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‘Second wave’ to bring more pain to developing economies via reduced...

FURTHER outbreaks in countries hosting migrant workers could deepen the economic downturns there, threatening wages, jobs, and ultimately remittances, according to the International Monetary Fund (IMF).

Global trade seen recovering faster now than after Lehman crisis

Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute...

Next World Bank, IMF meetings to be virtual — World Bank...

WASHINGTON — The World Bank and International Monetary Fund will hold their annual Fall Meetings online in October because of the novel coronavirus pandemic, World Bank President David Malpass said in a letter to the Bank’s governors.

IMF sees Asia’s pain persisting as virus curbs limit recovery

ASIA’S loss of economic output due to the deadly coronavirus will likely persist until 2022, according to the International Monetary Fund (IMF).

PHL gloom to further deepen — IMF

THE International Monetary Fund (IMF) expects a harsher downturn for the Philippine economy this year, with recovery likely to be slower as the global economic fallout from the coronavirus crisis appears to be worse than initially anticipated.

IMF plans bilateral talks on members’ COVID-19 response

THE International Monetary Fund (IMF) will engage in bilateral talks with member-countries to gauge their policy responses in containing the impact of coronavirus disease 2019 (COVID-19).

IMF chief says pandemic will unleash worst recession since Great Depression

WASHINGTON - The pandemic sweeping the world will turn global economic growth "sharply negative" in 2020, triggering the worst fallout since the 1930s Great...

PHL has policy space to guard vs economic risks — IMF

THE PHILIPPINES has space to adopt expansionary fiscal and monetary policy if risks to economic growth emerge, the International Monetary Fund (IMF) said, even as it expects expansion to improve this year amid downside risks.

No turning point in sight as IMF predicts sluggish global growth

WASHINGTON/DAVOS — Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund (IMF) official said on Monday.

IMF keeps growth forecast for PHL

THE International Monetary Fund (IMF) maintained its growth forecast for the Philippines for this year, despite lowering global growth projections.

IMF slashes 2019 Philippine growth forecast as well

THE INTERNATIONAL MONETARY FUND (IMF) has downgraded its economic growth forecast for the Philippines in 2019, over the worsening trade conflict between the US and China.

IMF cuts Philippine growth forecast for 2018 amid new challenges

THE INTERNATIONAL Monetary Fund (IMF) lowered its gross domestic product (GDP) growth projection for the Philippines this year, amid downside risks from “rising inflation, continued rapid credit growth, higher US interest rates and US dollar, volatile capital flows, and trade tensions.”

IMF weighs Argentina plea for help as peso crashes

BUENOS AIRES — The International Monetary Fund (IMF) said it was studying a request from Argentina to speed up disbursement of a $50-billion loan program after a collapse in investor confidence in President Mauricio Macri’s government sent the peso tumbling more than seven percent on Wednesday.

IMF says inflation expectations affect prices more than oil

INFLATION expectations largely dictate price trends in the Philippines more than changes in oil and non-oil import rates, economists from the International Monetary Fund (IMF) said.

Argentina to sell up to $7.5 billion from IMF in FX...

Argentina plans to sell as much as $7.5 billion in the foreign exchange market to support budget expenditures once it gets access to a...

IMF says will move quickly on Argentina loan; no details yet

Washington -- The International Monetary Fund will move quickly to agree on a loan program to support Argentina but there are no details yet...

IMF sees Philippine inflation to remain above 4% until 2019

The International Monetary Fund (IMF) expects Philippine inflation to remain elevated until 2019, and is even expecting price increases to overshoot the central bank’s...

Lagarde urges rainy-day fund for euro area to aid against shocks

IMF Managing Director Christine Lagarde urged Europe to pursue further integration, including on spending, saying a closer union of euro-area countries would help counter...

IMF sees PHL credit rise easing

CREDIT GROWTH in the Philippines may slow next year, an official of the International Monetary Fund (IMF) said, with such deceleration expected to allay...

IMF backs BSP plan to cut bank reserve requirement

By Melissa Luz T. Lopez, Senior Reporter TIGHTER liquidity conditions would likely be an opportune time for the Bangko Sentral ng Pilipinas (BSP) to trim...

IMF flags sources of domestic risk

By Melissa Luz T. Lopez Senior Reporter THE CENTRAL BANK should be ready to deploy its tools to temper rapid credit growth in the Philippines, the...

Philippines renews $1-B pledge to IMF

THE PHILIPPINES has renewed a $1-billion loan pledge to the International Monetary Fund (IMF), the Bangko Sentral ng Pilipinas (BSP) said in a statement...

IMF tells Gulf states to speed up transition from oil-based economy

THE International Monetary Fund (IMF) on Tuesday advised energy-rich Gulf economies to speed up their diversification away from oil after projecting the worst growth...

Investor confidence ‘strong’ — IMF

By Melissa Luz T. Lopez Senior Reporter INVESTOR SENTIMENT remains favorable for the Philippines despite increased political noise, an official of the International Monetary Fund (IMF)...

New appointees announced

PRESIDENT RODRIGO R. Duterte appointed Bangko Sentral ng Pilipinas (BSP) Governor, Nestor A. Espenilla, Jr. as governor of the International Monetary Fund (IMF) for...

IMF to check PHL economic health as it raises SE Asia...

By Maria Eloisa I. Calderon Editor-at-Large KUALA LUMPUR -- A team from the International Monetary Fund (IMF) is visiting the Philippines this week for an annual...