Oil falls on rate hike worries, Russian export flows
Oil prices fell on Tuesday as the prospect of further interest rate increases and ample Russian crude flows outweighed demand recovery expectations from China. March...
IMF
Tough year ahead for the global economy, IMF’s Georgieva warns
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States,...
IMF executive board approves $3 bln Egypt extended arrangement
The International Monetary Fund (IMF) executive board has approved a 46-month $3 billion financial support package for Egypt, saying it will catalyse additional funding of...
Energy security, climate change and geopolitics
The scramble for quick solutions to secure affordable and reliable energy could imperil climate action There is no question that the energy crisis has forced...
Ukraine’s Marchenko to chair IMF, World Bank governing boards in 2023
The shareholders of the International Monetary Fund and World Bank on Friday selected Ukrainian Finance Minister Serhiy Marchenko as the next rotating chair of the boards of...
IMF upgrades Cypriot economy 2022 growth rate compared to April forecast
The International Monetary Fund (IMF) has upgraded its forecast on the growth rate of the Cypriot economy in 2022 to 3.5 per cent of the...
Lebanon parliament postpones budget talks, slowing IMF reform checklist
Lebanon’s parliament on Friday suspended talks on the 2022 budget after a walk-out by lawmakers sent attendance below quorum, further delaying efforts to complete requirements...
IMF warns of risks, government pledges to pay heed
The International Monetary Fund (IMF) executive board on Wednesday evening concluded its article four consultation for Cyprus, which included an assessment of the country’s economic...
Standoff with Lebanon banks could derail IMF deal, minister says
Lebanon’s efforts to secure $3 billion in International Monetary Fund support to help it tackle its financial crisis could be derailed by divisions over how...
Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss
Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles with prolonged power...
