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IMF News

At Dubai summit, IMF chief Christine Lagarde warns Britain on Brexit challenge

UK businesses fear a possible "no-deal" Brexit with the EU will cause economic chaos by imposing tariffs, customs and other barriers between Britain and mainland Europe.

IMF to check Pakistan's debt sustainability before loan: Official

There are concerns that given Pakistan's growing Chinese debt, the same could happen to the Gwadar port and other major CPEC-linked projects in Pakistan.

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Flexible intellectual property will help China to diffuse trade tensions: IMF

After serving as IMF's Chief Economist for more than three years, 66-year-old Obstfeld is set to retire this month-end.

Argentine recession seen bottoming out in 1st quarter: IMF

"The bottom of the recession, the floor, will be hit the first quarter of 2019, and in the second quarter we are going to see a recuperation," IMF mission chief for Argentina Roberto Cardarelli told reporters at a press briefing in Buenos Aires.

IMF says monitoring situation in India; bats for RBI's independence

Sources privy to the development said the government had sent at least three letters on different issues under Section 7 of the RBI Act that gives it powers to issue any direction to the central bank governor on matters of public interest.

IMF should evaluate CPEC projects 'objectively' while granting bailout package to Pakistan: China

This comes after Pakistan agreed to share details of the debt related to the China-Pakistan Economic Corridor (CPEC) with the IMF as he formally sought a bailout package from the international lender.

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It’s a testing time for Pakistan. The economic crisis also presents its new PM with an opportunity to course correct

Pakistan foreign minister says ready to share details of CPEC debts with IMF for bailout package

IMF's Managing Director Christine Lagarde has made it clear that the IMF would require absolute transparency on Pakistan's debts, including those owned by China under the USD 50 billion CPEC.

IMF team to visit Pakistan after request for bailout loans

Analysts say Pakistan is seeking $8 billion in loans in order to address a rapidly growing balance of payments crisis. Pakistan is also seeking fresh loans from China, which has already heavily invested in transport and energy, as well as Saudi Arabia.

World Bank, IMF heads urge US, China to play by trade rules

Leaders of Southeast Asian nations were also gathering in Bali for finance-related meetings, as finance ministers of the Group of 20 industrial nations and officials from the Group of 24 developing economies.

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