All the updated news related to imf

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Scottish government would be in ‘uncharted waters’ if UK public spending cut

Social justice minister Shona Robison told BBC Scotland the Scottish Government would be in “uncharted waters” if public sector budgets are cut by the UK government after Liz Truss would not rule out slashing spending. Speaking to Radio Scotland on ...

02 Oct 2022 at 14:13

John Swinney: I’ve never seen financial strain like this – even in 2008

Scotland’s Deputy First Minister has said he has never seen “financial strain and pressure” like that being experienced currently. John Swinney, who was previously finance secretary for nine years – including during the financial crash of 2008 – ...

29 Sept 2022 at 12:13

Truss and Kwarteng under pressure as Bank launches emergency bond-buying action

Bank launches emergency bond-buying action as UK borrowing costs soar

The Bank of England has launched an emergency UK government bond-buying programme to prevent borrowing costs from spiralling out of control and stave off a “material risk to UK financial stability”. The Bank announced it was stepping in to buy ...

28 Sept 2022 at 20:26

UK economy set for slowest growth in G7 as IMF slashes forecasts

The UK’s economic growth is slowing further due to rampant inflation and it is set to be the weakest economy among the G7 nations next year, the International Monetary Fund (IMF) has warned. It came as the IMF warned that stalling growth ...

26 Jul 2022 at 16:17

World

Ukraine war and inflation threaten global economy, says IMF chief

The head of the International Monetary Fund has warned that Russia’s war against Ukraine is weakening the economic prospects for most of the world’s countries and called high inflation “a clear and present danger” to the global economy. ...

14 Apr 2022 at 15:25

World

Sri Lanka halts debt repayment pending IMF bailout plan

Sri Lanka is suspending its repayment of foreign debt pending the completion of a loan restructuring programme with the International Monetary Fund (IMF) to deal with the island nation’s worst economic crisis in decades, the government ...

12 Apr 2022 at 12:55

Call for greater focus on developing Covid vaccines that block transmission

More must be done to find Covid-19 vaccines that block transmission of the virus, experts have said. Academics said that it was time to “set our sights” on developing the next generation of vaccines to prevent transmission that would ...

05 Apr 2022 at 19:25

City

UK growth outlook cut as Omicron and supply chain troubles bite, says IMF

UK growth will be held back this year by disruption caused by spread of the Omicron variant of coronavirus and the ongoing supply chain crisis, according to the International Monetary Fund (IMF). In its latest World Economic Outlook ...

25 Jan 2022 at 15:25

World

Governments must not allow inflation to become ‘runaway train’ – IMF chief

The managing director of the International Monetary Fund has urged governments to keep up the fight against inflation even it means more pain at a time of extraordinary economic turmoil. Speaking to reporters on Thursday, the IMF’s ...

13 Oct 2022 at 17:04

Economy set for ‘soft landing’ as IMF upgrades UK growth forecasts

The UK economy is set for a “soft landing” as it grows faster than previously expected following recession last year, according to the International Monetary Fund (IMF). However, the global financial agency stressed that ambitious ...

21 May 2024 at 20:09

World

IMF and Ukraine agree £13bn loan package

Ukraine and the International Monetary Fund (IMF) have agreed on a 15.6 billion US dollars (£12.7 billion) loan package aimed at shoring up government finances severely strained by Russia’s invasion. Ukraine’s finance ministry ...

22 Mar 2023 at 09:21

World

Pakistani ex-PM Imran Khan sets out economic rescue plan at rally

Former Pakistani prime minister Imran Khan led a rally in the eastern city of Lahore, setting out his ideas to revive the country’s spiralling economy and accusing the government of lacking a rescue plan. The International ...

26 Mar 2023 at 13:18

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