Sri Lanka’s hard-won economic recovery at risk from El Nino and Middle East war, says IMF
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Sri Lanka’s hard-won economic recovery at risk from El Nino and Middle East war, says IMF
COLOMBO, Sept 23 — Sri Lanka’s recovery from the worst economic crisis in its history could be upended by the El Nino climate phenomenon and fallout from the Middle East war, the IMF warned today. The South Asian nation’s economic collapse of 2022 was triggered by a severe foreign exchange shortage»»»
IMF welcomes India's efforts to modernise statistical framework
The IMF welcomes India's statistical framework modernization efforts. New industrial production and producer price indexes will improve GDP estimate accuracy. India's second-quarter real GDP growth exceeded expectations at 7.8 percent. This growth was driven by strong services sector activity and e»»»
Now for the country, please
PAKISTAN has earned international appreciation and respect for its role in mediating between the US and Iran and helping them achieve a ceasefire and a memorandum of understanding that aims to pave the w ... »»»
IMF official says Asian economies should promote energy supply diversification
WASHINGTON - The global energy supply disruption caused by the war in the Middle East has heightened Asia's concerns about energy diversification, an International Monetary Fund (IMF) official has said. "I think the shock has brought to the fore concerns about energy security," Thomas Helbling, dep»»»
Minister of Finance meets several finance, economy ministers
Minister of Finance HE Ali bin Ahmed Al Kuwari held a series of bilateral meetings with Minister of Economy and Finance of Italy iancarlo Giorgetti; Chancellor of the Exchequer of the UK Rachel Reeves and First Vice-President of the Government of Spain and Minister of Economy, Trade and Business Ca»»»
Economy Minister presents Kyrgyzstan's investment potential to U.S. businesses - | 24.KG
Minister of Economy and Commerce of Kyrgyzstan, Bakyt Sydykov, met with representatives of the U.S. business community during the IMF and World Bank Group Spring Meetings in Washington, D.C. Companies and organizations including Pangea Global LLC, Concrete Engine, American Councils for Internationa»»»
FinMin meets IMF officials: Commitment to macroeconomic and public finance stability
Skopje, 17 April 2026 (MIA) - The Government remains committed to maintaining the macroeconomic and public finance stability, fiscal consolidation, accelerated and sustainable economic growth. It closely follows developments amid the global uncertainty and undertakes measurds to manage the challeng»»»
Somalia Finance Minister Urges Revenue Reforms at World Bank Meeting
WASHINGTON — Bihi Iiman Igeh, Somalia’s finance minister, delivered a wide-ranging address at a plenary session chaired by Ajay Banga, president of the World Bank, highlighting fiscal reforms and economic priorities for Somalia. The meeting, held under the framework of the World Bank Africa Group 1»»»
Global financial systems must ‘come to grips’ with AI risks, BoC governor says - National | Globalnews.ca
Bank of Canada Governor Tiff Macklem says global financial systems need to “come to grips” with the risks posed by rapid advances in artificial intelligence models like Anthropic’s Mythos. Developer Anthropic claims the upcoming Mythos model of its Claude AI is capable of quickly detecting long-hid»»»
Reeves admits Britain SHOULD get more oil and gas out of the North Sea
Rachel Reeves has admitted she is looking at the 'quickest way' to get more oil and gas out of the North Sea amid an energy shock caused by Trump's war with Iran. The Chancellor said she was looking at how to allow more 'tiebacks', where satellite wells are drilled to exploit existing fields, as sh»»»
Will the Iran war cause a global recession?
Rising fears of a global recession dominated IMF and World Bank spring meetings in Washington as the Iran war disrupts supply chains and energy markets. New research from the IMF suggests that global growth could dip to near-recession levels in a severe scenario. While China's growth is cushioned b»»»
G7 calls for limiting economic impact of Middle East conflict
Washington, April 17 (SANA) Finance ministers and central bank governors of the Group of Seven (G7) countries on Thursday called for efforts to limit the global economic impact of prolonged conflict in the Middle East, urging progress toward lasting stability in the region. Reuters quoted a stateme»»»
Thailand outlines growth and reform agenda at IMF–World Bank Spring Meetings
WASHINGTON, D.C. – Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas detailed Thailand’s economic outlook and policy direction during the IMF Governor Talks held recently alongside the World Bank–IMF Spring Meetings in Washington, D.C. Ekniti said Thailand is facing structural constr»»»
'Significant work remains' in reforming financial, fiscal, and exchange rate sectors: IMF
The International Monetary Fund (IMF) has emphasized that Bangladesh requires extensive reforms across three critical sectors, including financial, fiscal, and foreign exchange. According to the global lender, significant work remains to be done in each of these areas to ensure economic stability. »»»
IMF warns of Asia's vulnerability to war-induced energy shock
WASHINGTON, April 16 : Asia is more vulnerable to an energy shock than other regions because of its heavy reliance on Middle East fuel, an International Monetary Fund executive said, warning of an acute hit to growth if a prolonged war triggers supply shortages. The region's economies entered 2026 »»»
Saudi largesse plugs Pakistan's sudden reserve hole | The Express Tribune
As Saudi Arabia extended a $3 billion new loan to fill a sudden hole in reserves, the government has decided to request the International Monetary Fund to increase the size of the current $7 billion bailout package to offset the impact of the Middle East war on the economy. Official sources told Th»»»
IMF urges BOJ to keep raising rates even as Iran war poses new risks
TOKYO (April 4): The International Monetary Fund urged the Bank of Japan (BOJ) to continue raising interest rates, even as the Middle East war posed "significant new risks" to the country's economic outlook. The proposal comes amid market expectations the BOJ will raise interest rates as soon as Ap»»»
IMF Urges BOJ to Keep Raising Rates Even as Iran War Poses New Risks
The International Monetary Fund urged the Bank of Japan to continue raising interest rates, even as the Middle East war posed "significant new risks" to the country's economic outlook. The proposal comes amid market expectations the BOJ will raise interest rates as soon as April in the face of moun»»»
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