International Monetary Fund
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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business 2025-05-27 11:35
IMF forecasts UK economy growth amidst rising inflation and global uncertainties - The IMF has raised its growth forecast for the UK economy to 1.2% for the year 2025.
- Challenges such as global trade tensions and rising inflation may hinder future growth.
- The Chancellor must navigate difficult decisions to balance taxation with government spending.
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politics 2025-05-09 21:14
India challenges IMF funding for Pakistan over terror financing concerns - India's Foreign Secretary Vikram Misri articulated concerns regarding the IMF's financial support to Pakistan amid fears of fund misuse.
- Pakistan's historical failure to implement IMF conditions has raised alarms over its credibility regarding financial aid.
- India's position reflects a broader concern about the implications of such support on global efforts to combat terrorism.
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business 2025-05-05 12:03
Gulf countries thrive despite IMF's grim outlook - The IMF has reduced its growth forecast for the Middle East and North Africa due to lower oil prices and weaker demand.
- Gulf countries are better positioned economically due to government investments and fiscal buffers.
- The resilience of Gulf states points to a divide in regional economic stability, highlighting the need for non-Gulf countries to adapt.
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business 2025-05-01 06:37
MENA economies face decline amid tariffs and oil price drops - Countries in the Middle East and North Africa are facing significant economic growth challenges due to tariff measures and lower oil prices.
- The IMF projects that growth in the MENA region may be limited to 2.6% this year, with potential impacts of global uncertainty.
- Policymakers in these nations must implement strategies to protect their economies from negative fluctuations.
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business 2025-04-23 11:57
IMF downgrades global growth forecast amid economic turmoil - The International Monetary Fund has downgraded its global growth forecast due to increasing trade tensions.
- Gulf countries, with the exception of Qatar, are expected to face slower growth as a result of these changes.
- Experts warn that the current trend indicates significant shifts in the global economic system that may lead to long-term challenges.
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business 2025-04-23 00:00
IMF urges ECB to stabilize interest rates to target 2% - Alfred Kammer from the IMF suggests the ECB should cut rates by 25 basis points in summer.
- Inflation in the euro area has cooled to 2.2% as of March.
- Kammer emphasizes the importance of holding the interest rate at 2% unless significant economic shocks arise.
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business 2025-04-23 00:00
IMF predicts lower U.S. deficit in 2025 due to tariff revenue - The IMF forecasts a decrease in the U.S. fiscal deficit to 6.5% of GDP in 2025, down from 7.3% in 2024.
- The reduction in the deficit is contingent on higher tariff revenues, amid uncertainty regarding consumer responses.
- The overall economic context remains uncertain, with risks that trade tensions could negatively impact tax revenues.
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business 2025-04-23 00:00
IMF downgrades US growth forecast amid Trump's trade war - The IMF lowered the US growth forecast to 1.8%, the largest downgrade among advanced economies.
- Trump's aggressive trade policy and tariffs contribute to economic uncertainty and declining stock market performance.
- Economists predict a 40% chance of a recession in the US this year due to these factors.
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business 2025-04-22 16:30
IMF predicts UK interest rate cuts amid rising inflation concerns - The IMF predicts that the UK will face the highest inflation in advanced economies at 3.1%, mainly due to increased costs for energy and water.
- The organization has downgraded the UK's economic growth forecast for 2025 to 1.1%, citing global trade tensions as a contributing factor.
- Despite current challenges, the IMF suggests that there will be room for interest rate cuts in the UK, with expectations of three more cuts later this year.
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politics 2025-04-22 00:00
Javier Milei faces crisis amid $Libra crypto-scandal - The $Libra crypto-scandal emerged in February and raised serious doubts regarding Javier Milei's leadership.
- Milei's administration temporarily regained control after securing an IMF deal amidst declining poll numbers.
- The ongoing crisis reflects broader issues within Argentina’s political system, with Milei’s future still uncertain.
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business 2025-04-22 00:00
IMF cuts 2025 U.S. growth forecast amid escalating trade tensions - The IMF has revised the U.S. growth forecast to 1.8% for 2025 following significant trade tensions with China.
- A decline in global business confidence has been recorded, alongside expectations of minimal growth in goods trade.
- Despite the challenges, the IMF indicates that a global recession is not anticipated in 2025.
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politics 2025-04-12 13:21
Argentina lifts currency controls as IMF offers financial aid - Argentina's government will lift strict capital and currency controls due to a new IMF loan.
- The decision aims to restore economic normalcy previously hindered by currency restrictions.
- This move signifies a major shift in economic policy but raises concerns about inflation and market stability.
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politics 2025-04-09 11:40
IMF strikes preliminary deal with Argentina for $20 billion bailout - The International Monetary Fund reached a preliminary agreement with Argentina for a $20 billion bailout.
- The deal aims to help stabilize Argentina's economy and supports President Javier Milei’s austerity agenda.
- Approval from the IMF's executive board is still needed, and there are concerns about the social impact of austerity measures.
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environment 2025-03-26 05:03
Pakistan government secures $1.3 billion loan from IMF for climate resilience - Pakistan has secured a staff-level agreement with the IMF for a $1.3 billion climate resilience loan programme.
- The IMF has acknowledged Pakistan's progress in restoring macroeconomic stability, despite ongoing challenges.
- This deal represents a critical step toward addressing climate-related risks and promoting economic recovery in Pakistan.
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business 2025-03-20 18:30
Foreign loan inflows drop significantly as Pakistan seeks financial stability - Pakistan received approximately $12 billion in foreign loans in the first eight months of FY 2024-25, with a significant portion being rollovers.
- Fresh loans and grants amounted to $5.95 billion, representing a 25% decrease from the previous fiscal year.
- The decline in inflows highlights a pressing need for Pakistan to secure more financial assistance to meet its economic goals.
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military conflicts 2024-12-23 15:14
IMF predicts Ukraine war could last until 2026 - Ukrainian officials are starting to believe in a potential resolution to the conflict with Russia by 2025.
- The IMF has outlined scenarios indicating that the hostilities could end anywhere from late 2025 to mid-2026.
- The situation underscores ongoing challenges for Ukraine's economy, indicating the complexities of any future negotiations.
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category, politics, sub-category 2024-09-27 10:24
Pakistan secures $7 billion loan from IMF for economic support - The IMF's executive board approved a $7 billion loan for Pakistan, aimed at economic support.
- The loan will be disbursed in installments over 37 months, with the first installment expected soon.
- Prime Minister Shehbaz Sharif expressed gratitude to the IMF and other countries for facilitating the deal.
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sub-category, category, politics 2024-09-25 16:56
Sri Lanka's President to Restart IMF Talks Amid Economic Crisis - Sri Lanka's new President Anura Kumara Dissanayake plans to restart talks with the IMF and foreign creditors to address the economic crisis.
- The country declared bankruptcy in 2022, leading to severe shortages of essentials and a political crisis that resulted in the resignation of former President Gotabaya Rajapaksa.
- Dissanayake's approach may involve renegotiating the IMF bailout agreement while retaining key officials from the previous administration, indicating a potential continuation of existing reforms.
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business, politics 2024-08-02 13:34
Pakistan Paid $3.5 Billion Interest to IMF - Pakistan's Finance Ministry revealed paying over $3.5 billion in interest to the IMF.
- The disclosure occurred during a meeting chaired by Senator Saifullah Abro.
- Details of loans and repayments to the IMF were presented at the Parliament House.
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business, politics 2024-07-30 13:32
Ethiopia's Currency Drops 30% After IMF Policy Changes - Ethiopia's currency has experienced a significant 30% drop in value, coinciding with the central bank's adoption of a flexible exchange rate policy recommended by the International Monetary Fund.
- This economic adjustment is part of broader efforts to stabilize the Ethiopian economy amid ongoing challenges.
- The dramatic depreciation raises concerns about inflation and the impacts on consumers and businesses.
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politics, business 2024-07-29 14:25
Ethiopia's Currency Plummets Following Policy Shift Amid IMF Negotiations - The Ethiopian birr has experienced a significant drop of 30%, alarming citizens concerned about rising living costs.
- This depreciation is linked to the International Monetary Fund's (IMF) involvement, which has historically led to economic reforms in nations.
- The public's apprehension reflects broader worries about economic stability and the potential impact on everyday life.
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business, politics 2024-07-26 00:00
Ukraine Faces Growing Debt Crisis - Loans from the IMF, Western governments, and private investors are coming due.
- Ukraine is facing a growing debt crisis that requires immediate attention.
- The country's financial stability is at risk due to the looming debt crisis.
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business 2024-07-17 00:00
IMF Upgrades India's Economic Outlook Amid Global Slowdown - The IMF has upgraded its economic forecast for India, indicating optimism amidst a global slowdown.
- While the outlook for China and India is positive, the U.S. may experience slower growth.
- This upgrade reflects India's resilience in the face of economic challenges.
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business 2024-07-17 00:00
IMF Projects Strong Growth for India Amidst Slower Chinese Economy - The International Monetary Fund has adopted a positive outlook for India's and China's economies.
- In contrast, the United States is expected to experience a slowdown in economic growth.
- These developments highlight shifting economic dynamics in the global landscape.
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business 2024-07-16 00:00
IMF Raises UK Growth Outlook After Recession - The IMF has revised its economic growth forecast for the UK following a period of stagnation.
- The UK economy has recently experienced a shallow recession in late 2023.
- This adjustment signals potential recovery and optimism for economic prospects.
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business 2024-07-16 00:00
IMF Warns of Inflation Challenges Ahead - IMF predicts difficulties in lowering inflation due to persistent services and wage inflation.
- The pace of disinflation is expected to slow down in the U.S. and globally.
- This warning highlights upcoming challenges in managing inflation levels.
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politics, business 2024-07-16 00:00
IMF Raises UK Growth Forecast Amid Economic Recovery Signs - The International Monetary Fund (IMF) has raised its growth forecasts for the UK following a shallow recession in late 2023.
- This adjustment comes after two years of economic stagnation, highlighting a potential recovery phase for the country's economy.
- The updated outlook indicates renewed confidence in the UK's economic resilience despite recent challenges.
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business 2024-07-13 04:35
Pakistan secures $7 billion loan agreement with IMF - Pakistan has successfully negotiated a $7 billion loan deal with the International Monetary Fund.
- The agreement marks a significant financial boost for Pakistan's economy.
- The loan deal with the IMF is expected to support Pakistan's economic stability and growth.
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miscellaneous 2024-06-20 16:17
Europe looks like an ideas supermarket for the U.S., according to the head of the International Monetary Fund 
business 2024-05-29 15:50
IMF raises China's economic growth forecast to 5% due to strong first quarter - IMF upgrades China's growth forecast to 5% citing strong first quarter performance.
- Reforms are advised by the IMF to support sustained growth in China.
- The upgrade in forecast reflects positive economic prospects for China.
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miscellaneous 2024-05-21 21:09
Pressure is on the International Monetary Fund to change gloomy forecast as Britain bounces back 2023 All rights reserved
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