Timilehin Adejumobi
Over the medium term, average GDP growth is expected to fall back below 1% due to accelerating...
IMF
"The US economy has proven resilient," IMF managing director Kristalina Georgieva said in a press conference, shortly...
The IMF said British gross domestic product was set to grow by 0.4% in 2023. In April,...
Feyisayo Ajayi
Russia's economy suffered a setback in the Q1 of 2023, contracting by 1.9% compared to the year...
Inflation had steadily crept up over the last year after a series of currency devaluations starting in...
The German economy shrank by a revised 0.5% in the fourth quarter of 2022 compared with the...
Specifically, the new plan could help break an impasse that has held up an agreement by China...
The weaker growth prospects stem from the progress economies like China and South Korea have made in...
IMF has authorized a four-year, $15.6 billion finance package for Ukraine to help with the nation's recovery...
India's foreign exchange reserves have increased according to findings from RBI by $5.98 billion to reach $578.78...
The IMF managing director reiterated her view that 2023 would be another challenging year, with global growth...
In an announcement late on Monday, the Fund said its cumulative lending limits were increased to 600%...
The World Bank pledges to treat fragile economies with the greatest degree of concession at a time...
The United States, meanwhile, has repeatedly criticised China over its "foot-dragging" on debt relief for dozens of...
Such efforts have become a priority for authorities, the fund said, after the collapse of a number...
"We welcome the Global Sovereign Debt Roundtable and look forward to engaging constructively in the dialogue alongside...
Yes, warning signals are still flashing as last year's surge in inflation and interest rates bites, but...
Sri Lanka's economy is expected to grow again from the end of this year and the government...
While inflation was a global problem, the Bank of Canada has stood out from its peers, including...
The central bank confirmed the new official rate of 15,000 pounds per dollar, scrapping the rate of...
The economic growth forecast for 2023/24 is higher than the International Monetary Fund's projection of 6.1%, as...
The outlook turned more positive on the global economy due to better-than-expected domestic factors in several countries,...
The drop comes a day after foreign exchange companies removed a cap on the exchange rate, a key demand...
In a proposal after an annual policy consultation with Japan, the IMF said the central bank's ultra-loose...
The collapse of one of the industry’s largest platforms has already highlighted risks from crypto assets that...
Speaking at a World Economic Forum panel in Davos, Georgieva affirmed an IMF forecast for global growth...
The cabinet also approved a proposal to delay salaries of some public employees to manage public finances,...
The Egyptian pound weakened to about 32 to the dollar from 27.60 at the open on Wednesday before rebounding...
It said deepening trade ties had resulted in a large reduction in global poverty for years, while...
Egypt turned to the IMF for assistance after Russia's war in Ukraine pushed up its bills for...
The pan-European STOXX 600 index (.STOXX) climbed 0.9%, retracing some of the nearly 12% it lost in 2022, bludgeoned...
