Nov 29 IMF director urges targeted COVID approach in China to ease global economic impact By David McHugh, Associated Press IMF Managing Director Kristalina Georgieva urged a “recalibration” of China's tough “zero-COVID" approach aimed at isolating every case “exactly because of the impact it has on both people and on the economy… Continue reading
Oct 06 Global economy ‘likely to get worse before it gets better’ warns IMF By Fatima Hussein, Associated Press The International Monetary Fund is once again lowering its projections for global economic growth in 2023. Continue reading
Jul 14 IMF reaches preliminary deal with Pakistan on $6 billion bailout By Munir Ahmed, Associated Press Pakistan has been facing a serious economic crisis since last year. The release of slightly over $1 billion had been held up this year over IMF concerns about Pakistan's compliance with the conditions of the bailout. Continue reading
Apr 21 WATCH: Treasury Secretary Yellen announces more financial support for Ukraine By Associated Press The United States is providing an additional $500 million in financial assistance to Ukraine to help the beleaguered country sustain salaries, pensions and other government programs while it fends off Russia's invasion. Continue reading
Oct 15 IMF warns global economy could be permanently scarred By Martin Crutsinger, Associated Press The global economy's recovery from the pandemic recession is tentative and uneven and "marked by significant uncertainty" as confirmed coronavirus cases spread in many countries, global finance ministers warned Thursday. Continue reading
Apr 27 WATCH: IMF director discusses economic effects of coronavirus By Candice Norwood The International Monetary Fund’s Managing Director, Kristalina Georgieva, talks about the novel coronavirus pandemic. Continue reading
Apr 17 WATCH: World Bank president pledges to try to cushion virus’ economic blow By Martin Crutsinger, Associated Press World Bank President David Malpass stressed that his agency was well aware of the rising threat from a health crisis that is expected to plunge the global economy into the deepest recession since the Great Depression of the 1930s. Continue reading
Apr 16 WATCH: IMFC held news conference amid coronavirus outbreak By Courtney Vinopal The International Monetary and Financial Committee held a news conference April 16 featuring IMF Managing Director Kristalina Georgieva and IMFC Chair Lesetja Kganyago amid the coronavirus outbreak. Continue reading
Apr 13 IMF cancels debt payments for 6 months for 25 poor nations By Edith M. Lederer, Associated Press The International Monetary Fund has approved $500 million to cancel six months of debt payments for 25 of the world's most impoverished countries so they can help tackle the COVID-19 pandemic. Continue reading
Apr 09 IMF head sees worst economic downturn since Great Depression By Martin Crutsinger, Associated Press IMF Managing Director Kristalina Georgieva said Thursday that the world's poorest countries will be hardest hit. Continue reading