International Monetary Fund chief economist Gita Gopinath leaves IMF post in January

Gita Gopinath heads the research division of the International Monetary Fund. (File) Washington: International Monetary Fund (IMF) chief economist Gita Gopinath will leave her post and return to Harvard University’s economics department in January, the Fund announced on Tuesday. Harvard University exceptionally extended Ms. Gopinath’s leave of absence for another year, allowing her to serve … Read more

IMF more optimistic about Middle East and North Africa growth | News from the International Monetary Fund

The boost in economic growth to 4.1 from 4 percent is mainly due to the rapid rollout of vaccines in some parts of the region. Through Abeer Abu OmarBloomberg Published on 19 Oct 2021 The International Monetary Fund has become more optimistic about economic growth prospects in the Middle East and North Africa this year … Read more

The IMF raises its growth forecast for Saudi Arabia

WASHINGTON (Reuters) – The International Monetary Fund said Tuesday it expected Saudi Arabia, the largest economy in the Arab world, to achieve economic growth of 2.8 percent this year.In July, the fund forecasted GDP growth of 2.4 percent in 2021.The IMF said in its latest global economy forecast that Saudi growth is expected to reach … Read more

The IMF lowers growth forecasts as supply disruptions, weighs heavily on the Kovid epidemic

A man walks through a poster of a meeting of the World Bank Group and the International Monetary Fund on October 11, 2021 in Washington, DC. Alex Wong | Getty Images News | Getty Images The International Monetary Fund is now less optimistic about the global economy for 2021, but still sees reasonable growth in … Read more

IMF Renews Confidence In Georgieva And Washington Is ‘Closely Watching’

The International Monetary Fund board on Monday expressed its full support for general manager Kristalina Georgieva after investigating allegations that she pressured World Bank employees to change data in favor of China.But US Treasury Secretary Janet Yellen told Georgieva she would closely monitor the IMF’s follow-up and review any new facts or findings, and called … Read more

IMF backs Georgieva after World Bank data fraud scandal | Business and economic news

The board of directors of the International Monetary Fund (IMF) has expressed full confidence in managing director Kristalina Georgieva after studying allegations she has pressured. World Bank staff in her previous job to change data in favor of China. But United States Treasury Secretary Janet Yellen informed Georgieva that she would closely monitor the IMF’s … Read more

The IMF expresses “complete confidence” in the leadership of Kristalina Georgieva

Kristalina Georgieva, Managing Director of the International Monetary Fund, is speaking at a press conference on March 4, 2020 in Washington DC. Liu Ji | Xinhua | Getty Images The International Monetary Fund (IMF) has decided to retain Kristalina Georgieva as managing director, despite allegations that China influenced the report while at the World Bank. … Read more

IMF boss Georgieva threatens to lose job over China’s biased claims

Kristalina Georgieva, Managing Director of the IMF. Samuel Quorum | Getty Images Kristalina Georgieva, managing director of the International Monetary Fund, is under pressure after she accused World Bank staff of trying to improve the ranking in China’s favor. Georgieva denies the claims. But the scandal casts a shadow over the annual meetings of the … Read more

IMF says it still has not made a decision on whether director Kristalina Georgieva will keep her job

Kristalina Georgieva previously said she hopes for a “quick resolution” of the case. (File) Washington: The International Monetary Fund said on Sunday it has still not made a decision on whether controversial chief Kristalina Georgieva will keep her job. An investigation by a law firm has concluded that Georgieva manipulated data in favor of China … Read more

Venezuela introduces new currency, drops six zeros | Business and Economy

Venezuela has had some of the worst inflation in the world for years, making cash transactions more difficult during an economic crisis. Venezuela is about to introduce a new currency that will contain six zeros less, in response to years of the world’s worst inflation. The highest denomination of the Venezuelan bolivar was previously a … Read more