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France Unlikely To Reach Budget Deficit Target, IMF Claims

Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund (IMF) said that France is unlikely to meet its target of narrowing its budget deficit to 2.7% in 2027. According to the economist, this is primarily because of the government's current policies, with changes...

IMF Warns That World Economy Headed For Weakest Growth Since 1990

International Monetary Fund Managing Director Kristalina Georgieva announced on Thursday that global economic growth is in danger of experiencing the lowest medium-term growth since 1990. With the IMF/World Bank meetings scheduled for next week, the IMF director stated that global growth is set to...

IMF Calls For Caution As Financial Instability Threatens Stunt Global Economic Growth

International Monetary Fund managing director Kristalina Georgieva on Sunday called for caution as risks to financial stability continue to rise. Georgieva went on to state that she expects 2023 to be another financially challenging year, with global economic growth slowing to 3% following the...

IMF Global Growth Projections Slide Even Lower

The International Monetary Fund had some unfortunate news to share today—an outlook that somehow was even worse than expected. Finance experts had already been crossing their fingers over the forecast for the IMF this year, but as the old saying goes: things can always...