IMF cancels debt payments for 25 poor countries battling coronavirus for six months
The International Monetary Fund (IMF) on Monday approved $500 million to cancel six months of debt payments for 25…
Browsing Tag
International Monetary Fund (IMF)
International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity.
IMF approves $745 million disbursement to Tunisia to address coronavirus
The International Monetary Fund’s (IMF) Executive Board approved on Saturday a $745 million emergency assistance…
IMF chief says coronavirus economic fallout is worse than 2008 global financial crisis
The coronavirus pandemic has sparked an economic fallout “like no other” — one that is “way worse” than the 2008…
World is in a recession thanks to coronavirus: IMF chief
The global economy is now in a recession thanks to COVID-19 yet only a coordinated effort will be able to stem the…
Coronavirus, lower oil prices to impact Egyptian economy: IMF
The cronavirus disease (COVID-19) outbreak as well as lower oil and commodity prices along with lower demand and…
IMF unveils $50 billion emergency facilities to help address coronavirus
The International Monetary Fund (IMF) announced on Wednesday about $50 billion rapid-disbursing emergency financing…
European stocks down 2.8% despite IMF pledge to fight coronavirus
European stocks turned negative on Thursday despite markets initially reacting well to a $50 billion pledge from…
IMF deal seen as only way out for Lebanon
The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund…
Coronavirus drives IMF, World Bank to hold ‘virtual’ spring meetings
The International Monetary Fund (IMF) and the World Bank said on Tuesday they would adopt a “virtual format” for…
IMF: uncertainty in global economy is becoming “the new normal”
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said in an article on Wednesday…