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...

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...

January 19, 2026 3:39 PM

IMF raises India’s 2025 growth estimate to 7.3 per cent

The International Monetary Fund (IMF) on Monday raised India’s economic growth projection for 2025 by a sharp 0.7 percentage point to 7.3 per cent, citing stronger-than-expected performance in the second half of the year. In its latest World Economic Outlook Update, the IMF said the upward revision reflects a “better-than-expected outturn in the third quarter and strong momentum in the fourth quarter,” reaffirming India’s position as one of the fastest-growing major economies globally. ...

January 16, 2026 8:17 PM

IMF’s growth forecasts to show resilience to global trade shocks, Georgieva says

The International Monetary Fund's latest economic forecasts due next week will show the global economy's continued resilience to trade shocks and "fairly strong" growth, IMF Managing Director Kristalina Georgieva told Reuters on Thursday. In an interview during a visit to Kyiv to discuss the IMF's loan to Ukraine, Georgieva suggested the IMF could again revise its forecasts slightly upward as the World Bank did this week. In October, the IMF edged its 2025 global GDP growth forecast higher to ...

October 15, 2025 10:59 PM

IMF sounds alarm about high global public debt, urges countries to build buffers

Global public debt is projected to rise above 100% of gross domestic product by 2029, reaching its highest level since 1948 and continuing to climb, the IMF said on Wednesday, urging countries to build up buffers to guard against economic risks. Vitor Gaspar, head of the International Monetary Fund's fiscal affairs department, said global public debt levels could soar as high as 123% of GDP by the end of the decade under an "adverse, but plausible scenario," just under the all-time high of 132%...

October 14, 2025 10:23 PM

IMF warns of rising odds of ‘disorderly’ global market correction

Global markets are too comfortable with risks, including trade wars, geopolitical tensions and yawning government deficits, which, combined with already overpriced assets, increase the chance of a "disorderly" market correction, the International Monetary Fund said on Tuesday. Underscoring the IMF's warning, U.S. President Donald Trump's revived threats on Friday to hike tariffs on China stoked investor fears of a major asset price correction. The comments sparked a sell-off in U.S. stocks and ...

July 22, 2025 9:44 AM

IMF’s Gita Gopinath to step down in August, return to Harvard University

Gita Gopinath, the No. 2 official at the International Monetary Fund, will leave her post at the end of August to return to Harvard University, the IMF said in a statement on Monday. IMF Managing Director Kristalina Georgieva will name a successor to Gopinath in "due course," the IMF said. Gopinath joined the fund in 2019 as chief economist - the first woman to serve in that role - and was promoted to first deputy managing director in January 2022. No comment was immediately available from th...

July 11, 2025 12:04 PM

UPI impact: India now makes faster payments than any other country, says IMF

India now leads the world in faster payments, thanks to the widespread adoption of the Unified Payments Interface (UPI), according to a recent note from the International Monetary Fund (IMF). Since its launch in 2016, UPI has witnessed exponential growth, while several indicators of cash usage have shown a declining trend. UPI now processes over 18 billion transactions per month, dominating the electronic retail payments ecosystem in India, the IMF noted in its paper titled “Growing Retail Di...

April 26, 2025 6:27 PM

India lifts 171 million out of extreme poverty in a decade: World Bank

In one of the most remarkable achievements of the past decade, India has lifted 171 million people out of extreme poverty, according to the World Bank’s Spring 2025 Poverty and Equity Brief. The report highlights that the proportion of Indians living on less than 2.15 US dollars a day—the international benchmark for extreme poverty—fell sharply from 16.2 percent in 2011-12 to just 2.3 percent in 2022-23, according to the Ministry of Information & Broadcasting. This achievement stands ...

April 23, 2025 11:16 AM

IMF slashes global outlook as White House says trade talks pick up pace

Worldwide economic output will slow in the months ahead as U.S. President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with Trump's team to lower the levies. Indeed, the pace of negotiations was brisk, White House press secretary Karoline Leavitt said, with 18 different countries offering proposals so far and Trump's trade negotiating team set to meet with ...