IMF

Good planning requires accurate data

An economy without an independent source of data is like an aircraft flying without its airspeed sensors.
20 August 2022, 14:45 PM

India suggests IMF, World Bank to reclassify Sri Lanka as lower-income country temporarily

India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its debt.
25 April 2022, 05:36 AM

IMF says talks on Sri Lanka's loan request 'fruitful'; World Bank preparing aid package

The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.
24 April 2022, 08:24 AM

Bangladesh joins regional capacity development centre

Bangladesh is going to be the part of a joint initiative to establish a regional body in South Asia to enhance skills and capacity development of public sector officials and bankers.
12 March 2016, 06:46 AM

IMF says world at risk of 'economic derailment'

The International Monetary Fund (IMF) warns that the global economy faces a growing "risk of economic derailment."
9 March 2016, 12:43 PM

IMF downgrades global forecast

The International Monetary Fund downgrades its forecast for global economic growth, expecting economic activity to increase 3.4% this year followed by 3.6% in 2017.
19 January 2016, 14:53 PM

IMF chief Lagarde 'to stand trial in France'

IMF chief Christine Lagarde is to stand trial in France for alleged negligence over a €400m (£291m; $434m) payment to a businessman in 2008, local media say.
17 December 2015, 15:36 PM

China gives currency largest boost in a decade

China raised the central rate for its yuan currency by the largest amount in a decade on Monday, officials and reports said.
2 November 2015, 06:19 AM

Nobel Economics Prize to wrap up 2015 awards season

The 2015 Nobel season wraps up with the announcement of the winner of the economics prize, which could go to research into the job market or consumer behaviour, though no obvious frontrunner stands out.
12 October 2015, 06:46 AM

WB official meets Muhith, talks $1.9bn financing

A senior World Bank official has met Finance Minister AMA Muhith in Peru and discussed a new financing scheme of $1.9 billion.
11 October 2015, 04:37 AM

Greece debt crisis: IMF attacks EU over bailout

The International Monetary Fund attacks the bailout deal offered by eurozone leaders to Greece.
15 July 2015, 04:38 AM

Greece debt crisis: MPs to vote on new bailout plan

Greek MPs are to vote later on whether to back PM Alexis Tsipras's tough new proposals to secure a third bailout.
10 July 2015, 08:09 AM

IMF lowers 2015 global growth forecast to 3.3pc

The International Monetary Fund lowers its 2015 global economic growth forecast warning of the risk of "financial stress" in Europe from the Greek debt crisis.
9 July 2015, 13:53 PM

Greek finance minister resigns

Greek Finance Minister Yanis Varoufakis announces his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package.
6 July 2015, 06:19 AM

Greece misses IMF payment deadline

Greece misses deadline for a €1.6bn (£1.1bn) payment to the International Monetary Fund (IMF), hours after eurozone ministers refused to extend its bailout.
1 July 2015, 04:34 AM

Europe's attack on Greek democracy

The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors.
30 June 2015, 18:00 PM

Dominique Strauss-Kahn acquitted of 'aggravated pimping'

A French court acquits former IMF chief Dominique Strauss-Kahn of procuring prostitutes for sex parties in France, Belgium and the US.
12 June 2015, 11:44 AM

Spanish police search home and office of ex-IMF chief Rodrigo Rato

Spanish authorities search a former IMF chief's home and office over suspected fraud and money laundering regarding his personal wealth.
17 April 2015, 05:40 AM

Slow growth, Greek crisis, Ebola on menu as IMF, World Bank meet

A sluggish global economy, the Greek debt crisis and continuing fallout of the Ebola epidemic will take focus beginning Thursday when top finance officials gather for the World Bank and IMF Spring meetings.
16 April 2015, 18:00 PM

Bangladesh’s economy to grow by 6pc: IMF

A mission of the International Monetary Fund (IMF) today forecast that Bangladesh’s economy will grow by 6 percent in the current fiscal year, down from the government’s target of 7.3 percent and World Bank’s 6.2 percent.
10 March 2015, 12:41 PM