Latest International Monetary Fund News

IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

Jan. 17, 2025 10:26 AM EST

WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign goods, ease...

IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

Jan. 17, 2025 09:56 AM EST

WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign goods, ease...

Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion

Jan. 15, 2025 09:20 AM EST

ISLAMABAD (AP) — Pakistan's prime minister on Wednesday welcomed the first-of-its-kind agreement with the World Bank under which Islamabad will get $20 billion in funding in 10 years to invest in renewable energy, education, and social sectors. In a post on the X platform, Shehbaz...