Sparked by plunging oil prices, the 2016 budget marks biggest shakeup in years and includes politically sensitive reforms Saudi Arabia has announced plans to cut government spending and reform its ... Read More
The Executive Board of the International Monetary Fund (IMF) today completed the regular five-yearly review of the basket of currencies that make up the Special Drawing Right (SDR). A ... Read More
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Qatar with the finance ministers and ... Read More
The head of the International Monetary Fund, Christine Lagarde, has said the outlook for China‘s economy is not all “doom and gloom”. “I would say that it’s a recovery ... Read More
Global growth moderate and uneven, forecast at 3.1 percent this year, 3.6 percent in 2016 Disparate fortunes between the advanced and emerging market and developing economies Lower commodity prices ... Read More
Saudi Arabia’s oil policy has an important impact on the global oil market. This year, Saudi Arabia has increased its crude oil production to a record level, re-establishing it ... Read More
The Following executive summary is from a note by the Staff of the IMF prepared for the September 4-5, 2015 G-20 Finance Ministers and Central Bank Governors Meeting in ... Read More
The economy plays a vital role in determining the welfare of people’s lives. The word “economy” may sound simple but its effect on people in terms of social, political, ... Read More
Euro area recovering but stronger growth needed to boost jobs More balanced policy mix can generate large growth dividends Cleaning up bad bank loans can help support more lending ... Read More
When it comes to geopolitics, there are often wheels working within wheels that are working within wheels. Once in a while we get a peek behind the scenes, but ... Read More
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