IMF surcharge burden on distressed countries calls for urgent reform
Surcharges neither ensure repayment nor protect IMF finances. Their main effect is to increase the burden of debt payments ...
International Monetary Fund12m
IMF Managing Director Appoints Yan Liu as General Counsel and Director of the Legal Department
IMF Managing Director Appoints Yan Liu as General Counsel and Director of the Legal Department - Washington, DC – September 20, 2024: Kristalina Georgieva, Managing Director of the International ...
World economy faces pressures similar to 1920s slump, warns Christine Lagarde
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change ...
Watch: The economy is the biggest issue in Sri Lanka’s presidential election
Sri Lanka's presidential election on September 21 features 39 candidates, including frontrunners Wickremesinghe, Premadasa, and Dissanayake.
Emerging-Market Currencies Fluctuate as Post-Fed Euphoria Dims
Emerging-market currencies oscillated between gains and losses as the risk-on sentiment following the Federal Reserve’s half-point rate cut faltered.
Interfax47m
Ukrainian finance minister submits 2025 draft budget to Rada
The draft budget estimates Ukraine's need for foreign financing in 2025 at $38.4 billion. The Finance Ministry said the estimate was agreed with International Monetary Fund (IMF) experts during their ...
Opinion
Pivot to watch: On the U.S. Fed’s rate reduction, its impact
The U.S. Federal Reserve’s move to cut interest rates could spell relief for emerging and developing economies in Africa and Latin America ...