The International Monetary Fund (IMF) cut Asia’s economic forecasts on Friday as global monetary tightening, rising inflation blamed on the war in Ukraine, and China’s sharp slowdown dampened the region’s recovery prospects.

IMF cuts Asia's economic forecasts & says China slowdown to drag on Asia growth

IMF has warned the Asian economies by looking at the major challenges faced by global economies especially Asia. IMF has cut Asia's economic forecast on global monetary tightening rising inflation and Ukraine war.

WION Business Watch: IMF cuts Asia's economic forecasts; 'China slowdown to drag on Asia's growth'

The IMF says that there is an increasing risk of a global recession. What kind of challenges will a global downturn bring for India?

Gravitas: The challenges before the Indian Economy

Ukrainian President Volodymyr Zelensky said that Russia used missiles and Iran-made drones to target civilians and energy infrastructure in a series of deadly strikes.

Ukraine PM: Ukraine receives additional emergency aid from IMF

The IMF has revised its economic projections for 2023. It forecasts a lower GDP but says a recession is not likely. However, it warns that 2023 will feel like a recession for many people. Priyanka Sharma tells you more.

Gravitas: IMF reduces 2023 GDP outlook

On Wednesday, the top International Monetary Fund (IMF) official during a press briefing described India’s implementation of a direct cash transfer scheme and other similar social welfare programmes as a “logistical marvel” given the sheer size of the country.

‘A lot to learn’ from India: IMF praises direct cash transfer and other government schemes

The International Monetary Fund (IMF) said that the global economic growth is expected to slow down by almost 0.2 percentage points in comparison to its July forecast. According to the latest data, the global economy will grow by 2.7 percent in 2023 resulting in recession in some countries.

IMF cuts global growth forecast for 2023, warns ‘the worst is yet to come’

The International Monetary Fund (IMF) said on Tuesday that the global economic growth is expected to slow down by almost 0.2 percentage points in comparison to its July forecast.

IMF cuts 2023 global growth to 2.7%, India set to be one of fastest-growing economies

IMF chief Kristalina Georgieva urged global policymakers on Thursday to take concerted action to avoid a dangerous 'new normal' as the risks of a worldwide recession are driven ever higher by repeated economic shocks.

IMF chief urges global policymakers for timely action as global recession risks rise

Global recession can be avoided if governments' fiscal policies were consistent with monetary policy tightening, the International Monetary Fund's managing director said on Monday.

World Business Watch: IMF chief Georgieva says global recession avoidable

After the UK unveiled its biggest tax package in 50 years, the IMF has issued a rare & stinging rebuke. It has asked UK to re-evaluate the tax cuts, calling them a threat to the 'cost of living' crisis. Priyanka Sharma explains.

Gravitas: IMF issues a rare & stinging rebuke to the UK

The British treasury has defended the country’s decision to announce big tax cuts in its latest mini budget after criticism from the International Monetary Fund (IMF).

UK Treasury justifies latest economic measures after sharp criticism from IMF

The International Monetary Fund (IMF) on Sunday said that it will work with the international community to support flood relief and reconstruction efforts in Pakistan following the devastating floods.

IMF to work with international community to support flood-ravaged Pakistan

The International Monetary Fund (IMF) on Tuesday announced that it is moving forward to increase the emergency funds for nations affected by rising food prices and shortages brought on by the Russia-Ukraine crisis, with nearly 20 to 30 countries in urgent need.

IMF confirms 'food shock window' plan to assist countries with food crisis

Sri Lanka is also witnessing an economic crisis. Top officials are in talks with the International Monetary Fund over a fresh $2.9 billion program. The two parties are trying to set out an ambitious primary surplus target of 2.3 percent of GDP by 2025 that will mean having to increase state revenue significantly.

Sri Lanka: Colombo continues talks with the IMF, fresh $2.9 bn programme in talks

India has overtaken the United Kingdom to become the fifth largest economy in the world, according to Bloomberg, which has cited GDP figures from the International Monetary Fund.

India overtakes UK to become world’s fifth largest economy

According to data from the International Monetary Fund, India has now reportedly overtaken the United Kingdom to become the 5th largest economy in the world. IMF has also predicted that India could beat Germany to the 4th place by the year 2027.

Indian economy surpasses UK's, beats GDP in nominal cash terms

The International Monetary Fund (IMF) announced a $2.9 billion bailout for Sri Lanka on Thursday as the country suffers from its worst economic crisis since gaining independence in 1948.

Sri Lanka and IMF reach staff-level agreement for $2.9 billion bailout loan

There seems to be some respite for Sri Lanka which is battling is worst hit economic crisis in history. The International Monetary Fund has announced a preliminary bailout package worth $2.9 billion for the struggling island nation.

WION Dispatch | Sri Lanka: IMF agrees to bailout, preliminary agreement to restructure economy

Sri Lanka: IMF agrees to $2.9 billion bailout, preliminary agreement to restructure economy

Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday.

WION Dispatch | Reports: Sri Lanka seals staff-level agreement with IMF on loan

Sri Lanka is soon going to strike a loan deal with the International Monetary Fund. According to the media reports, Sri Lanka has reached a preliminary agreement on an emergency loan with the IMF and a formal announcement is likely to be made on Thursday.

Sri Lanka locks preliminary loan deal with IMF: Reports

Pakistan's Finance Minister Miftah Ismail said on Monday (August 29) that the International Monetary Fund (IMF) had approved an agreement to revive a massive loan programme for Pakistan.

IMF greenlights revival of Pakistan loan programme

Pakistan is finally going to get some respite with an aid to pull up its crumbling economy. The International Monetary Fund has approved an agreement to revive a massive loan program amidst the recent incessant rainfall and devastating floods that have marred the south Asian nation.

Pakistan to get $1.17 billion immediate aid from IMF amid crumbling economy, catastrophic floods

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