 bn virus aid

Caracas - The International Monetary Fund on Tuesday rejected economically devastated Venezuela's request for a $5 billion loan to help it cope with the onslaught of coronavirus on the country that an aid agency warned is as prepared as war-torn Syria.

IMF calls for 'substantial' stimulus, coordination against virus

Washington - The International Monetary Fund called on governments worldwide Monday to join forces and roll out aggressive financial supports for the coronavirus-infected global economy, including direct payments to workers and businesses.

IMF chief calls for all-out offensive to counteract epidemic

Washington - IMF chief Kristalina Georgieva on Wednesday called for an all-out, "no regrets" response to the new coronavirus epidemic which poses a "serious threat" to the global economy."At a time of uncertainty...

Global growth to 'dip below' last year's rate: IMF chief

Washington - The new coronavirus epidemic poses a "serious threat" and will slow growth in the world economy to below the 2.9 percent posted last year, IMF chief Kristalina Georgieva said Wednesday.

Coronavirus puts 'fragile' global recovery at risk: IMF to G20

Apo - The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20 financial chiefs voiced "real concern" over its economic ripple effects.Global growth was poised for a modest rebound to 3.

IMF warns China virus hitting a fragile global economy

Washington - In the best-case scenario, the economic hit from the epidemic in China will be short-lived, but it comes as the global economy remains fragile, IMF chief Kristalina Georgieva said Wednesday.

IMF begins debt talks in Argentina

Buenos Aires - Recession-hit Argentina opened talks Wednesday with a team from the IMF, seeking relief from what President Alberto Fernandez says is an unsustainable foreign debt.

IMF due in Argentina for debt restructuring talks

Buenos Aires - Recession-hit Argentina opens talks this week with a team from the IMF, seeking relief from what President Alberto Fernandez says is an unsustainable foreign debt.

IMF top deputy leaving fund amid leadership changes

Washington - The top American serving at the International Monetary Fund will leave his post at the end of the month amid a reshuffling of the top leadership, the fund said Friday.

IMF approves release of $498.4 mn for Ecuador

Washington - The International Monetary Fund on Thursday approved a delayed loan tranche for Ecuador, releasing nearly $500 million under a three-year aid program.The IMF board gave the go-ahead for a $4.

IMF and Ukraine reach tentative $5.5 bn aid deal

Washington - The International Monetary Fund said Saturday it had reached an agreement in principle with Ukraine on a new $5.5 billion, three-year aid program for the war-scarred country.

IMF and Ukraine reach tentative $5.5 bn aid deal

Washington - The International Monetary Fund said Saturday it had reached a "staff-level" agreement with Ukraine on a new $5.5 billion, three-year aid program for the war-scarred country.

Argentina's president-elect rejects remaining IMF money

Buenos Aires - Argentina's leftist president-elect Alberto Fernandez said Tuesday he would renounce the remaining $11 billion tranche of the country's International Monetary Fund loan as soon as he takes office next month.

Ukraine should tackle corruption to win new loan: IMF

Washington - Talks with Ukraine on a new loan package are continuing but Kiev will need to address corruption and reduce the power of oligarchs to attract much needed investment, an IMF spokesman said Thursday.

Global debt surges to record high $188 tn: IMF chief

Washington - The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva warned Thursday.

IMF chief: 'We look forward to engaging' with new Argentina govt

Washington - International Monetary Fund chief Kristalina Georgieva on Monday congratulated Alberto Fernandez, winner of Argentina's presidential elections, and vowed to work with his government to stabilize the economy"We look forward to engaging with his administ...

Unemployment fuels unrest in Arab states: IMF

Dubai - Unemployment and sluggish economic growth are fuelling social tension and popular protests in several Arab countries, the International Monetary Fund said Monday.

IMF chief says building 'peer pressure' to follow trade rules

Washington - With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings that fueled the disputes, IMF chief Kristalina Georgieva said Saturday.

IMF chief says building 'peer pressure' to follow trade rules

Washington - With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings behind the disputes, IMF chief Kristalina Georgieva said Saturday.

Former IMF chief Lagarde takes swipe at Trump's Twitter habits

Washington - Former IMF chief Christine Lagarde said President Donald Trump's trade offensive against China could slash global economic growth and she critiqued his Twitter habits in an interview with US television program 60 Minutes.

IMF members put off voting change; agree to boost lending capacity

Washington - Global finance ministers agreed Friday to double a key pool of money that the International Monetary Fund can use to aid distressed countries but again put off giving more votes to major emerging economies.

IMF's Georgieva: US-China truce 'not good enough'

Washington - The partial trade deal between the United States and China is welcome news but does not undo the trade war's negative impact on the global economy, IMF chief Kristalina Georgieva said Thursday.

IMF flags surging, risky corporate debt, calls for more oversight

Washington - Low borrowing rates put in place amid a slowing economy -- partly caused by uncertainty created by the US-China trade war -- have sparked a surge in risky corporate borrowing which could sow the seeds of a new global crisis, the International Monetary ...

European growth failed to 'lift off' amid Brexit, slowdown: IMF economist

Washington - Europe's economic expansion sputtered this year, disappointing expectations due to the well-known Brexit concerns, but also because of issues within major economies like Germany and Italy, a top IMF economist told AFP.

IMF sharply cuts Iran, Saudi growth forecasts

Dubai - The International Monetary Fund on Tuesday sharply downgraded growth projections for Saudi Arabia and Iran, the two largest Mideast economies, citing the impact of US sanctions, geopolitical tensions and low oil prices.

To save climate, tax carbon at $75 per ton: IMF

Washington - The world's biggest carbon polluting nations should jointly agree to tax emissions at $75 per ton in the next decade to keep climate change at safe levels, the International Monetary Fund said Thursday.

New IMF chief Georgieva says world suffering 'synchronized slowdown'

Washington - Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday.
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Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
ROAR Mag
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Uk...
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Ukraine was one of the topical at the G-20 summit in Sydney. Ukrainian issue stirred up all international politicians. Such a potential grantors of Ukraine as the EU, the USA and the IMF expressed willingness to help Ukraine. The EU proposes to organize a conference of grantors for financial aid to Ukraine and to coordinate measures in order to lend economic aid to Ukraine from the USA, Japan, China
The global community is ready to grant a financial aid to Ukraine
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
YouTube
Aid was promised  but where is the money?

At the end of February of this year the EU leaders in rep...
Aid was promised, but where is the money? At the end of February of this year the EU leaders in reply to changing of State power in Ukraine promised to give financial help, aimed at financial system stabilization and different investment projects realization directed on development of the country economy. Then Elmar Brok, chairman of the EP Committee on Foreign Affairs announced a sum in 20 billion Euros, which will be received by Ukraine for the reform implementation as soon as a new governme
Former International Monetary Fund Managing Director  Dominique Strauss-Kahn  at a press conference
Former International Monetary Fund Managing Director, Dominique Strauss-Kahn, at a press conference
International Monetary Fund
IMF Managing Director Christine Lagarde (C) visits the Artisan Market in Pisac  Peru on October 4  2...
IMF Managing Director Christine Lagarde (C) visits the Artisan Market in Pisac, Peru on October 4, 2015
Stephen Jaffe, IMF/AFP
Christine Lagarde
Christine Lagarde.
MEDEF
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund
IMF Headquarters Washington DC
IMF Headquarters Washington DC
wikimedia
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
IMF
CRISIS: Message posted on ATMs in Greece last month at height of country s dispute with European Uni...
CRISIS: Message posted on ATMs in Greece last month at height of country's dispute with European Union lenders. Banks were closed for more than three weeks but reopened Monday with limits on withdrawals.
SucreRouge/Wikimedia Commons
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People s Party conven...
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People's Party convention in Vilnius, Lithuania, in 2013.
European People's Party
The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
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