Pakistan’s next government, to be chosen in a July 25 election, faces growing fears of a balance of payments crisis with speculation it will have to seek its second IMF bailout in five years, analysts said.
The International Monetary Fund called on New Zealand to reconsider a controversial plan to ban foreigners from buying residential property, warning the move could discourage foreign direct investment necessary to build new homes.
The International Monetary Fund (IMF) has urged Saudi Arabia to keep public spending under control as the kingdom’s economy appears to be slowly recovering from the deep recession in line with climbing oil prices.
Egypt will have to deepen its IMF-backed reforms and better encourage private sector growth if it wants to cash in on a wave of global expansion that may soon come to an end, a fund official in Cairo said.
South Korea will discuss currency market-related issues, such as how to reveal records of its market interventions, with the International Monetary Fund next week, the country's chief economic policymaker said.
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.