IMF nudges up 2023 economic outlook but warns of slowing global growth ahead

The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labor…

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Global growth to fall below 3% in 2023: IMF chief

A continued slowdown in almost all the world’s advanced economies is expected to drag global growth below three percent this year, the International Monetary Fund’s managing director warned on Thursday….

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The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas

IMF report indicates growing risks to global financial stability

The risks to global financial stability have increased across the world since April this year in face of high inflation and low interest rates, the latest semiannual Global Financial Stability…

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This photograph taken on October 7, 2022 shows destroyed buildings in Yats’kivka, on the east bank of the Oskil River, eastern Ukraine. (Photo by SERGEY BOBOK / AFP)

IMF releases $1.3 bn in emergency aid for Ukraine

(AFP) – The International Monetary Fund announced Friday it will provide $1.3 billion in emergency aid to Ukraine through its new food crisis assistance program. The package will help meet…

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International Monetary Fund headquarters(IMF) building in Washington, DC. (Photo by MANDEL NGAN / AFP)

IMF officially approves increased lending capacity

The board of governors of the International Monetary Fund on Monday greenlit increasing the institution’s lending capacity by $650 billion, the last step in approving an initiative to boost aid…

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IMF sees 6% world growth, warns developing nations falling behind

The global economy will expand by six percent this year, but disparities between nations are widening as advanced economies accelerate while developing countries fall behind, the IMF said Tuesday.  While…

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