The Latest Breaking News from International Monetary Fund

The head of the International Monetary Fund has praised the European Central Bank’s decision to raise interest rate for the eighth time in a row

The International Monetary Fund has slammed Pakistan’s government over its proposal for the new annual budget, saying it failed to implement a more fair tax system in the draft

Lebanese lawmakers have failed in yet another attempt to elect a president and break a seven-month power vacuum roiling the country

The UK's GDP was boosted by 0.2 percent in April after a fall in March

Although the International Monetary Fund (IMF) has long been the most prominent global institution for promoting financial stability, calls to create regional alternatives are growing louder.

The EU hopes to stem the number of refugees departing for Europe from the country’s coast during an economic crisis.

The merger was finalised just under three months after a rapid agreement brokered by the Swiss government. Meanwhile, European leaders are exerting pressure on Tunisia to accept a $1.9 billion IMF bailout. In other news, financier George Soros is transferring control of his $25 billion empire to his 37-year-old son.

The EU is considering a major financial package for the cash-strapped nation amid a growing refugee and migrant crisis.

Ursula von der Leyen says €900m will be macrofinancial assistance while €105m will help combat people-smuggling