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18 Aug 22
Ghana’s central bank has hiked interest rates by the largest jump in 20 years barely one month after the International Monetary Fund said the country needs to “ensure credibility” in its monetary...
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5 Aug 22
European governments should end sweeping support measures keeping fuel prices down and allow prices to rise to encourage people to use less fossil fuels, IMF economists have said.
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2 Aug 22
A group of Zambia’s major official creditors has announced its intention to restructure the country’s debts through a G20 initiative set up amid the disruption of Covid-19.
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27 Jul 22
The International Monetary Fund has warned that further economic disruption linked to the war in Ukraine or future waves of Covid-19 could push the world economy into recession as it published its...
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25 Jul 22
A complete and permanent shutoff of Russian gas into Europe would take close to 3% off Germany’s forecast economic activity next year, the International Monetary Fund has said.
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19 Jul 22
A senior International Monetary Fund official has warned it could be economically unwise to cut taxes, amid calls by many of the prospective new prime ministers to do so.
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15 Jul 22
Pakistan’s economic recovery is dependent on concessional development finance from the International Monetary Fund, the country’s prime minister has said after it released a new tranche of funding.
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13 Jun 22
Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
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31 May 22
Political disagreement over how to manage the economy could mean Tunisia is forced to seek a debt restructuring before it is able to secure a much-needed programme with the International Monetary...
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27 May 22
A bailout deal between the International Monetary Fund and the crisis-hit Sri Lankan government appears to be close following two weeks of technical discussions between officials.
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20 May 22
Sri Lanka’s central bank has confirmed the government has defaulted on foreign debt repayments for the first time in the country’s 74-years of independence.
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11 May 22
Sri Lanka’s central bank governor will resign in two weeks’ time unless political stability can be restored, he told a press conference after the prime minister was forced to quit amid protests.
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10 May 22
Denmark’s plan to double its deficit limit has received the backing of the International Monetary Fund in its latest appraisal of the Danish economy.
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9 May 22
Incoming Costa Rican president Rodrigo Chaves has said he will keep on top of debt payments, having previously said the government needs a new support package from the International Monetary Fund.
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9 May 22
Donald Trump’s $2trn package of tax cuts failed to deliver the promised increased investment in the US economy, a paper from the International Monetary Fund has found.
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6 May 22
The International Monetary Fund has urged “fiscal flexibility” from Ireland as the government faces the twin challenges of supporting the economy through inflation and keeping public finances...
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4 May 22
The International Monetary Fund has approved a “precautionary” credit line for Colombia as it faces risks from inflation, in a bid to reinforce market confidence in the South American country.
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28 Apr 22
Governments in Latin America face an unusually high risk from soaring prices and higher borrowing rates, a combination that could hinder policy action, according to the International Monetary Fund.
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25 Apr 22
Benin has negotiated a $650m programme with the International Monetary Fund amid a worsening security situation, spillovers from the war in Ukraine and lingering effects of Covid-19.
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25 Apr 22
The Ukrainian government will need at least $5bn of additional funding over the next few months to keep the nation operating through the war, according to the International Monetary Fund.
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20 Apr 22
Supply chain constraints exacerbated by the Russian invasion of Ukraine will mean that global GDP will undershoot initial forecasts, according to the International Monetary Fund.
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8 Apr 22
Lebanon and the International Monetary Fund have agreed on a $3bn reform programme seen by many as vital to help turn the crisis-stricken Middle-Eastern economy around.
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7 Apr 22
The International Monetary Fund has cut its projections for Japan’s GDP growth amid Russia’s ongoing invasion of Ukraine, which it said has increased commodity prices and global economic uncertainty.
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30 Mar 22
International Monetary Fund staff have agreed a $470m deal with Mozambique – the first programme since the US-based lender suspended the African country six years ago following a corruption scandal.
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28 Mar 22
Argentina’s $44bn debt deal has been finalised by the International Monetary Fund, but the board said the programme faces “exceptionally high” risks and might need changing.