Business / Economy Apr 24, 2022
IMF says yen's rapid slide may hamper Japan's post-pandemic recovery
The drop to a 20-year low against the dollar reflects the BOJ's loose monetary easing while other central banks are tightening.
Asia Pacific Apr 20, 2022
One dead after police fire on Sri Lanka protesters amid IMF bailout talks
Demonstrations have raged across the South Asian island country of 22 million people for weeks over the government's mishandling of the economy.
Business / Economy Apr 18, 2022
Sri Lanka's reluctance to tap IMF helped push it into an economic abyss
by Devjyot Ghoshal and Uditha Jayasinghe
Faced with a rapidly deteriorating economic environment, the government chose to wait, instead of moving quickly and seeking help.
Business / Economy Apr 7, 2022
IMF cuts Japan's growth forecast over hit from Ukraine war fallout
The IMF now expects Japan's economy to grow 2.4% this year, lower than a projection for 3.3% expansion made in January.
Commentary / World Feb 2, 2022
There is a big economic and political cost to closed minds
by Kaushik Basu
One of the main reasons for the uneven COVID-19 recovery has more to do with politics than economics as support for aggressive nationalistic trade barriers has grown sharply in recent years.
Business Jan 30, 2022
China's January factory activity contracts as COVID-19 lockdowns bite
China's factory activity contracted at the sharpest rate in 23 months in January, underscoring the huge economic costs from the country's "COVID zero" approach.
Business / Economy Jan 28, 2022
COVID-19 pandemic unlikely to have 'scarring' effects on Japan economy, IMF says
by Miya Tanaka
While the current surge of the omicron variant could slow growth momentum in the first quarter of 2022, a "strong rebound" is expected in the second quarter as the wave dissipates.
Business / Economy Jan 26, 2022
Slowdowns in U.S. and China will hold back global growth, report says
by Patricia Cohen
Higher inflation, supply chain chokepoints, and pandemic-related shutdowns and worker shortages continue to afflict rich and poor nations, the IMF said.
Business Jan 22, 2022
IMF chief urges debt-laden nations to act now to avoid problems
by Eric Martin
Managing Director Kristalina Georgieva said that her worry is greatest for low-income countries because 60% are in debt distress or in danger of reaching that point.
World Dec 30, 2021
Sri Lankan ministers plan meeting to consider seeking IMF bailout
by Asantha Sirimanne
Sri Lanka struggles with limited options to address upcoming debt maturities.