Apr 16, 2024 · The International Monetary Fund (IMF) promotes economic stability worldwide, and provides loans for governments in economic distress. It holds annual Spring Meetings with the World Bank, an opportunity for the public to watch live-streamed sessions on issues affecting the global economy.

May 14, 2024 · International Monetary Fund (IMF) is an international organization of 188 member countries established to promote international monetary cooperation, exchange stability and orderly exchange arrangements. It seeks to foster economic growth and high levels of employment and to provide temporary financial assistance to countries to help ease balance of …

Feb 5, 2024 · The International Monetary Fund (IMF) has raised its outlook for global economic growth, with increases for both the US and China. The UN financial agency cited inflation easing more quickly than expected, with its chief economist, Pierre-Olivier Gourinchas, saying that a 'soft-landing' was in sight.

Apr 23, 2024 · The World Bank Group and the International Monetary Fund (IMF) held their annual Spring Meetings from 15-20 April in Washington DC. The week saw the publication of key reports on global growth and financial stability as well as announcements on funding initiatives. The IMF's Kristalina Georgieva will join leaders for the World Economic Forum's Special …

Nov 10, 2023 · The International Monetary Fund (IMF) has upgraded its GDP growth forecasts for China in 2023 and 2024. It now expects China's economy to grow by 5.4% this year, up from its previous forecast of 5%.

Jan 12, 2023 · The IMF has launched a new fund to help low and middle-income countries increase their resilience to long-term shocks like climate disasters and pandemics. Three-quarters of the IMF’s 190 member countries will be eligible to use the Resilience and Sustainability Facility (RSF). Rwanda is the first African country to receive funding from the RSF, of $319 million.

Oct 9, 2023 · Closing gender gaps can help countries recover from the global economic crisis, according to the International Monetary Fund (IMF). Emerging economies and developing countries, the IMF says, have the most to gain. The World Economic Forum’s Global Gender Gap Report urges public and private sector action on gender gaps.

May 15, 2024 · Cyber attacks in the financial sector pose a major threat to global financial stability, the IMF warns. "Governance frameworks to mitigate the risks must keep pace," the agency states.

Greece’s 30 June failure to meet a payment obligation to the International Monetary Fund starkly exposed the wider failure of the Greek financial assistance programme. It was the biggest missed payment in the IMF’s history and highlights the uncertain prospects of repayment of the €24 billion the IMF has outstanding to Greece.

Mar 10, 2023 · The World Bank was in fact one of the institutions to be created as a result of Bretton Woods but it was initially called the International Bank for Reconstruction and Development. The deal also led to the foundation of the International Monetary Fund.