Leaders from more than a dozen African countries will attend a summit in Paris from Monday to discuss their financial needs after the Covid-19 pandemic. Ahead of the gathering, the head of the International Monetary Fund, Kristalina Georgieva, has told FRANCE 24 the international community must step up efforts to ensure a "dangerous divergence" of fortunes between advanced and developing economies is avoided. "This divergence would mean more insecurity, more instability and lost opportunities for the world economy to grow," she warned.

IMF and US officials praised the Sudanese civlian government's economic reforms. The African country is now on track to paying off most of its massive debt over the next few years.

Accused and convicted of embezzlement in Russia, after sentencing Michael Calvey said the verdict was "deeply unfair." He believed an acquittal could help spur foreign investment in Russia.

The IMF's managing director faces allegations that during her previous stint at the World Bank, she pressured staff to alter data to benefit China.

The revision comes as the post-pandemic recovery falters in advanced economies, including the US and Germany. The IMF has kept its growth forecast for 2022 unchanged but has warned of "dangerous" divergent recoveries.

The new Lebanese government is to resume negotiations with the IMF after talks stalled 13 months ago. Success, however, is not guaranteed, warn some experts.

The International Monetary Fund's executive board has approved the extension of $115 million in debt relief to 25 eligible low-income countries from January 11 to April 13 next year in an effort to help them ride out pandemic-induced headwinds.

The International Monetary Fund has slashed its forecast for the global economic recovery, warning of "multiple challenges" including new variants of Covid-19, high inflation and ongoing disruption to global supply chains. Petya Koeva Brooks, Deputy Director of the IMF's Research Department, discusses the risks and policy challenges as the pandemic enters its third year.

The war in Ukraine has provoked a massive humanitarian and economic crisis. The International Monetary Fund unblocked 1.4 billion dollars in emergency aid for Kyiv this week - and says it's ready to help neighbouring countries that request further assistance. The IMF's First Deputy Managing Director, Gita Gopinath, has been speaking to France 24's Kate Moody about the need for financing, the impact on regional and emerging economies, and how the global economy might change.

Ukraine war will have 'lasting consequences on global economy': IMF. Russia's invasion of Ukraine has sparked a massive humanitarian and economic crisis. Gita Gopinath, First Deputy Managing Director of the International Monetary Fund, tells France 24 the war will also have 'lasting consequences on the global economy.'

The negative economic effects from Russia's invasion of Ukraine will significantly hurt global growth, the IMF has said. Increasing food and fuel prices have raised the prospect of unrest in poorer countries.

Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that government measures were moving the country in the right direction.