International Monetary Fund News - Latest Updates & Headlines
South Korea's foreign reserves hit 5-year low in January amid weak won
Seoul, Feb 5: South Korea's foreign reserves fell from a month earlier to reach the lowest level in nearly five years amid the weak local currency, central bank data showed on Wednesday.
South Korea's per capita GDP exceeds $36,000 in 2024
Seoul, Feb 2: South Korea's gross domestic product (GDP) per person is estimated to have exceeded the $36,000 mark last year, data showed on Sunday.
Resilience is key to thriving in today's volatile world: WEF CEO
Davos, Jan 21: As global volatility and compounding risks intensify, organisations must continuously adapt to complex macroeconomic and geopolitical dynamics, World Economic Forum (WEF) president and CEO, Borge Brende, said on Tuesday.
IMF approves immediate disbursement of 248 mln USD to Ethiopia
Addis Ababa, Jan 19: The Executive Board of the International Monetary Fund (IMF) has approved an immediate disbursement of about 248 million U.S. dollars to Ethiopia to help the East African country meet its balance of payments needs.
India continues to outpace global peers on economic growth: Centre
New Delhi, Jan 18: As the fastest-growing large economy, with steady growth projected at 6.7 per cent over the next two fiscal years, India continues to outpace global peers and cement its position as a leader in economic resilience and progress, the government said on Saturday.
IMF projects India growth to be solid at 6.5 pc in 2025 and 2026
New Delhi, Jan 18: In India, the economic growth is projected to be solid at 6.5 per cent in 2025 and 2026, as projected in October and in line with potential, the International Monetary Fund (IMF) has said in its latest World Economic Outlook (WEO) update.
International Monetary Fund retains India's GDP growth forecast at 6.5% for FY26, FY27
New Delhi, January 18: The International Monetary Fund (IMF) retained India's growth forcastat 6.5 per cent for for fiscal 2026 and fiscal 2027, the global economic body said in its World Economic Outlook report.
IMF chief says global economy faces heightened uncertainty on US trade policy
Washington, Jan 11: International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that global economy in 2025 faces heightened uncertainty due to economic policies, particularly the directions of US trade policy.