The Latest Breaking News from International Monetary Fund

Economists say cash-strapped Pakistan’s latest plan for economic recovery is likely to take a painful toll on its poor

Lebanese Finance Minister Youssef Khalil said replacing central bank governor Riad Salameh, who has held the job for three decades, would be difficult and that his term may be extended though no consensus has yet been reached. Salameh, who is being investigated by European and Lebanese prosecutors for alleged embezzlement…

Economy and business backdrop is grim, but the energy boom and shareholder payouts have helped

Calls for White House to lose stranglehold on choosing bank’s leadership

China has expressed support for Sri Lanka ahead of a meeting of lenders to poor economies but gave no indication if it might help to cut debts that have plunged the Indian Ocean island nation into financial and political turmoil

Cash-strapped Pakistan sharply increased taxes on natural gas to comply with a long-stalled financial bailout, and both industrial and everyday consumers were expected to feel the pain

Kristalina Georgieva struck a positive tone in a Monday interview, arguing the resilient labor market and China's reopening will boost the U.S. economy.

Talks between the International Monetary Fund and Pakistan will resume virtually on Monday, a Pakistani official said, as the two sides look to reach a deal to unlock funding critical to keep the cash-strapped south Asian country afloat.

International Monetary Fund staff will meet with Ukrainian officials in Warsaw next week, a source familiar with the plans said on Friday, as Ukraine presses for a multi-billion dollar borrowing program to cover its funding needs given Russia's war.