Managing Director of the International Monetary Fund (IMF) Christine Lagarde has warned the United States against the adverse consequences of putting up barriers to trade, saying it would generate "no winners."
Europe and the IMF urged Donald Trump on Wednesday to step back from the brink of a trade war, after the resignation of his top economic adviser emboldened those encouraging him to push ahead with tariffs on imported steel and aluminum.
International Monetary Fund Managing Director Christine Lagarde said she saw positive and negative effects from a ‘complicated’ US tax overhaul, including a near-term growth bump that risks overheating the US economy and a problematic rise in debt.
International Monetary Fund Managing Director Christine Lagarde said on Tuesday the global economy was showing broad-based growth, but the landscape was shifting with heightened risks of trade disputes, monetary policy normalization and technological change.
The latest review by the International Monetary Fund has found that Egypt’s economic reforms are on track, paving the way for the transfer of another $2 billion loan disbursement, part of a three-year, $12-billion bailout loan to support the country’s battered economy.
Iran’s economy is starting to recover more rapidly from years of international sanctions but the country urgently needs to shore up its banks, a senior International Monetary Fund official said on Monday.
The International Monetary Fund (IMF) Managing Director, Christine Lagarde, who is in Ethiopia for an official visit, has praised Ethiopia's economy and called for sustaining the economic development witnessed in the east African country.
The International Monetary Fund has urged Sudan to float its currency to boost growth and investment, a measure the government has opposed even after the United States lifted 20 years of sanctions in October.
China should prioritize financial stability above development goals, as pursuit of regional growth targets and helping firms avoid heavy job losses had led to a surge in debt, particularly at local government level, the International Monetary Fund said.
The International Monetary Fund (IMF) has claimed that China risks facing a growing debt-dependency in its banking system, urging Beijing to increase its capital buffers to protect against a possible “financial crisis.”
The International Monetary Fund’s (IMF) agreement to provide $2 billion to Egypt as part of a three-year $12 billion loan agreement is a stamp of approval of economic reforms being pushed through under the terms of the deal, commentators said.