El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary.
El Salvador has approved amendments to its Bitcoin laws, aligning with a deal struck with the IMF to scale back its crypto exposure.
The International Monetary Fund, IMF, and the World Trade Organisation, WTO, both have a remit to monitor and review the economic developments and policies of their members. The aim, for the IMF, is to ensure that countries manage their economies and finances well to prevent financial instabilities both nationally and internationally.
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.
In its latest World Economic Outlook, the IMF projected global growth of 3.3% in both 2025 and 2026, and said global headline inflation was set to drop to 4.2% in 2025 and 3.5% in 2026, allowing a further normalization of monetary policy and ending the ...
Kristalina Georgieva, IMF managing director, speaks on a panel at the World Economic Forum in Davos, Switzerland.
Minister of State for Finance Ali Pervaiz Malik on Wednesday said Pakistan has no choice but to honor the International Monetary Fund's (IMF) program to
IMF ranked Indonesia's GDP per capita in 2024, adjusted for purchasing power parity, in 8th place, among others, with $4.98 trillion.
The U.S. economy will continue to be the developed world’s best performer in 2025 giving President-elect Donald Trump a running start on his plan to spur faster growth, the International Monetary Fund said.
Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund Managing Director Kristalina Georgieva said in Davos.
Russia’s representative to the International Monetary Fund’s executive board has received permission by Washington to move to the US, a reprieve from sanctions imposed in response to the 2022 invasion of Ukraine.
The International Monetary Fund’s executive board of directors is scheduled to meet this week to discuss Ethiopia’s latest review under a $3.4 billion loan.