Thursday, 7th December 2023
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IMF

17 Oct
Speaking during a meeting in Marrakech, the International Monetary Fund's managing director said the war between Israel and Hamas was a "new cloud" that was "darkening" the global economic outlook. Kristalina Georgieva said her organisation was monitoring the situation "very closely", although it was too soon to say what specific economic impact the conflict may have.
17 Oct
An ambassador of an African country to China on Thursday criticized the International Monetary Fund and the World Bank for restrictive lending policies. "My sincere belief is that IMF officials, World Bank officials, they are sincere in their belief that their debt sustainability framework works and works for the greater good," said Jang Ping Thia, lead economist and manager of the economics department at the Asian Infrastructure Investment Bank.
2 Sep
Climate shocks are already disproportionately affecting war-torn countries, a report from the IMF has shown. Many also bear the least responsibility for climate change.
24 Aug
Strengthening the New Development Bank (NDB) — or the so-called BRICS Development Bank — is top agenda of the BRICS summit agenda. Could the NDB, backed by the five emerging world economies: Brazil, Russia, China, India and South Africa, replace existing financial institutions, such as the IMF, in lending funds to developing nations?
4 Jul
The agreement should just be viewed as a "stopgap" that gives Pakistan time and some resources needed to pull its economy back from the verge of default, say experts.
2 Jul
The deal would provide much needed relief to Pakistan, which has been on the verge of default. The IMF board has yet to confirm the agreement.
2 Jun
The West African nation has been under financial strain stemming from the rolling impact of the pandemic, the war in Ukraine, and a range of other global economic trends.
14 Apr
Brazilian President Luiz Inacio Lula da Silva has praised the Shanghai-based New Development Bank (NDB) on his trip to China, saying it "frees emerging countries from submission to traditional financial institutions".
12 Apr
The $5.4 billion set for disbursement brings the total lent to the Latin American country under the Extended Fund Facility to $28.9 billion. Argentina is the target of the IMF's largest assistance program.
12 Apr
During its annual Spring Meeting in Washington, the International Monetary Fund has revised its forecasts upward to 7 percent for global inflation this year and 4.9 percent in 2024. Those figures, above the target rate of 2 percent, will be contributing factors in slowing down growth, including for developing economies.
10 Apr
IMF predicts five-year economic dip, with low-income countries hardest hit. We look at why the IMF's predicted economic growth of just 3 percent, the lowest forecast since 1990, could hurt developing nations most.
27 Mar
The West African nation is facing one of its worst economic crises in decades. Soaring inflation is compounding the sufferings of many Ghanaians who now have to dig deeper into their pockets to afford essential goods.

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3 hours ago
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After decades out of fashion, a declaration to triple nuclear capacity at UN climate talks suggests a revival. Some say it's necessary to help curb emissions, others call it a needless distraction.
4 hours ago
The nationwide strike will likely cause thousands of cancellations and begins at 21:00 GMT on Thursday until the same time on Friday evening.
6 hours ago
A woman who was forced to undergo female genital mutilation (FGM) as a young child in her native Somalia has told FRANCE 24 how she managed to turn her life around and transform her horrific experience into a force for good. Shamsa Araweelo has received around 70 million views of her TikTok videos, in which she explains using rubber models exactly what FGM does to a woman.
6 hours ago
The war between Israel and Hamas in Gaza is heightening the terror risk in the EU, according to the bloc's home affairs commissioner. The warning comes after a German tourist was killed in a knife attack in Paris.
7 hours ago
China's cold and flu season is in full swing. Images of full hospital waiting rooms and memories of Beijing's opaque response to investigating the origins of COVID have drawn global attention.