The United States and other Group of Seven nations are considering reallocating $100 billion from the International Monetary Fund's warchest to help countries struggling to cope with the COVID-19 crisis, the White House said.

US says G7 may reallocate $100 billion from IMF funds to COVID-ravaged nations

French President Emmanuel Macron said on Tuesday a summit in Paris on Africa financing had agreed to work towards persuading rich nations by October to reallocate $100 billion in IMF special drawing rights monetary reserves to African states.

France, African leaders push to redirect $100 billion in IMF SDR reserves by October 

The International Monetary Fund (IMF) has warned that Latin America's recovery from the pandemic crisis is lagging the rest of the world and the economy will not return to its pre-pandemic level until 2024.

IMF warns, Latin America's economy will be last to recover

Europe faces more risks to its economic recovery due to Covid-19 variants and delays in vaccination campaigns that threaten to prolong the health crisis, the IMF said on Wednesday.

Europe needs more short-term aid to counter continued Covid risks: IMF

The new wave of Covid-19 infections sweeping parts of India is "worrisome" and threatens the 12.5 per cent growth projection, an International Monetary Fund expert for the region said on Tuesday.

Covid surge in India 'worrisome', threatens growth prospects: IMF

The idea of forgiving debt held by poor countries in exchange for "green" investments gained ground this week during the spring meetings of the IMF and World Bank, with concrete proposals expected in time for a global climate summit this fall.

IMF, World Bank begin push to swap debt relief for green projects

India, which is projected to grow at an impressive rate of 12.5 per cent this year, needs to grow at a much faster pace to make up for the unprecedented contraction of eight per cent that it clocked during the COVID-19 pandemic in 2020, according to a senior IMF official.

India needs to grow faster to make up for contraction during Covid-19: IMF

International Monetary Fund (IMF) on Tuesday raised its growth forecast for Indian economy by 100 basis points to 12.5 per cent for fiscal year 2021-22. India is the only country expected to register a double-digit growth this fiscal.

India's growth projection raised to 12.5% for FY22 by IMF

Considering a hard year that Kenya has had due to the existing financial constraints and the added pressure of the coronavirus pandemic, the IMF has approved a $2.

IMF approves $2.3 billion aid package for Kenya amid coronavirus crisis

The coronavirus pandemic has worsened long-standing inequalities around the world, which left unaddressed could undermine economic stability and lead to unrest, the IMF warned on Thursday.

Spend more, tax wealthy: IMF warns pandemic could worsen inequality, fuel social unrest

The International Monetary Fund said on Wednesday it approved a $500 million disbursement to Pakistan for budget support after the IMF Executive Board completed delayed reviews of Pakistan`s $6 billion loan program.

IMF approves $500 million disbursement to Pakistan

The world`s financial leaders are expected on Friday to agree to continue supportive measures for the global economy and look to boost the International Monetary Fund`s resources so it can help poorer countries fight off the effects of the pandemic.

G20 to show united front on support for global economic recovery, cash for IMF

The World Bank has selected former Senegal finance minister Makhtar Diop to lead the agency responsible for private sector finance at a critical time for the global recovery.

Former Senegal finance minister to head IFC, World Bank declares

Days before the Myanmar coup unfolded, the International Monetary Fund sent $350 Million to Myanmar. The entire amount was sent in cash, to help the country battle COVID-19 outbreak. Now, what IMF can do to withdraw the funds?

IMF sent $350 Mn cash as COVID-19 financing program to Myanmar before coup

For weeks, farmers' unions have been protesting in and outside the nation’s capital, demanding the withdrawal of recently passed legislation they say, without evidence, was designed to benefit corporates.

India’s new agriculture laws have potential to raise farm income: IMF's Gita Gopinath

The IMF on Tuesday projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic.

IMF projects 11.5% growth rate for India in 2021

IMF chief has praised India for taking "very decisive" steps to tackle the coronavirus pandemic and the "economic consequences" it brought, hoping the country to do more this year to push forward the economy.

IMF chief praises India for taking 'decisive' steps to tackle Covid-19

The International Monetary Fund on Friday lowered its 2021 growth forecast for China to 7.9 percent, following a year of "significant human and economic costs" inflicted by the Covid-19 crisis.

IMF lowers China growth forecast to 7.9% for 2021

China will prioritise stability in monetary policy in 2021, and any steps to exit stimulus measures will have a small impact on the economy, the Xinhua news agency on Friday quoted central bank governor Yi Gang as saying.

China central bank will prioritise monetary policy stability in 2021

Data is the new gold has become a common phrase these days. Turns out, a few researchers at the International Monetary Fund agree. Mega companies are now under radar for how they use user data.

IMF thinks your browsing history should be used to determine your credit score

India's economy, severely affected by the coronavirus pandemic, is gradually recovering, the International Monetary Fund said on Thursday.

Indian economy is gradually recovering: IMF

The IMF fund programme for cash-strapped Pakistan may not be back on tracks in a formal way very soon as the authorities in the country struggle with difficult political and economic conditions, a media report said on Friday.

IMF programme for Pakistan unlikely to be back on track soon, report says

The IMF last month forecast a 2020 global contraction of 4.4 per cent and a return to growth of 5.2 per cent in 2021

IMF tells G20 countries to ‘keep spending’ on Covid-19 crisis

The International Monetary Fund(IMF) warned on Wednesday that Asia would witness sharper-than-expected contraction in economic activity amid the coronavirus pandemic.

India's economy to shrink 10.3%, China to expand 1.9% this year: IMF

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