The International Monetary Fund (IMF) said it is not expecting the UK to enter a recession this year. In an update to recent forecasts, it said: “Buoyed by resilient demand in the context of declining energy prices, the UK economy is expected
Ghanian officials said Thursday that the $3 billion International Monetary Fund (IMF) bailout approved for the West African nation would help “reset the economy” and ease the economic hardship on millions of citizens. Though “far from a magic solution wand,” the credit
The International Monetary Fund (IMF) has warned Chancellor Jeremy Hunt that placating striking doctors and teachers could have a damaging effect on the UK economy. With junior doctors currently in the middle of an unprecedented four-day strike, the British Medical Association pushing for
The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to help salvage the country’s bankrupt economy. An IMF statement said about $333 million of the funding will
The International Monetary Fund delayed a $6 billion bailout for cash-strapped Pakistan over its failure to meet the terms of a previous deal, officials said Friday, as the country struggled with a worsening economic crisis and a deadly wave of violence. Pakistani
Rishi Sunak and Jeremy Hunt are under fresh pressure to slash taxes after the International Monetary Fund (IMF) warned Britain’s economy will see the worst performance of all the advanced nations this year. Conservative MPs have renewed calls for tax cuts following
Cash-strapped Pakistan’s currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough conditions set by the International Monetary Fund for the next tranche of its bailout package. Pakistan is seeking a crucial installment of $1.1