WASHINGTON - The International Monetary Fund (IMF) chief said Thursday that the organization will revise down its global growth forecast amid the Russia-Ukraine conflict, the impact of which will contribute ...
The greenback’s share of global FX reserves slipped to 59% in the fourth quarter, from 60.5% in the third, declining for three straight quarters. In 1995, the US currency’s share ...
The World Bank Group-IMF Annual Meetings are usually held for two consecutive years at the headquarters of the two multilateral institutions in Washington, D.C. and every third year in another ...
In an interview, IMF Resident Representative, Farayi Gwenhamo, confirmed that part of the $102 million RCF package given to Malawi recently will go directly into the 2020/21 National Budget. “The ...
The International Monetary Fund (IMF) has said that it will enter into discussions with the Malawi government on developing a new Extended Credit Facility (ECF) programme early next year. This ...
The International Monetary Fund (IMF) has reiterated that Malawi remains at risk of a moderate debt distress, a position which if not managed, could undermine fiscal sustainability and frustrate strides ...
CAIRO, 5 June 2020: The International Monetary Fund announced, Friday reaching a Staff-Level agreement on a 12-Month $5.2 Billion Stand-By loan arrangement. “Following support under the IMF’s Rapid Financing Facility ...
They suggested that doing too much too soon could risk a deterioration in the situation. While reopening in China has proceeded "without a debilitating second wave of infections", Europe, which ...
Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus ...
The International Monetary Fund (IMF) on Tuesday said its managing director plans to approve Chile's request for a $23.8 billion Flexible Credit Line (FCL). "IMF Managing Director Kristalina Georgieva intends ...
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