IMF Downgrades Global Growth to 4.4% in 2022 as China, US Falter
(IMF) The International Monetary Fund says the global economy will grow by 4.4% this year, below its October forecast of 4.9%. The IMF cites weak prospects in China and the…
IMF Chief Economist Favors Global Policy on Crypto Regulation Over Ban
(CoinTelegraph) International Monetary Fund Chief Economist Gita Gopinath has urged for a global policy on cryptocurrency regulation, rather than totally banning the space. Gopinath believes that a ban on cryptocurrencies…
IMF Calls for the Full Licensing of Crypto-Asset Providers, Uniform Regulation
(IMF) The International Monetary Fund is calling global regulators to adopt a common regulatory approach for crypto assets. In a quest for a comprehensive and clear framework of regulation, IMF…
IMF’s Georgieva Calls for More Vaccination to Tame Inflation and Avert Social Unrest
(Bloomberg) Kristalina Georgieva, the IMF’s Managing Director, says widespread global vaccinations can help address inflation fears and potential social unrest. Georgieva says that intensifying global vaccinations boost production everywhere and…
IMF Chief Georgieva Denies Claims of Influencing China’s World Bank Report
(Bloomberg) The Managing Director of the International Monetary Fund Kristalina Georgieva has denied claims she engineered the changes made to China’s “Doing Business” report of 2018. The allegations, raised by…
Tough Choices Must be Made by Central Banks in the Era of Digital Money-IMF
(IMF) The IMF says central banks face a dilemma on how to proceed in adoption of digital forms of money, warning that tough choices must be made. IMF says policy…
IMF: Global Economy ‘Dangerously Diverging’ Despite Robust Growth this Year
The International Monetary Fund believes global prospects are ‘diverging dangerously’ due to differences and deficiencies in post-pandemic recovery, reports Bloomberg Quint. With the world’s economy projected to grow by 6.9%…
International Monetary Fund
Origin of the IMF The International Monetary Fund (IMF) was founded in 1944 during a UN conference in Bretton Woods. The 44 countries that attended the conference focused on formulating…
IMF Projects Global Economy to Contract by 3%, Raises Outlook
The IMF expects global economy to contract sharply by 3% in 2020 following devastation by COVID-19 pandemic, according to press release. Global growth projected to be 5.8% in 2021 if…