IMF
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Business
IMF chief warns global recession risks rising, urges policy action
Washington: IMF chief Kristalina Georgieva urged global policymakers Thursday to take concerted action to avoid a “dangerous ‘new normal,'” as…
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IMF chief pledges support for Malawi president’s aid request
Washington: IMF chief Kristalina Georgieva met with Malawi’s President Lazarus McCarthy Chakwera on Thursday and committed to provide support to…
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IMF cuts 2022 global growth to 3.2% amid US, China slowdowns
WASHINGTON: Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for…
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Tunisians fear more economic pain as crucial IMF talks loom
TUNIS: Every day at the family grocery stall in a Tunis market, Bilel Jani sees the reality of a biting…
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Argentina president announces new debt deal with IMF
BEUNOS AIRES: Argentine President Alberto Fernandez unveiled what he called a “reasonable” new debt repayment deal with the International Monetary…
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Business
IMF slashes global growth outlook amid Omicron hit
WASHINGTON: The Omicron variant of COVID-19 is creating an obstacle course for the global economy, which will slow growth this…
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Business
Retirements common factor in US, UK labor shortage: IMF
WASHINGTON: An exodus of older workers is the “common thread” behind the baffling labor shortages faced by companies in the…
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Sri Lanka rules out IMF bailout, seeks new China loan
COLOMBO: Sri Lanka ruled out an IMF bailout yesterday and said it plans to seek another loan from China to…
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China has a key role to play in global economy: Georgieva
WASHINGTON/BEIJING: China has an important part to play in the global economy as it recovers from COVID-19, but its growth…
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Georgieva warns Omicron could slow global growth
WASHINGTON: The new Omicron variant of COVID-19 could slow the global economic recovery, just as the Delta strain did, IMF…
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IMF: Social unrest threatens Mideast economic recovery
DUBAI: The Middle East and North Africa is on track for a recovery, but rising social unrest is threatening the…
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Business
IMF warns pandemic darkening prospects in developing countries
WASHINGTON: The ongoing hit from the COVID-19 pandemic and the failure to distribute vaccines worldwide is worsening the economic divide…
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