Good morning, everyone, both to those of us here in person and also those joining us online. Welcome to this IMF Press Briefing. I am Julie Kozack, Director of Communications at the IMF. As usual, this briefing is embargoed until 11:00 a.m. Eastern Time in the U.S. I will start with some announcements and then we'll move to your questions in person, on Webex, or through the Press Center.
These Are The 10 Countries Most In Debt To The IMF Established in 1944, the International Monetary Fund (IMF) supports countries’ economic growth by providing financial aid and guidance on policies to enhance stability, productivity, and job opportunities. Countries seek loans from the IMF to address economic crises, stabilize their currencies, implement structural reforms, and alleviate balance of payments difficulties. In this graphic, Visual Capitalist's Bruno Venditti...
LUSAKA, May 9 (Reuters) – The International Monetary Fund said on Thursday it would continue discussions with Zambian authorities on policies that would unlock the next disbursal from a $1.3 billion, three year loan programme. An IMF staff team was in Lusaka from April 24 to May 7 to discuss Zambia’s economic policies for its third review of the country’s
TOKYO >> The International Monetary Fund (IMF) said Japan’s commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability, warning against growing calls by some analysts to use monetary policy to slow the currency’s decline.
Egypt’s Ministry of Environment and the International Monetary Fund (IMF) met on 18 May to discuss a USD 1.2 billion (EGP 56.1 billion) long-term package to bolster the country’s climate policies and projects. This potential financing comes in light of the USD 8 bn (EGP 374 billion) expanded facility agreement in March 2024, which allows Egypt to apply for additional funding to combat climate change. The climate financing package falls under the IMF’s Resilience and Sustainability Facility,...
The International Monetary Fund warned the Maldives against looming "debt distress" Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor China.
The International Monetary Fund warned the Maldives against looming "debt distress" Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor China.
The International Monetary Fund more than halved its 2024 economic growth forecast for Zambia as the worst drought in more than four decades hits farming and electricity production.
IMF warns that foreign currency shortages will persist in Tanzania this
The International Monetary Fund, Argentina's biggest creditor, agreed Monday to release the next tranche of loans due under a bailout program, endorsing government austerity measures so severe they even surpass the terms of its $43 billion loan. The IMF deal follows the completion of its review of Argentina's compliance record
The International Monetary Fund (IMF) has pointed out that the government’s strong policy and reform efforts under the programme are bearing fruit, and signs of economic stabilisation are emerging. According to the Fund, growth in 2023 was higher than anticipated, inflation has been declining rapidly, while the fiscal and external positions have improved, and exchange […]
Charities and campaign groups are calling on bodies to say they may stop funding country if legislation comes into effectThe World Bank and the International Monetary Fund are coming under pressure to use their financial might to persuade Ghana to reconsider a proposed law that could lead to anyone who identifies as LGBTQ+ being jailed for three years.Charities and campaign groups are calling on the global development bodies to tell Ghana they may stop funding the country if the proposed...