WASHINGTON Turkey has not approached the International Monetary Fund to ask for financial assistance, an IMF spokesperson said on Friday.
ISLAMABAD Pakistan will decide on whether to seek a bailout from the International Monetary Fund or friendly nations such as China by the end of September, according to Asad Umar, the finance minister-in-waiting of the incoming government.
NEW DELHI The Reserve Bank of India (RBI) will need to gradually tighten monetary policy further due to rising inflation, driven mainly by higher oil prices and a falling rupee, the International Monetary Fund said on Wednesday.
ISLAMABAD Pakistan on Wednesday dismissed U.S. concerns that any new International Monetary Fund bailout for the South Asian nation would be used to repay Chinese debt as "totally wrong".
WASHINGTON U.S. Secretary of State Mike Pompeo warned on Monday that any potential International Monetary Fund bailout for Pakistan's new government should not provide funds to pay off Chinese lenders.
ISLAMABAD Equity and bond markets have welcomed Imran Khan's victory in Pakistan's disputed election, but the former cricket hero faces a tough slog to avert a currency crisis and implement long-term reforms needed to end decades of boom-and-bust cycles. | Video
LONDON The International Monetary Fund has given its backing to Ukraine's revised plans for an anti-corruption court, fulfilling one condition for unlocking the next $2 billion instalment of aid to Kiev.
BENGALURU India will remain the fastest-growing major economy this year supported by increased government spending ahead of next year's general election, but rising oil prices pose the biggest downside risk, a Reuters poll of economists showed.
Venezuela's inflation rate is likely to top 1,000,000 percent in 2018, an International Monetary Fund official wrote on Monday, putting it on track to become one of the worst hyperinflationary crises in modern history.
BUENOS AIRES An American Airlines flight carrying International Monetary Fund Managing Director Christine Lagarde made an emergency landing in Argentina shortly after taking off from Buenos Aires' Ezeiza airport on Sunday, several local media outlets reported.