#International Monetary Fund (IMF)

The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chief Kristalina Georgieva said on Friday, backing a blend ...

Prolonged war in the Middle East and further disruptions to energy production, shipping routes or critical infrastructure pose the biggest risk to economies in the Middle East and Central Asia, ...

The United States cannot grow its way out of mounting public debt without tax or spending adjustments, while China must pivot from export-led growth towards more domestic consumption, International Monetary ...

The strong demand for AI has bolstered growth in China, India and other Asian countries and outpaced the overall growth in global trade, the IMF’s new chief economist Silvana ...

Finance officials from around the world will gather in Bangkok this week under the shadow of a widening war in the Middle East, the biggest-ever energy supply shock and rising ...

Though resilient to geopolitical headwinds, Cyprus’ economy this year will likely slow down due to higher energy prices and lower tourism arrivals, the International Monetary Fund said on Tuesday. The ...

The International Monetary Fund on Friday said it had completed its first review of Ukraine’s $8.1 billion loan programme, paving the way for the war-torn country to receive a second ...

Although the banking sector in Cyprus remains resilient, it displays limited vigour, while any tampering with the foreclosures framework could slow the clearing out of bad loans and also raise ...

Ukraine expects its new $8.2 billion programme with the International Monetary Fund to be formally approved in weeks, its debt chief has told Reuters, a telegraphed but symbolic step, with the ...

The International Monetary Fund warned Cyprus over its “inflated” public sector wage bill in its annual Article IV consultation – an economical health check – on the island. The report wrote that ...

Argentina is easing foreign currency reporting rules to encourage residents to start using an estimated $271 billion in cash dollars squirreled away in mattresses and foreign bank accounts, long held by ...

Officials from the International Monetary Fund, World Bank and key countries met with Syrian authorities this week on efforts to rebuild the war-torn country, emphasizing the need for credible data, ...

Officials will discuss major steps to restore support for Syria from the World Bank and International Monetary Fund at spring meetings next week, though sanctions remain a major obstacle to ...

Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of the International Monetary Fund’s economic forecasts but no global recession is expected, IMF ...

Fresh discussions on the Cost of Living Allowance (CoLA) will get underway after the Easter holiday, media reported on Monday, on the back of the release of an International Monetary ...

The head of Sek union federation Andreas Matsas joined forces with his Pasydy counterpart Stratis Mattheou to have a dig at the IMF, which had warned against any “fiscal loosening.” ...

President Nikos Christodoulides defended the government’s fiscal policy on Saturday, saying it was the responsible policy that allowed it to spend more than €700 million to address issues faced by ...

The International Monetary Fund’s revised outlook for Cyprus’ GDP growth for 2024 is “a vote of confidence” in the island, government spokesman Konstantinos Letymbiotis said on Tuesday. He was commenting ...

The leaders of unions representing public employees – teachers, civil servants, national guard officers, police, hospital doctors, nurses – met on Tuesday to discuss a study about public sector payroll drafted by ...

Civil service trade unions on Tuesday rejected the recommendations of the International Monetary Fund (IMF), which had called for the rationalisation of salary scales and expenditures related to the state ...

The International Monetary Fund praised Cyprus for its strong economic performance in its latest report. It commended the substantial primary surpluses, the ongoing efforts to reduce the public debt and ...

The International Monetary Fund will start a new Ukraine mission in coming weeks to assess the war-torn country’s $15.6 billion loan program and latest economic developments there amid stepped up ...

The International Monetary Fund’s steering committee failed to issue a joint communique on Friday amid disagreements over wars in the Middle East and Ukraine, opting instead for a statement ...

The answer to the barrage of criticism by opposition parties over the government’s decision not to extend the tax discount on fuel beyond last month was provided by the ...