The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of US$88.327 million (SDR 69.40 million) to Malawi under the new Food Shock Window of the Rapid Credit Facility. Malawi is the…
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As the global economy is suffering turbulent times, the IMF has warned Governments that they must reduce budget deficits incurred during the pandemic. The warning comes as energy and food prices soar, causing extreme poverty…
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The International and Monetary Financial Committee met in Washington, DC Friday (October 14), the culmination of the World Bank and IMF Annual Meetings. The group’s Chairman Nadia Calvino of Spain released a statement summarizing negotiations…
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The shared message at the IMF’s seminar on getting to net zero was that the time to act is now. Multilateral institutions including IFIs are key contributors to the climate agenda, and working together to…
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In a wide-ranging interview with IMF Today, President of the European Central Bank Christine Lagarde highlighted tackling inflation as the key challenge over the coming months. Lagarde highlighted Ukraine’s recent gain in Russia’s war on…
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The IMF is warning of a period of ‘extreme volatility’ in financial markets in the latest Global Financial Stability Report released Tuesday (October 11) in Washington, D.C. The global fallout of the highest inflation in…
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Risks have increased since the April 2022 Global Financial Stability Report and the balance is skewed to the downside, announced Tobias Adrian, IMF’s Financial Counsellor today (Tuesday, October 11, 2022) in Washington, DC. Amid the…
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The IMF projects global growth is slowing under the burden of high inflation, impact of Russia’s war in Ukraine and lingering effects of pandemic announced Pierre-Olivier Gourinchas, the IMF’s Chief Economist on Tuesday, October 11…
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Alfred Kammer, Director of the IMF’s European Department held a press conference to address questions about Europe’s economy, including the fallout following the launch of Russia’s war on Ukraine. Alfred Kammer, Director of European Department,…
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International Monetary Fund and Financial Committee (IMFC) Chair Nadia Calvino and IMF Managing Director Kristalina Georgieva summarized the outcome of the 46th IMFC at the 2022 IMF-World Bank Annual Meetings. IMF Managing Director Kristalina Georgieva…
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