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Financial Concerns Outweighed by Inflation as Central Banks Continue to Tighten Policy

UNITED STATES: As central banks continue to tighten policy, inflation concerns outweigh financial worries. Global monetary officials are focusing on inflation and interest rates...

Ukraine to Secure First IMF Loan amid Russia War

UKRAINE: On Tuesday, the Washington-based lender announced that it had struck a staff-level agreement with the Kyiv administration on a comprehensive financing arrangement that would...

Nirmala Sitharaman Highlighted the Issues of Decline in India’s Foreign Exchange Reserves

INDIA: In an ongoing annual meeting of the World Bank and the International Monetary Fund (IMF), India's Finance Minister Nirmala Sitharaman highlighted the issues...

Forex Reserves Have Fallen over $80 Billion Since Ukraine Crisis

INDIA: India's foreign exchange reserves have plummeted by more than $80 billion since the Ukraine crisis, falling by more than $2 billion in the...

IMF Envoy To Visit Sri Lanka Soon, Says Central Bank Governor

Sri Lanka: The island nation of Sri Lanka, currently teetering on the edge of economic and political crisis, seems to have made "good progress"...

“Global Economy Teetering on Edge of Recession”: IMF Issues Warning

INDIA: The International Monetary Fund (IMF) has announced that the world is "teetering" on the edge of a global recession. The remarks come at...

Tourism In The Post-Pandemic World

USA: A joint team from the IMF Asia Pacific and Western Hemisphere Departments under the guidance of Kenneth Kang and Krishna Srinivasan recently completed...

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