All the updated news related to international monetary fund

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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. IMF managing ...

14 Apr 2022 at 15:25

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 not require ...

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 update, the ...

25 Jan 2022 at 15:25

Gordon Brown: Failing to halt Afghanistan humanitarian crisis will haunt West

Failing to act to address the humanitarian crisis in Afghanistan will “come back to haunt us”, former prime minister Gordon Brown has warned. Mr Brown called for a multibillion-pound support package to save the country from economic and social ...

29 Dec 2021 at 10:55

World

EU leaders launch work on ‘new Marshall Plan’ for Ukraine

European Union leaders have gathered to start work on what Germany’s chancellor described as a “new Marshall Plan” for the rebuilding of Ukraine. The Marshall Plan was a US-sponsored initiative that helped revive western European economies ...

25 Oct 2022 at 11:32

UK economy on track for quarterly decline after shrinking in August

Britain’s economy unexpectedly shrank in August as factories and consumer services firms struggled, putting the UK on track to contract overall in the third quarter, according to official figures. The Office for National Statistics (ONS) ...

12 Oct 2022 at 10:47

World

IMF warns of higher recession risk and darker global outlook

The International Monetary Fund is once again lowering its projections for global economic growth in 2023, projecting world economic growth lower by four trillion dollars (£3.5 trillion) through to 2026. Kristalina Georgieva, managing ...

06 Oct 2022 at 17:59

Britain ‘step closer to recession’ after economy shrank in August

Britain’s economy unexpectedly shrank in August, reinforcing forecasts that the UK is on course for a recession as the cost-of-living crisis hits hard. The Office for National Statistics (ONS) said gross domestic product (GDP) ...

12 Oct 2022 at 13:12

Government fiscal plan aligned with Bank could stabilise financial markets – IMF

The Government’s fiscal strategy announcement later this month could help to settle turmoil in financial markets if it is aligned with actions by the Bank of England, the International Monetary Fund’s (IMF) top economist has ...

11 Oct 2022 at 16:22

John Swinney: I am very concerned by IMF statement on UK tax plans

Scotland’s Deputy First Minister has said he is “very concerned” following an extraordinary statement from the International Monetary Fund on the UK Government’s tax plans. Chancellor Kwasi Kwarteng last week announced in a ...

28 Sept 2022 at 11:45

Pound and FTSE recover losses after Bank’s surprise monetary intervention

The pound has managed to recover ground and London’s top index was in the green following the Bank of England surprise intervention to calm gilts markets on Wednesday. The Bank said it would launch an emergency programme ...

28 Sept 2022 at 19:01

UK Government’s tax rate U-turn shows ‘utter ineptitude’, says Sturgeon

The Chancellor’s tax U-turn shows the “utter ineptitude” of the UK Government, Scotland’s First Minister has said. Kwasi Kwarteng announced early on Monday that the scrapping of the top rate of tax would not go ahead in ...

03 Oct 2022 at 10:24

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