The European Union's GDP per capita measured with purchasing power parity is now around 72% of the United States, the IMF study said. "Seventy percent of that gap is explained by lower productivity ...

The International Monetary Fund (IMF) will begin its review of Egypt’s loan program on Tuesday, Egyptian Prime Minister Mostafa Madbouly said on Sunday at a press conference with IMF managing ...

LONDON - Ksenia Yudaeva, under sanctions from the United States, has been elected as the International Monetary Fund's executive director for Russia and Syria, the IMF said on Friday. The ...

From the BBC World Service: The Labour Party's budget includes a $50 billion tax hike to fund public services. Our weekly “Econ Extra Credit” newsletter is an unexpected way to learn about the ...

Growth in the region will remain "sluggish" at 2.1% in 2024, according to the IMF's latest Regional Economic Outlook, launched in Dubai, lower than earlier projections as geopolitical and ...

The IMF said it has cleared $606 million in lending to Kenya as it struggles to pay off debts and boost taxes after mass protests led to financial reforms being scrapped. Kenya is considered an ...

Washington, DC: The International Monetary Fund (IMF) released the results of the 2024 Financial Access Survey (FAS), marking the 15th anniversary of the FAS. The report “FAS: 2024 Highlights,” ...

Finance Minister Stanley Raghoebarsing urged caution, saying the government would not apply for another IMF program immediately after the current $688 million program expires in March. Suriname ...

A weak yen is beneficial for Japan's economy as the boost to exports exceeds the increase in the cost of imports, a senior International Monetary Fund (IMF) official said on Friday. Nada Choueiri ...

The International Monetary Fund and the World Bank hosted their annual meetings in Washington this week, on the 80th anniversary of their foundation at the 1944 Bretton Woods Conference in New ...