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11 Dec 20
The Zambian government is seeking a financing arrangement with the International Monetary Fund to support its reform efforts after defaulting on a debt payment last month.
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4 Dec 20
Reforms hoped to bring Lebanon back from a state of “bankruptcy” have been presented at a conference organised by the United Nations and French president Emmanuel Macron.
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24 Nov 20
Arab countries’ disproportionate reliance on the sectors hit hardest by Covid-19 means they must continue their economic investment to avoid deepening the crisis, the IMF has said.
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3 Nov 20
France must begin establishing its medium-term fiscal plans to ensure they are ready in time to help the country recover from Covid-19, the IMF has said.
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28 Oct 20
Measures protecting jobs in Europe saved the continent from an even worse recession during the pandemic, the IMF has said, while warning that support should not be withdrawn prematurely.
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14 Oct 20
The global recession caused by Covid-19 will not be as bad as initially feared, but “tremendous uncertainty” remains, the IMF’s top economist has said.
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9 Oct 20
Richer countries need to increase public investment to revive the global economy from its worst crash in recent times, the IMF has said.
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6 Oct 20
Some of the world’s poorest countries will continue to benefit from debt service relief for another six months, after the IMF extended its scheme.
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28 Sep 20
The IMF has lent $90bn since the beginning of the coronavirus pandemic – about one-third of its current total lending commitments.
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22 Sep 20
Covid-19 and lower yield from oil exports threatened to derail Angola’s efforts at economic recovery, but the IMF has lauded the government’s efforts to keep reforms on track.
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11 Aug 20
Egypt’s progress on economic reforms has stalled while it responds to Covid-19, leading the IMF to agree a $5.2bn package to help see the government through the crisis.
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7 Aug 20
Disaster relief to help Beirut rebuild after the blast killed at least 145 people and left 300,000 homeless will be conditional on Lebanon enacting anti-corruption reforms, French president Emmanuel...
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21 Jul 20
The US response to Covid-19 has been particularly challenging for state and local governments, the IMF noted while examining the impact of the pandemic on the world’s largest economy.
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17 Jul 20
Some coronavirus loans from the IMF are effectively being used to pay back loans from private lenders, without any of the money being used by the countries themselves to respond to the pandemic, a...
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25 Jun 20
Global growth is expected to be -4.9% in 2020, 1.9 percentage points lower than the previous projection in April, according to the International Monetary Fund.
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22 Jun 20
Many African countries struggling with the health and economic effects of Covid-19 are relying on rapid help from the IMF to get them through the crisis, but are being told to “keep the receipts” as...
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11 Jun 20
A $5bn crisis deal with the IMF has been hailed as a “great victory” by the president of Ukraine, as his country’s economy struggles with the effects of the Covid-19 pandemic.
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26 May 20
Argentina has defaulted on its debts for the third time since the year 2000, and the president has said he will not enter any restructuring agreement with creditors that delays the country’s economic...
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15 May 20
Egypt’s request for a $2.7bn emergency loan to help offset the financial impact of the coronavirus pandemic has been approved by the International Monetary Fund.
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30 Apr 20
Nigeria has been given an emergency $3.4bn support package from the IMF to deal with the economic impact of coronavirus and the sharp fall in oil prices.
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22 Apr 20
In 1948, the US passed an initiative that sent more than $12bn (the equivalent of about $128bn today) to Western Europe to recover from the Second World War. Dag Detter argues the world will need...
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21 Apr 20
IMF support is “like blood for the human body” during the coronavirus pandemic, the president of Ukraine has said as his country prepares to deal with the economic fallout of the crisis.
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21 Apr 20
Quality information from accruals accounting will be vital for governments when navigating the post-coronavirus recovery, argues Professor Ian Ball from Victoria University of Wellington.
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14 Apr 20
The IMF has wiped six months of debt repayments for 25 of the world’s poorest countries, to give them space to deal with the coronavirus pandemic.
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7 Apr 20
Nigeria has asked for nearly $7bn from multilateral lenders to help it fight the impact of the coronavirus pandemic after its economy was hit by falling oil prices.