IMF staff and the El Salvadoran authorities have reached a staff-level agreement on a new arrangement under the IMF’s Extended Fund Facility (EFF) for about US.4 billion to support the government’s ...
The IMF announced on Wednesday that it had reached an agreement on a $1.4 billion loan deal with the government of El Salvador to strengthen the Central American country's economy.
Jet-setting global bureaucrats can join an exclusive five-star country club outside Washington without coughing up a dime — all part of lavish perks that are effectively subsidized by the US ...
IMF Communications Department Director Julie Kozack said that once the review is completed and approved by the IMF Executive Board, Sri Lanka would gain access to US $ 333 million.
The International Monetary Fund (IMF) has further cut Bangladesh's growth forecast, but kept its projection on inflation elevated for the current fiscal year. The South Asian economy may grow 3.8 ...
The IMF proposes carbon restrictions far exceeding COVID lockdowns to achieve net zero emissions by 2030. These restrictions could lead to economic devastation, energy shortages, and food insecurity.
Ms. Julie Kozack, Director of the IMF Communications Department said that once the review is completed and approved by the IMF Executive Board, Sri Lanka will gain access to USD 333 million.
In a statement, the IMF said it would release about $333m, bringing total funding to around $1.3bn, to the crisis-hit nation. It said signs of an economic recovery were emerging. The country still ...
Nigel Clarke took over as the second Deputy Managing Director of the International Monetary Fund (IMF) on October 31, the same day the fund completed its seventh and eighth reviews of its ...
COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable.
The West African nation last year sought IMF help after it defaulted on debt that had ballooned to almost 100% of gross domestic product by the end of 2022. Under the IMF program, the government ...