IMF | DD News

July 9, 2026 10:43 AM

India Among Fastest-Growing Major Economies with 6.4% GDP Growth Projected for FY27: IMF

India will remain among the world's fastest-growing major economies, with its GDP projected to expand by 6.4 per cent in FY2026-27, supported by strong private consumption and robust services sector activity, according to the International Monetary Fund's (IMF) July 2026 World Economic Outlook (WEO) Update. The IMF said India continues to outperform most major economies despite an expected moderation in global growth amid trade disruptions and geopolitical uncertainties. Globally, economic gro...

July 8, 2026 10:16 AM

IMF appoints Silvana Tenreyro as chief economist, head of research

The International Monetary Fund on Tuesday named Silvana Tenreyro as its next chief economist, replacing Pierre-Olivier Gourinchas, who has returned to academia, IMF Managing Director Kristalina Georgieva said in a statement. Tenreyro, a citizen of Argentina, Italy and Britain and longtime professor of economics at the London School of Economics, will take over as the IMF's economic counselor and director of the research department on August 10, the IMF said. Widely published, Te...

April 30, 2026 4:05 PM

IMF warns Asia to keep policy in balance amid Middle East energy disruptions

Asian countries will need to keep their powder dry in preparation for future shocks even as they tackle an energy crisis caused by the Iran War, IMF Director for Asia Pacific Krishna Srinivasan said on Thursday. With energy supplies running short due to the logjam in the Strait of Hormuz, southeast Asian economies have budgeted significant sums to cushion the impact of surging prices, and have also introduced measures to conserve energy, including work from home plans. But Srinivasan, speaking...

April 13, 2026 8:32 PM

Iran war weighs on global economy as IMF meeting starts

Alarm over the impact of the Iran war on the global economy grew on Monday with more countries announcing emergency support measures to combat rising energy costs, while others appealed for international support. The conflict - the third major shock to hit the world's economy after the COVID pandemic and Russia's invasion of Ukraine - will dominate this week's gathering of finance officials at the International Monetary Fund in Washington. Any lingering hopes of an early restart to oil shipmen...

April 13, 2026 10:35 AM

Economic shock of Middle East war to cast shadow over IMF, World Bank meetings

Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the global economy after the COVID pandemic and Russia's full-scale invasion of Ukraine in 2022. Top International Monetary Fund and World Bank officials last week said they would downgrade their forecasts for global growth and raise their inflation predictions as a result of the war, warning that emerging markets and develop...

April 9, 2026 10:37 PM

IMF’s Georgieva expects war to trigger demand for up to $50 bln in Fund support

International Monetary Fund chief Kristalina Georgieva on Thursday said the global lender expected near-term demand for IMF financial support to rise to between $20 billion to $50 billion as a result of spillovers from the war in the Middle East. Georgieva said the now-paused war was testing the global economy, with a 13% cut in the daily flow of the world's oil and a 20% cut in liquefied natural gas triggering a supply shock that had sent energy prices soaring, while disrupting supply chains. ...

February 26, 2026 9:38 AM

IMF calls for US fiscal consolidation to bring down ‘too big’ current account deficit

The International Monetary Fund on Wednesday called on the United States to reduce its growing fiscal deficit as the best way to bring down current account and trade deficits that it views as too large, sharing some concerns with the Trump administration. IMF Managing Director Kristalina Georgieva told reporters following the IMF's annual review of U.S. policies that "the conclusion is that the current account deficit is too big, to make it very simple for the audience. And that is recognized b...

February 3, 2026 6:27 PM

World Government Summit: IMF’s Georgieva says global economy resilient

The World Government Summit 2026 has opened in Dubai under the theme Shaping Future Governments, bringing together global leaders, policymakers and business executives to examine how innovation, sustainability and technology are reshaping public policy. Discussions at the summit are focused on strengthening government policies and boosting international cooperation to tackle economic, social and technological challenges. The programme includes more than 445 sessions featuring over 450 global fi...

February 2, 2026 12:04 PM

IMF chief says global inflation to fall, trade integration is needed

Global inflation is expected to fall to 3.8% this year and to 3.4% in 2027, helped by softer demand and lower energy prices, the IMF chief said on Monday. Managing Director Kristalina Georgieva said in a speech in the Annual Arab Fiscal Forum in Dubai that global growth has held up 'remarkably well' amid profound shifts in geopolitics, trade policy, technology, and demographics. Georgieva also called for more trade integration as unilateral trade agreements are seen on the increase. "In the w...

January 23, 2026 10:22 PM

Lebanon PM says IMF wants rescue plan changes as crisis deepens

The International Monetary Fund has demanded amendments to a draft rescue law aimed at hauling Lebanon out of its worst financial crisis on record and giving depositors access to savings frozen for six years, Prime Minister Nawaf Salam said. The "financial gap" law is part of a series of reform measures required by the IMF in order to access its funding and aims to allocate the losses from Lebanon's 2019 crash between the state, the central bank, commercial banks and depositors. Salam told Reu...