The Latest Breaking News from International Monetary Fund

U.S. Treasury Secretary Janet Yellen made an unannounced trip to Ukraine to reinforce the Biden administration’s support and highlight the economic aid that’s helping keep the embattled nation’s schools, hospitals and other essential services running as Russia’s invasion enters its second year.

Finance ministers of the world's largest economies on Saturday strongly condemned Moscow's war on Ukraine, with only China and Russia refusing to sign a joint statement. India, the current chair of the Group of Twenty (G20), was reluctant to raise the issue of the war, but Western countries insisted they…

There are some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund said on Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies should be an option.

The great statesmanship and leadership that the United States showed during and after World War II is well known. America was the world's preeminent political, economic, and military power, and instead of using its position to penalise the losers and demand reparations, it helped plan and found multilateral global-governance institutions…

Even if inflation fades, with interest rates staying higher for longer, the founder and president of Rosenberg Research fears a recession is on the way.

If selected, Banga will assume a crucial job at the 77-year-old institution that oversees the provision of billions of dollars of funding to developing countries

Quantifying the toll of Russia’s war in Ukraine remains an elusive goal a year into the conflict

France will not sign off on a G20 communique unless it contains the same denunciation of Russia's invasion of Ukraine as it did last year, its finance minister said on Friday on the sidelines of a G20 meeting in India.

The issues that led Sri Lanka to become an economic basket case in 2022 serve as a warning for other nations.