The lack of proper mid-term deficit cuts plan in the U.S. and Japan as well as the uncertain global environment and weak growth prospects put hurdles on global fiscal consolidation, said the International Monetary Fund (IMF) on Wednesday in a newly-released report.
The International Monetary Fund (IMF) on Tuesday lowered its forecast for global economic growth, saying the world economy has entered another transition with a set of challenges that call for new reform efforts.
Australian Treasurer Joe Hockey confirmed on Wednesday in a statement that the International Monetary Fund's (IMF) World Economic Outlook has outlined the risks ahead for the Australian and global economy.
Pakistani government is likely to receive more than 2 billion of U.S. dollars from the International Monetary Fund (IMF) this week under its new three- year bailout program, local media reported Tuesday.
The International Monetary Fund on Thursday announced the appointment of Wes McGrew as IMF's resident representative in Greece, the biggest borrower at the Washington-based global lender.
The International Monetary Fund cut its 2013 growth forecast for the world economy Tuesday to 3.1 percent, due to a slowdown in several key emerging market economies.
The IMF on Friday lowered its forecast of U.S. economic growth to 2. 7 percent next year, 0.3 percentage point lower than its April prediction against the backdrop of the government spending cuts.
The International Monetary Fund's (IMF) board expressed confidence in Christine Lagarde Thursday as the global lender's managing director answered questions in a French court over alleged abuse of office during her time as French finance minister.
U.S. Treasury Secretary Jacob Lew on Wednesday urged Congress to ratify the IMF 2010 quota and governance reform which has been delayed as the United States has not yet given it the green light.
Finance ministers and central bank governors from the Group of 20 major economies on Friday pledged further actions to shore up growth while watching for monetary easing effects, and urged ratification of the IMF governance reform.
The International Monetary Fund (IMF) on Saturday wrapped up its spring meetings with calls for a mix of policies to boost growth and employment worldwide.
The Washington-based International Monetary Fund (IMF) on Tuesday called on different countries to take appropriate reform measures to tackle their specific economic challenges against the backdrop of a three-speed recovery.
Inflation in Russia in 2013 and 2014 would exceed government targets and the current growth model had exhausted itself, the International Monetary Fund (IMF) said Wednesday.
A staff team led by a senior official of the International Monetary Fund (IMF) has been visiting Myanmar between Jan. 31 and Feb. 6 to discuss matters regarding improving the relations between the Washington-based global lender and the Southeast Asian nation.
The International Monetary Fund (IMF) said Wednesday that the world economy stands poised for a gradual upturn in 2013 with output rising by 3.5 percent. The estimate marks a modest uptick from 3.2 percent in 2012, but was slightly lower than the IMF's last projection.
The global economy is poised for a gradual upturn in 2013 as the constraints on growth gradually ease, but policy complacency should be guarded against as risks remain, the International Monetary Fund (IMF) said in its updated World Economic Outlook (WEO) on Wednesday.