IMF cuts U.S. growth forecasts, cites Trump fiscal plan uncertainty


WASHINGTON The International Monetary Fund on Tuesday cut its growth forecasts for the U.S. economy to 2.1 percent for both 2017 and 2018, dropping its assumption that President Donald Trump's tax cut and fiscal spending plans would boost growth.

IMF to adopt new scheme to offer short-term dollar funds - Japanese government source

TOKYO The International Monetary Fund will introduce a new facility to give countries swift access to short-term dollar funds to guard against a potential financial crisis, a Japanese government source with direct knowledge of the matter said on Tuesday.

Budget 2017, Business, Japan, 20 Jun 2017

IMF says Japan needs to stick with fiscal, monetary stimulus

TOKYO The International Monetary Fund urged Japan to avoid withdrawing fiscal policy stimulus and said monetary policy should be loosened further if risks to the economy materialise, warning of weak consumption that remains vulnerable to external shocks.

Greece gets credit lifeline, IMF joins bailout

LUXEMBOURG Euro zone governments threw Greece another 11th-hour credit lifeline on Thursday worth $9.5 billion and sketched new detail on possible debt relief as the IMF finally offered to help out after two years of hesitation.

IMF raises China 2017 growth forecast again, partly due to 'policy support'

BEIJING The International Monetary Fund on Wednesday raised its forecast for China's 2017 economic growth to 6.7 percent, its third increase this year, citing "policy support, especially expansionary credit and public investment".

Budget 2017, Business, Economy, 14 Jun 2017

IMF's Lagarde offers euro zone Greek debt compromise, Handelsblatt says

BERLIN International Monetary Fund Managing Director Christine Lagarde has offered Greece's European creditors a way out of their impasse over Athens' debts that would allow the euro zone to release a tranche of aid later this month.

Budget 2017, Business, 05 Jun 2017

IMF says infrastructure, oil to push Uganda growth to 6-6.5 pct

KAMPALA Uganda's economy will reach growth rates of between 6 and 6.5 percent within three to four years if energy and transportation infrastructure projects are completed and oil starts flowing, an International Monetary Fund official said on Wednesday.

Budget 2017, Business, 24 May 2017

Euro zone may release new loans to Greece, will struggle for IMF to join

BRUSSELS Euro zone finance ministers may agree on Monday to release new loans to Greece but are likely to struggle to convince the International Monetary Fund to join the bailout by keeping the prospect of debt relief for Athens highly conditional. | Video

Budget 2017, Business, 22 May 2017

Don't tighten fiscal policy too fast, IMF warns Saudis

DUBAI The International Monetary Fund warned Saudi Arabia on Wednesday not to tighten fiscal policy too fast, saying rapid cuts to the government's budget deficit could damage the economy.

Budget 2017, Business, 17 May 2017

IMF urges Germany to invest in infrastructure, raise wages

BERLIN Germany should use its rising tax revenues to invest in infrastructure projects that will enhance its growth potential, and encourage employers to raise wages to help lift euro zone inflation, the International Monetary Fund said on Monday.

Budget 2017, Business, 15 May 2017