Newly-appointed Governor of Central Bank of Iran (CBI) Ali Salehabadi called on the IMF to speed up processing Iran’s request for loans that the country needs to tackle the economic impacts of the coronavirus pandemic.
Persistent supply chain disruptions and pricing pressures are constraining the global economy's recovery from the COVID-19 pandemic, the International Monetary Fund said on Tuesday as it cut growth outlooks for the United States and other major industrial powers.
In remarks to staff, Kristalina Georgieva, the managing director of the International Monetary Fund, denied allegations that she pressured staff to manipulate a report to placate China when she was a top World Bank official and said she cares deeply about the integrity of data and analysis, according to people familiar with the meeting.
Lebanon's new Prime Minister Najib Mikati, who took office last week promising to revive IMF talks to unlock aid, said on Monday there was no time to lose and no easy path to tackle one of history's worst economic meltdowns.
The board of governors of the International Monetary Fund gave the green light to increasing the institution’s lending capacity by $650 billion, the last step in approving an initiative to boost aid to the most vulnerable countries.
The world's richest nations must do more to help the poorest countries withstand the "devastating double-blow" of the pandemic and the resulting economic damage, IMF chief Kristalina Georgieva said Wednesday.
The International Monetary Fund (IMF) estimated in October last year Iran's economy would shrink by five percent in 2020 but has revised upwards its estimate to a 1.5 percent growth in 2020 and a 2.5 percent growth this year, the fund said in its recent World Economic Outlook report.
The International Monetary Fund (IMF) has revised its analysis of Iran’s economic situation in 2020 as its latest estimates suggest that the country recorded a positive economic growth last year despite grappling with US sanctions and the impacts of the coronavirus pandemic.
Iran has asked the International Monetary Fund (IMF) to immediately consider Iran’s request for an emergency loan it needs to battle the economic impacts of COVID-19, the disease caused by the coronavirus pandemic.
The International Monetary Fund is working constructively with Argentina on structuring a lending program, and both sides need to do their part to get there, Managing Director Kristalina Georgieva said Friday.