Four out of ten people in the world live in a country that spends more money servicing the interest on its sovereign debts ...

South Africa would gain significant economic benefits by adopting a lower inflation target though the process should be ...

As the euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could be the next source of global market volatility after gyrations in Japan's yen sparked a ...

Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, aiming to catalyse the island nation’s nascent recovery from a deep financial crisis.

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...

The Cabinet of Ministers has approved the proposal presented by the President, in his capacity as a Minister of Finance, ...

The Cabinet of Ministers has approved the proposal for the restructuring of international sovereign bonds by way of swapping ...

Bangkok: An International Monetary Fund (IMF) staff team, led by Ms. Corinne Deléchat, held the 2024 Article IV Consultation with Thailand between November 11 and 26, 2024. At the conclusion of the ...

The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.

Invesco Global Allocation Fund Class A shares at NAV had a positive return but underperformed Custom Invesco Global ...

"It was a routine visit, part of the IMF’s standard practice for countries with active programmes", says finance minister.

Excluding the pandemic, the turnaround in the budget, from surplus to deficit, is set to be the largest single-year reversal ...