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International Monetary Fund (IMF)

Sri Lanka

Sri Lanka’s new government faces backlash over IMF debt repayment plan

President Dissanayake has chosen to continue with the current IMF programme, raising concerns about its impact on economic growth and relief for the population.

2 hours agovideocam

Sri Lanka

Sri Lanka’s new leftist government sticks within IMF ‘guard rails’

23 Nov 2024 - 6:09PM

Sri Lanka

Opinion | In Sri Lanka, China and India have a chance to join hands

20 Nov 2024 - 5:30AMvideocam

Banking & finance

‘China plus one’ strategy to boost Asia’s growth amid Trump’s trade war

Diverting investments from China to neighbouring economies as a hedge against tariffs and geopolitical risks will boost Asia’s growth, HSBC’s Elhedery says.

19 Nov 2024 - 5:00PM

Donald Trump’s return to the White House could prove to be boon for Asia, as investments are directed to the region, bankers said at the Global Financial Leaders’ Investment Summit on Tuesday. Photo: Getty Images/TNS

G20

G20 leaders’ declaration urges ‘action’ on wars, climate change

Statement hopeful about ‘soft landing’ for global economy as its silence on North Korean support for Russia reveals China’s sway.

19 Nov 2024 - 8:40AMvideocam

G20

G20 summit begins with Brazilian host laying out ambitious global priorities

Anti-poverty agenda set by Brazil’s leader gains some initial support, but progress is threatened by instability and conflict around the world.

21 Nov 2024 - 6:44AMvideocam

United States

Macroscope | Trump’s tariff weapon may amount to little in a changed world

US-China decoupling and trade diversification across the Asia-Pacific mean Trump’s tariffs are no longer capable of mass destruction.

16 Nov 2024 - 4:30PMvideocam

Donald Trump is reflected in the bullet-proof glass as he finishes speaking at a campaign rally in Lititz, Pennsylvania, on November 3. Photo: AP

United States

Outside In | ‘Trump-proofing’ is distracting the world from far graver challenges

From G20 and Apec to the WTO and Nato, global cooperation on climate, security and open trade and investment must be quickly restored.

15 Nov 2024 - 4:30PMvideocam

US-China trade war

Macroscope | IMF is changing its tune on trade. Should Asian economies listen?

In matters of open trade, Asian policymakers can no longer rely on the IMF, which is now advising Asia to focus on building domestic demand.

9 Nov 2024 - 4:30PMvideocam

Africa

US writes off over US$1 billion of Somalia debt

The announcement is the result of a deal between the two countries signed by Somalia’s finance minister and the US ambassador to Mogadishu.

6 Nov 2024 - 4:27AM

Somalia is one of the poorest countries on the planet, enduring decades of civil war, a bloody insurgency by the al-Qaeda linked jihadist group al-Shabaab, and frequent climate disasters. Photo: AP

Banking & finance

IMF welcomes US-sanctioned former Russia central banker

Former first deputy governor of Bank of Russia Ksenia Yudaeva has been elected as the IMF’s executive director for Russia and Syria.

2 Nov 2024 - 8:31PM

The International Monetary Fund headquarters in Washington. Photo: Reuters

Banking & finance

Macroscope | Why stock market confidence may just be the calm before the storm playing

The lack of financial market volatility amid economic uncertainty related to geopolitical risks should worry more people.

26 Oct 2024 - 5:34PM

US-China relations

Janet Yellen, senior China finance official discuss Beijing’s stimulus measures

US Treasury chief reiterates Washington’s concerns about industrial overcapacity and impact on American workers and firms.

26 Oct 2024 - 4:24PMvideocam

Climate change

Outside In | Nature needs saving but where will the West find the money?

However leaders feel about biodiversity and global warming, there is almost no money where their mouths are.

25 Oct 2024 - 6:51PMvideocam

A ranger reaches out towards female northern white rhino Najin, one of the last two northern white rhinos on the planet, in her enclosure at Ol Pejeta Conservancy in Kenya on August 23, 2019. Photo: AP

Global monetary policy

As China urges global financial reform, Global South ties more crucial: analysts

The world’s second-largest economy is looking to balance the scales of international financial governance under a system dominated by the World Bank and IMF.

24 Oct 2024 - 8:30PMvideocam

President Xi Jinping speaks at the Brics summit in Russia on Wednesday. Photo: Reuters

China-EU relations

Defend euro as China, Russia push for alternative currency: Europe’s bank chief

Next US leader also urged to weigh negative impacts of American and EU trade ‘restrictions and barriers’ on economic growth and inflation.

24 Oct 2024 - 5:16AMvideocam

China GDP

IMF lowers China GDP forecast on property, consumer confidence despite stimulus

China’s economy is projected to grow by 4.8 per cent this year, the International Monetary Fund said in its World Economic Outlook.

22 Oct 2024 - 9:00PMvideocam

Central banks

As global debt nears US$100 trillion, IMF urges action

International Monetary Fund economists warn that failure to address rising debt could lead to ‘significant spillovers’ for the world economy.

20 Oct 2024 - 1:06PM

Sri Lanka

Sri Lanka’s Dissanayake seeks strong win in election to advance crucial reforms

Anura Kumara Dissanayake’s National People’s Power, which holds only three seats currently, is aiming to win a parliamentary majority.

18 Oct 2024 - 12:00PMvideocam

Pakistan

IMF’s demand to end investment perks in Pakistan could hit Chinese projects

The condition is likely to deal a blow to a new export processing zone being planned in Karachi.

11 Oct 2024 - 3:54PMvideocam

Middle East

Opinion | How a wider Middle East war could bring a world recession

Volatile oil prices, shaky investor confidence and prospects of interest rate increases threaten a global slowdown if Israel’s war expands.

5 Oct 2024 - 5:59AMvideocam

Sri Lanka

Sri Lanka’s new president sparks optimism, doubts over IMF loan revamp persist

President Anura Kumara Dissanayake promises Sri Lankans that his coalition government aims to end the country’s economic and debt crisis.

25 Sep 2024 - 1:51AMvideocam

Sri Lanka

Sri Lanka elects leftist leader in rejection of political elite

23 Sep 2024 - 6:31PM

Sri Lanka

Marxist-leaning Dissanayake set to become Sri Lanka’s next president

Dissanayake polled 42.3 per cent of the votes, a massive boost to the 3 per cent he managed in the last presidential election in 2019.

23 Sep 2024 - 6:55PMvideocam

Sri Lanka

Sri Lanka votes in first poll since economic collapse

The current leader faces an uphill battle to convince Sri Lankans his economic recovery plan is working and he deserves a second term.

21 Sep 2024 - 12:48PMvideocam

Sri Lanka

Sri Lanka’s 3-way presidential race: will the economy or ethnic issues prevail?

Analysts predict the race will narrow to Anura Kumara Dissanayake, Ranil Wickremesinghe and Sajith Premadasa, each offering distinct visions.

20 Sep 2024 - 11:04AMvideocam

Voters wave Sri Lankan flags during a public rally in Colombo. Photo: AP

US-China relations

‘Tenuous’ link between uneven China-US trade, industrial policy: IMF economists

International Monetary Fund report released on same day China’s Ministry of Commerce unveiled its findings on US compliance with the World Trade Organization.

12 Sep 2024 - 11:53PMvideocam

Banking & finance

Opinion | Bretton Woods should heed the cries for fair play or go

The Global South is right to demand change of a global financial system that is neither ecologically nor financially sustainable.

7 Sep 2024 - 1:18AMvideocam

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International Monetary Fund (IMF)

Latest news, features and opinion on the International Monetary Fund (IMF). The 189-nation IMF promotes global monetary cooperation, facilities trade, encourages sustainable growth and makes funds available to countries experiencing fiscal difficulties.

last updated:

9 September, 2024