The Latest Breaking News from International Monetary Fund

The International Monetary Fund and World Bank on Tuesday said they were racing to provide billions of dollars of additional funding to Ukraine in coming weeks and months, adding the war there is creating "significant spillovers" to other countries.

Russia-Ukraine news from March 2: UN General Assembly resolution condemns Russia for the invasion of Ukraine.

Argentina is poised to "imminently" send an agreement with the International Monetary Fund (IMF) to the country's Congress for approval, government spokeswoman Gabriela Cerruti said on Thursday, signaling the critical debt deal is drawing near.

Since the onset of the COVID pandemic in 2020, South Africa has borrowed a total of about US$7 billion (about R106 billion). The money has come from the International Monetary Fund, the New Development Bank, the African Development Bank, and the World Bank.

SAN SALVADOR, El Salvador — Four months into El Salvador's experiment as the first and only country in the world to adopt Bitcoin as legal currency, the International Monetary Fund had seen enough.

The International Monetary Fund said on Wednesday it had made "good progress" in talks with Tunisia ultimately aimed at a possible rescue package to avert what economists fear is a rapidly looming crisis in the country's public finances. The fund on Tuesday completed a week of online meetings with Tunisian…

The International Monetary Fund (IMF) mission concluded virtual talks on Tunisia by calling on the authorities to implement structural economic reforms. Tunisian sources reported that the Fund stressed the need to reduce subsidies on essential goods such as petrol and staple foods, adding that state resources should be invested in…

By the year 2000, the government of Ghana had borrowed so much that the country was in debt distress. It then subscribed to the Heavily Indebted Poor Countries initiative of the International Monetary Fund and World Bank. Consequently, much of the country’s external debt of over US$4 billion was written…

Tunisia and the International Monetary Fund are in preliminary talks, with an eye on a potential multi-billion-dollar rescue deal for an economy plagued by recession, public debt, inflation and unemployment. The North African nation on Monday started talks with the Washington-based crisis lender, which has called for "deep reforms" and…