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International Monetary Fund

IMF urges Romania to pursue substantial fiscal policy reform

The International Monetary Fund (IMF) said that Romania needs to boost its fiscal consolidation efforts to restore the soundness of government finances by enacting...

IMF warns AI to hit almost 40% of jobs worldwide and worsen overall inequality

The International Monetary Fund (IMF) warned that nearly 40% of jobs across the globe could be affected by the rise of artificial intelligence, with...

ECB and BOE should tread carefully with rate hikes says IMF

Europe’s central banks should be wary of potential dangers ranging from more financial stress to a divergence in bond yields as they stay the...

IMF cuts Romania’s 2023 GDP growth forecast to 2.4%

The International Monetary Fund (IMF) said that it expects Romania’s economy to expand by 2.4% in 2023, revising downwards its October forecast for 3.1%...

IMF warns deeper financial turmoil would slam global growth

The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe...

G7 officials exit World Bank meeting as Russian official begins to speak

G7 officials and others walked out of a meeting of the Development Committee that advises the governors of the World Bank and International Monetary...

IMF starts Ukraine mission for $700mln loan after Russia escalates

The International Monetary Fund (IMF) announced it would start a virtual mission to Ukraine that, if successful will pave the way for the country...

Republic of Moldova reaches provisional IMF loan deal worth $564mln

The Republic of Moldova has reached a provisional loan agreement with the International Monetary Fund (IMF) worth about $564mln over 40 months, according to...

G7 finance officials endorsed principles for central bank digital currencies

The Group of Seven (G7) finance officials endorsed 13 public policy principles for retail central bank digital currencies (CBDCs) on Wednesday, stating that they...

IMF urges governments to make fiscal plans to tame pandemic debt

The International Monetary Fund (IMF) said on Thursday that governments should start planning a return to more sustainable budgets with policies that win the...