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COVID-19

In COVID-19 outbreak, IMF urges coordinated action

by Kai Ryssdal and Katherine Wiles
Mar 5, 2020
The IMF had a call with 189 member countries Tuesday to discuss a coordinated response to COVID-19.
IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass bump elbows instead of shaking hands at a press briefing on COVID-19 in Washington, D.C., on March 4, 2020.
Nicholas Kamm/AFP via Getty Images
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IMF says U.S.-China tensions impede global growth

by Andy Uhler
Oct 15, 2019
0.8% may not sound like a lot, but on a global scale, it's different.
The IMF released a report saying global growth would be larger if the U.S.-China trade war ended. Above, workers prepare a shipping container at a port in the Shandong province of China in January, 2019.
STR/AFP/Getty Images
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Trade showdown

IMF's acting director on U.S. and China: "It takes two to tango"

by Kai Ryssdal
Aug 5, 2019
"Both sides should sit down and talk more," says David Lipton of the International Monetary Fund.
Then-IMF First Deputy Managing Director David Lipton in 2018.
Saul Loeb/AFP/Getty Images
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The IMF cuts global growth outlook to 3.3 percent

by Kai Ryssdal , Daniel Shin and Liz Sanchez
Apr 9, 2019
A conversation with the IMF's chief economist about the lowest global growth rate since the financial crisis.
IMF Chief Economist Gita Gopinath speaks during a press conference in Washington, DC on April 9, 2019.
Andrew Caballero-Reynolds/AFP/Getty Images
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IMF's Christine Lagarde: a firefighter and an architect

by Kai Ryssdal
Feb 21, 2019
The International Monetary Fund managing director on her dual role, the rise of inequality, the repercussions of the global trade war and women in finance.
Christine Lagarde, managing director of the International Monetary Fund, during the IMF and the World Bank Group 2018 spring meetings in Washington, D.C., in 2018.
Jim Watson/AFP/Getty Images
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Questions abound as World Bank seeks new leader

by Tracey Samuelson
Jan 8, 2019
The head of the World Bank, Jim Kim, announced his resignation Monday — a surprise given that he’s still got a few years left on his term. So now the search is on to find his replacement. Traditionally, the World Bank’s been led by an American, while the International Monetary Fund has been run by […]
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For Ukraine, IMF delivers a gift with strings

by Ben Bradford
Dec 25, 2018
You know Dasher and Dancer and Prancer and Vixen. How about the International Monetary Fund? The global financial lender is about to deliver to Ukraine the first installment of almost $4 billion in low-interest loans approved last week. It’s a complicated Christmas present, and there are conditions attached. Click the audio player above to hear […]
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IMF forecasts slower global growth

by Sabri Ben-Achour
Oct 9, 2018
The International Monetary Fund said Tuesday it’s shaving off some of its earlier optimism about world economic growth over the next couple years. It has downgraded its growth forecast for this year from 3.9 percent to 3.7 percent, and for next year, the IMF has ticked the world’s growth down from 2.7 percent to 2.5 […]
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Argentina – another emerging market economy feels the heat

by Sabri Ben-Achour
Aug 30, 2018
What kind of shape is South America's second-largest economy in?
Currency exchange values are displayed in the buy-sell board of a bureau de exchange in Buenos Aires, on August 29, 2018. - Argentina's President Mauricio Macri said Wednesday that the International Monetary Fund has agreed to accelerate funding in support of his government's austerity program. The development came amid heightened volatility in the South American country's financial and currency markets, which have been battered by uncertainty over inflation, an economic downturn and budget deficits.
EITAN ABRAMOVICH/AFP/Getty Images
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Venezuela launches new currency, but problems remain

by Dan Gorenstein
Aug 20, 2018
Today Venezuela rolls out its new currency – the “sovereign bolivar.” It’s one of several steps the country is taking to curb runaway inflation, which is likely to top 1 million percent this year, according to the International Monetary Fund. What effect will this have on the South American nation’s economy? Click the audio player […]
A man shows new five Bolivar-notes in Caracas on Aug. 20, 2018.
FEDERICO PARRA/AFP/Getty Images
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