Published: Jul 21, 2022
The International Monetary Fund (IMF) intends to complete talks with Sri Lanka “as quickly as possible,” Managing Director Kristalina Georgieva said on Wednesday, hours before the Parliament voted Acting President Ranil Wickremesinghe as the President.
Published: Jul 01, 2022
The International Monetary Fund (IMF) personnel that remained in Sri Lanka from 20-30 June to study the exact reasons for the current economic crisis in the country and design a comprehensive economic programme have stressed the need to reduce ‘corruption vulnerabilities’ in Sri Lanka.
Published: Apr 26, 2022
India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its debt.
Published: Apr 22, 2022
Ukrainian President Volodymyr Zelenskiy on Thursday (April 21) told participants in World Bank/IMF meetings that Ukraine needs $7 billion per month to make up for economic losses caused by Russia's invasion of his country.
Published: Apr 20, 2022
WASHINGTON -- The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage point lower than the January projection, according to its newly released World Economic Outlook (WEO) report.
Published: Oct 20, 2021
WASHINGTON - The International Monetary Fund on Tuesday revised down its 2021 economic growth forecast for Asia to 6.5 percent, down by 1.1 percentage points from its April projection, according to a newly released regional economic outlook.