international monetary fund

Treasury Secretary Janet Yellen has urged world finance leaders to “get concrete” as they look for ways to combat a looming crisis over food insecurity around the globe that Russia’s war in Ukraine has made worse

“We still expect the world to be in positive growth territory,” the IMF director said Thursday.

While the current account surplus and the level of reserves are much higher among Asian countries this time around, the debt burden has also risen.

“There are large risks associated with the use of bitcoin on financial stability, financial integrity, and consumer protection,” says the International Monetary Fund.

The IMF expects the global economic recovery to continue, Kristalina Georgieva said, but stressed that it was “losing some momentum.”

The IMF is concerned about cryptocurrencies, particularly because the market is growing at a significant pace.

“We may have a very modest downgrade in the cards for the euro zone,” IMF Managing Director Kristalina Georgieva told CNBC on Monday.

It would be “appropriate” for the Fed to accelerate tapering and bring forward the path for rate hikes, the International Monetary Fund said.

Pakistan’s economy is still teetering on the brink of crisis — the country faces record inflation that is pushing the price of daily commodities higher.

Asia’s economy is forecast to grow by 6.5% in 2021, lower than the previously projected 7.6%, said the IMF.

Afghanistan’s gross domestic product could see a contraction of up to 30% following the Taliban takeover, the IMF said in its latest regional economic report.

The revised outlook for this year comes amid supply chain issues in advanced economies and a worsening health situation in emerging countries.

Central banks such as the Fed should be preparing to tighten policy in case inflation gets out of control, the International Monetary Fund warned Tuesday.

“The Executive Board reaffirms its full confidence in the Managing Director’s leadership and ability to continue to effectively carry out her duties,” said IMF.

Kristalina Georgieva, managing director of the IMF, is under pressure after allegations that she told staff at the World Bank to amend rankings to China’s benefit.

With an average daily trading volume of $183 billion, gold is one of the largest financial assets in the world. But not all investors are in love with gold

The World Bank has become the latest international organization to pause aid disbursements to Afghanistan following the Taliban’s takeover.

For the most part, the Washington-based institution sees these price pressures as transitory. However, it warned that “uncertainty remains high.”

The predicted year for gender parity on executive boards at these publicly-listed U.K. firms has gone up by four years to 2036, according to the research.

Vaccine policy will top all other economic polices this year as the world tries to recover from the coronavirus crisis, the IMF’s Kristalina Georgieva said.