The International Monetary Fund is applauding Saudi Arabia's sweeping reform plan calling it "an appropriately bold and far-reaching transformation".
The IMF says 2016 will be another difficult year for sub-Saharan Africa because of factors including the steep decline in commodity prices, the Ebola outbreak and drought.
Saudi Arabia has unveiled an economic reform plan including selling part of its state energy giant Saudi Aramco and using the cash raised for a massive global investment fund.
The World Bank and IMF, at their Spring meeting are urging Greece’s creditors to rethink their policies after studies concluded austerity was
The World Bank and the IMF have been meeting in Washington with the possibility of the United Kingdom leaving the European Union high on the agenda.
Greece and the troika of international lenders are moving closer to a deal on a review of bailout reforms, which could free up more aid to help the cash strapped country.
There does not appear to be much to smile about when it comes to the global economy these days: new massive tax evasion scandal; Europe’s continuing
Cyprus has kicked off the working week standing on its own two feet. Its EU bailout has officially finished, as it bounces back from financial
The IMF says the Ivory Coast economy continues to grow and will post 8.5% this year, a tad down on last year’s 8.6%. Inflation is also forecast to
The International Monetary Fund is urging the G20 to plan now for a coordinated stimulus programme to keep the slowing global economy from stalling.
Christine Lagarde has been re-elected to a second five-year term as head of the International Monetary Fund with the world's economy in the doldrums, and the IMF facing difficult loan decisions for Gr
The International Monetary Fund has warned Ukraine that it will block its $40bn bailout programme if Kyiv fails to confront crippling corruption.
Head of the International Monetary Fund, Christine Lagarde, has announced she will run for a second term as managing director of the financial institution.
Question of survival How can Europe survive mounting refugee pressures? A study by the IMF presented in Davos, Switzerland, has proposed that the
Spain’s public prosecutor is requesting a four-and-a-half year jail sentence for banker Rodrigo Rato, the former IMF chief who is being investigated
The IMF has accepted the Chinese yuan into the club of elite currencies. IMF set to put yuan in reserve currency basket https://t.co/h7quutjx6y
China is looking to have the yuan added to the IMF special basket of currencies to make to it more attractive to investors. China's yuan is joining
The Chinese yuan is set to be included in the IMF’s benchmark currency basket, according to reports. Sources say a draft report by International
The annual meeting of the International Monetary Fund and World Bank is getting underway in Lima, Peru, with the global economy on perhaps the
Former Spanish Economy Minister Rodrigo Rato has had his passport confiscated by a court in Spain. Mr Rato is under investigation for money