IMF

Climate activists block IMF Paris office doors

Pakistan's government is set to present a budget for financial year 2022-23 on Friday aimed at tight fiscal consolidation in a bid to convince the International Monetary Fund (IMF) to release much-needed bailout payments for the cash-strapped country.

The International Monetary Fund expects to further cut its forecast for global economic growth in 2022 next month, an IMF spokesperson said on Thursday, following moves by the World Bank and Organization for Economic Co-operation and Development (OECD) to cut their own forecasts this week.

In its latest forecast issued this month, the IMF said it expects Asia's economy to expand 4.9% this year

Governments can alleviate impact of the price jumps with "targeted measures to try to support vulnerable populations"

East Africa endured a harrowing drought in 2017 but early humanitarian action averted a famine in Somalia.

G20 finance ministers will meet on Wednesday on the spring meetings' sidelines.

He said 36 countries count on Russia and Ukraine for more than half of their wheat imports

The IMF recommended governments prioritize improving vaccine access to end the pandemic as soon as possible

Sri Lanka is running out of almost all basic amenities such as food and fuel due to the current economic crisis. The doctors in the country have said that they are now running out of medicines too.

The economic crisis faced by Sri Lanka is only worsening with each passing day, the country has now cancelled school exams for millions of students as it has run out of printing paper and ink

The International Monetary Fund continues to assess the economic impact, but will "stand ready to support our members as needed,"

The programs have already been extended twice, in September 2020 and again last March.

The World Bank estimates that debt loads in poor countries surged 12 percent to a record $860 billion in 2020 amid the pandemic

BOE governor Andrew Bailey said central bankers face a "very difficult balancing act"

World Bank President David Malpass warned that some of the price spikes "will not be transitory."

Energy prices have hit multi-year highs in recent days, with oil above $80 a barrel, weighing on households.

Amid the pressure from upper management, staff changed some of the input data, which boosted China's ranking in 2018 by seven places to 78

In a joint letter, the presidents of around a dozen medical organisations said lessons must be learned -- and quickly.

The talks came after criticism that the G20 has been slow to address the COVID-19 pandemic, which has left more than 37,500 dead worldwide.

The IMF chief said in her press conference on Friday that this recession would be even worse than in 2009.

The rising concern about the global economy has been reflected in the continued collapse of global stock markets.

The virus has shuttered factories, disrupted travel, infected nearly 95,000 people worldwide and killed more than 3,200, mainly in China.

Global growth was poised for a modest rebound to 3.3 percent this year, up from 2.9 percent last year.

Business leaders will be keen to tout their awareness on climate change but are likely also to be concerned by the state of the global economy.

IMF said it looks forward to work in tandem with the new Argentina government to stabilise the economy and promote sustainable growth.

The IMF slashed its outlook for the region's three largest economies -- Saudi Arabia, Iran and the United Arab Emirates.

An IMF report finds unpaid work "is a substantial part of economic activity that goes unmeasured and is shouldered disproportionally by women."

Christine Lagarde moves to a whole new world as president of the European Central Bank.

South America's second-largest economy battered by a run on the Argentine peso amid double-digit inflation.