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Crisis-hit Sri Lanka strikes preliminary loan pact with IMF: Sources
Crisis-hit Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a bailout, four sources with direct knowledge of the plan have told Reuters.
Middle East states set for $1.3t oil windfall, says IMF
Energy-rich Middle East states are set to reap up to $1.3t in additional oil revenues over the next four years, according to the International Monetary Fund, as they enjoy a windfall that will bolster the firepower of the region’s sovereign wealth funds at a time when global asset prices have sold off.
IMF cuts global growth forecasts, warns high inflation threatens recession
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.
Bangladesh seeks IMF support to head off financial crisis
Bangladesh has asked the International Monetary Fund for support in riding out a financial shock triggered by volatile energy prices after Russia launched its military operation in Ukraine in February, officials said Tuesday.
IMF chief warns natural gas disruptions could trigger recession in Europe
The global economic outlook remains extremely uncertain, the head of the International Monetary Fund said on Wednesday, warning that further disruption in the natural gas supply to Europe could plunge many economies into recession.
Sri Lanka makes progress towards IMF support: IMF
The International Monetary Fund said its talks with crisis-hit Sri Lanka had been "constructive" on Thursday, raising hopes it would soon grant preliminary approval for a desperately needed financial support package.
IMF board concludes reviews for Ecuador, unlocking $1b
The International Monetary Fund executive board said Friday it had concluded its fourth and fifth reviews for Ecuador's 27-month Extended Fund Facility (EFF), allowing for the immediate disbursement of about $1 billion.
Sri Lanka opens IMF talks, begins shutdown
Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout.
IMF extends Somalia funding following election
The International Monetary Fund (IMF) has agreed to extend the duration of a crucial aid package to Somalia, a senior official said, following a long-overdue presidential election last weekend.
IMF lifts weighting of Chinese yuan in SDR basket
The International Monetary Fund said it has increased the weighting of the Chinese yuan in its review of the currencies that make up the valuation of its Special Drawing Rights (SDR), an international reserve asset.
OPEC tells IMF oil price rally mainly due to geopolitics
OPEC told the International Monetary Fund's steering committee that the surge in oil prices was largely due to the Ukraine conflict, in the latest signal that the producer group would not take further action to add supply.
World Bank, IMF, WTO leaders urge quick action to address food security
The leaders of the International Monetary Fund, World Trade Organization and the World Bank called for quick work on a new action plan on food security to be prepared by international financial institutions.
IMF expects Iran economy to keep growing in 2022
The International Monetary Fund (IMF) expects the Iranian economy will continue to grow in 2022 despite continued pressure on the country because of American sanctions and the economic impacts of the coronavirus pandemic.
IMF cuts global growth forecast
The International Monetary Fund on Tuesday slashed its forecast for global economic growth by nearly a full percentage point, warning that inflation was now a "clear and present danger" for many countries.

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