Tag Archives: IMF

The International Monetary Fund downgraded its 2023 outlook for the world economy, suggesting that next year “will feel like a recession” for many thanks to central bank reactions around the world.    The lending agency of 190 countries said Tuesday morning that global economic growth would be a meagre 2.7 …

The International Monetary Fund announced Thursday it has reached a preliminary agreement to provide Sri Lanka with $2.9 billion over four years to help it recover from its worst economic crisis. The arrangement will help restore financial and macroeconomic stability and debt sustainability. It will also enable the country’s growth …