International Monetary Fund Stories
IMF Projects India To Grow At 7.5 Percent In 2016, Recommends Banking, Tax Reforms
A collapse in oil prices and relatively low exposure to global financial turbulence should drive India’s economic growth the International Monetary Fund said Wednesday.
G20 Draft Communique Reflects Concerns Over Brexit, Refugee Crisis
Global finance leaders who are meeting in Shanghai also agreed to use all policy tools to boost global growth, but emphasized limitations over a central bank-led stimulus.
China Economy And Currency Sound, Says China’s Central Bank Governor Ahead Of G-20 Meeting, But Hints At Further Stimulus Measures
As G-20 finance ministers gather in Shanghai, central bank Governor Zhou Xiaochuan says China has plenty of monetary policy tools to tackle its economic woes.
Jamaica Election 2016: Economic Concerns Could Influence Votes In Caribbean Country
Economic issues are expected to influence voters significantly as they elect a new national government Thursday.
In Bolivia, Voters Decide Whether To Give Leftist President Evo Morales A Fourth Term In Office
Depending on the outcome of a vote Sunday, Bolivian President Evo Morales, a self-described socialist, could stay in power until 2025.
IMF Elects Christine Lagarde To Second Term As Managing Director
French lawyer and former politician Christine Lagarde will lead the International Monetary Fund for another five years.
Ukraine Political Crisis 2016 Update: As Coalition Frays, Worries Over Economy And IMF Loan Grow
Ukraine's ruling coalition lost another party following a failed no-confidence vote that left Prime Minister Arseny Yatsenyuk in power.
Ukraine's President Calls For Prime Minister's Resignation Amid Political Crisis
After several officials quit, Ukraine's Parliament will hold a no-confidence vote on Prime Minister Arseniy Yatsenyuk.
Christine Lagarde’s IMF Second Term As Managing Director Set Amid Global Market Uncertainty
Christine Lagarde will face many challenges during her second term, including a decision over another Greek bailout program.
Ukraine Economic Crisis 2016: As IMF Loan Stalls, Young Politicians Struggle To Push Through Reforms
With the International Monetary Fund delaying its next tranche of aid to Ukraine, the country's young reformers face a growing political storm.
Greece Bailout: International Creditors To Begin Fresh Review Of Domestic Reforms
The lenders will start a review Monday of the progress Greece has made in implementing economic reforms it pledged under a massive bailout deal finalized last year.
Darling Of Davos, IMF’s Christine Lagarde May Have Second Term All Sewn Up
Christine Lagarde’s bid for another tour of duty as managing director of the International Monetary Fund appears to have broad support.
IMF Chief Christine Lagarde Seeking Second Term In Shadow Of Court Case
The International Monetary Fund’s Christine Lagarde already has been endorsed by a handful of major economies in Asia and Europe.
Davos 2016: Greece Promised New IMF Loans At Meeting With Lagarde And Tsipras
The country's troubled economy topped the agenda Thursday when its prime minister met with the leader of the International Monetary Fund.
Europe Refugee Crisis: IMF Chief Lagarde Says Refugees Could Boost Economy
New EU arrivals could boost the bloc’s GDP if they were integrated into the labor market, said the head of the International Monetary Fund.
Libyans Skeptical Of Libya's New U.N.-Brokered Unity Government Agreement
Libyans are skeptical about whether the deal announced Tuesday will end years of chaos and violence.
China GDP: IMF Says Emerging Markets Face ‘Great Challenges’ As Outlook Hinges on Beijing’s Ability To Manage Slower Growth
Developing economies like China, Brazil and Russia face their toughest test in the new year to restart sustainable growth.
IMF Cuts Global Forecast For Next 2 Years, But Growth Set To Be Faster Than 2015
Gradual economic recovery in big emerging markets like Brazil and Russia could offset the ongoing slowdown in China.
Greek Government Claims Majority To Enact Pension Bill Demanded By EU Creditors
The deputy prime minister voices confidence the parliament will pass measures demanded by creditors under the country’s latest bailout deal.
Amid Low Oil Prices, Will Nigeria Devalue Naira Currency? IMF, Buhari Meet Over Economic Crisis
Low oil prices and other conditions could lead to a currency devaluation, for which the International Monetary Fund is pushing.
IMF Chief Christine Lagarde Forecasts Disappointing, Uneven Global Growth In 2016
Low productivity, ageing populations and the effects of the financial crisis are slowing growth, Christine Lagarde wrote in a German newspaper Wednesday.
China To Test Longer Yuan Trading Hours To Increase International Trade
The move is part of China's push to internationalize its currency, now part of the International Monetary Fund's Special Drawing Rights.
Ukraine Imposes Moratorium On Repayment Of $3B Loan To Russia
The Ukrainian government insists that it cannot repay the $3 billion it owes Russia without violating a debt-restructuring deal with other international creditors.
US Congress Set To Approve Long-Delayed IMF Reforms Aimed At Increasing Voting Share Of Developing Nations
The reforms, which the Congress is likely to ratify Friday, aim to give emerging economies a greater clout in the International Monetary Fund's policies.
Yuan Joining IMF's Basket Of Reserve Currencies Called 'A Historic Moment;' Celebrations, Some Cynicism And Hope For Further Market Reform
Analysts are divided over the yuan's entry into the IMF's basket of reserve currencies -- some call it largely symbolic while others believe it could boost market reforms.
China's Renminbi Is Joining The IMF's Elite Currency Club
The International Monetary Fund on Monday admitted China's renminbi into its basket of currencies -- but whether China will open its capital markets remains to be seen.
International Monetary Fund Likely To Put Chinese Yuan In SDR Reserve Currency Basket
The IMF announcement, likely to be made Monday, would put further pressure on Beijing to carry out financial reforms and loosen its grip on the currency.
European Business Travel Set To Rise, Bolstering Economic Hopes
A key indicator of economic health, business travel is forecast to rise by more than 6 percent in Europe next year, according to a new study.
Zimbabwe Dictator Robert Mugabe Wins China's Nobel Peace Prize: President Has Been Accused Of Human Rights Violations
Zimbabwe President Robert Mugabe joins a list that includes Cuba's former President Fidel Castro as the winner of the annual Confucius Prize, a Chinese alternative to the Nobel Peace Prize.
Oil-Rich Saudi Arabia Running Out Of Assets? IMF Report Says It's Possible In Next 5 Years
A new IMF report predicts low economic growth of 2.5 percent for the Middle East and Central Asia as oil-rich states look to cut spending to avoid depleting their assets.