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Iran not invited to WB/IMF initiative on coronavirus coordination
Mar 22, 2020 23:58Iran has been sidelined from an initiative by the World Bank and the International Monetary Fund (IMF) to coordinate efforts in West Asia and North Africa region to fight the coronavirus pandemic.
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IMF refuses aid to Venezuela in midst of Covid-19 crisis
Mar 22, 2020 14:54Recently Venezuelan President Nicolas Maduro met with senior government officials in Caracas. During the meeting, the Venezuelan pharmaceutical body (CIFAR) and Venezuelan medical equipment companies said they would be able to increase production of machines and medicines to stem the coronavirus crisis; but, they said, they would need key raw materials that have to be imported.
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Iran asks IMF for $5bn in emergency funding to battle coronavirus as cases spike
Mar 12, 2020 11:51The Central Bank of Iran has asked the International Monetary Fund (IMF) for $5 billion emergency funding to fight a coronavirus pandemic as the number of infections keeps growing in the country.
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IMF team arrives in Lebanon to give financial advice to govt.
Feb 20, 2020 10:47A team of experts from the International Monetary Fund (IMF) has traveled to Lebanon to provide the debt-ridden country with advice on how to alleviate a deepening economic crisis.
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Coronavirus could damage global growth in 2020: IMF
Feb 16, 2020 14:09The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow.
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Argentinians protest as government begins debt talks with IMF
Feb 13, 2020 08:14Thousands of people have protested in Argentina against their government’s dealings with the International Monetary Fund (IMF), as Buenos Aires opens week-long talks with the US-based organization in an attempt to seek relief from its foreign debt burden.
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Pakistan's deficit under microscope as IMF review begins
Feb 04, 2020 12:43Pakistan will come under pressure to convince the International Monetary Fund (IMF) it can bring down a ballooning fiscal deficit, as a review on the future course of its $6 billion financial aid program gets under way.
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BRICS members call for reform in UN, IMF, and WTO amid rising protectionism in the West
Nov 16, 2019 06:22Members of the international group of emerging nations, BRICS, have called for comprehensive reforms in the United Nations as well as global trade and monitory bodies, in the face of rising protectionism and unilateralism.
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IMF deputy head calls for negotiated solution to US-China trade dispute
Sep 03, 2019 04:42The United States and China should seek to find a solution to their differences through negotiations which follow a multilateral framework as the ongoing trade dispute between the pair threatens to drag down global economic growth, according to Zhang Tao, deputy managing director of the International Monetary Fund (IMF).
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IMF predicts US sanctions on Iran may weaken global economy
Jul 25, 2019 09:54The International Monetary Fund (IMF) has said that the illegal sanctions imposed by the United States on Iran would likely lead to a lower economic growth in the world next year.