International Monetary Fund
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IMF projects rosier global economic outlook for 2023, expects inflation to easeThe International Monetary Fund now expects the world economy to grow 2.9 per cent this year thanks to China dropping its zero-tolerance COVID-19 measures.EconomyJan 30
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Fragmentation could cost global economy up to 7% of GDP: IMFThe note said that the global flows of goods and capital had leveled off after the global financial crisis of 2008-2009, and a surge in trade restrictions seen in subsequent years.EconomyJan 15
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Global economy faces ‘tougher’ year in 2023, IMF head warns"Why? Because the three big economies -- the U.S., EU and China -- are all slowing down simultaneously," Kristalina Georgieva said.WorldJan 1
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Central banks must continue raising interest rates to hit ‘neutral’ level: IMF chiefCentral banks have to bring rates up because "when inflation runs high, that undermines growth, it hits the poorest parts of the population the hardest," says Kristalina Georgieva.WorldOct 26, 2022
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As IMF warns of economic slowdown, Canada’s labour market could be critical bufferThere are silver linings in Canada to the "dire warnings" from the International Monetary Fund about a global economic slowdown, economists argue.EconomyOct 11, 2022
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2023 will ‘feel like a recession’ for many, IMF warns in revised global outlookThe International Monetary Fund said its latest World Economic Outlook forecasts show that a third of the world economy will likely contract by next year.EconomyOct 11, 2022
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Bank of Canada to share more of interest rate decision-making process in 2023The Bank of Canada will start giving Canadians a peek behind the curtain of its benchmark interest rate decisions in early 2023, following policy recommendations from the IMF.EconomySep 28, 2022
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International Monetary Fund agrees to pull Sri Lanka out of bankruptcy, leader saysSri Lankan President Ranil Wickremesinghe said even though he as the prime minister had aimed to reach an agreement by early August, it has now been pushed back by a month.WorldJul 30, 2022
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Ukraine’s Zelenskyy, IMF managing director discuss ‘post-war reconstruction’President Volodymyr Zelenskyy said he spoke with IMF's managing director about Ukraine's financial stability and the country's post-war reconstruction.WorldApr 17, 2022
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Bukele and the volcano: El Salvador doubles-down on Bitcoin'I think there's a lot that's left to be explained about how Bitcoin City is going to work,' said Canadian author Alex Tapscott of El Salvador's offer of 'volcano bonds.'WorldNov 23, 2021
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