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Tag: IMF

Britain, Egypt, Finalise Loan Deal

Cairo (AFP) – British Foreign Secretary Boris Johnson and Egyptian President Abdel Fattah al-Sisi on Saturday finalised a $150 million loan guarantee agreement tied to crucial IMF financing for Egypt. In Johnson’s first visit as foreign secretary to Egypt, he

IMF Agrees with Donald Trump on Stagnant Economy

The dismal forecast in the latest International Monetary Fund (IMF) World Economic Outlook reads like Republican presidential nominee Donald Trump’s talking points — namely, in its analysis that “sub-par growth at recent levels risks perpetuating itself—through the negative economic and political forces it is unleashing.”

IMF Boss: Markets Got Brexit Prediction Wrong

WASHINGTON (Reuters) – Financial markets “vastly underestimated” the outcome of Britain’s vote to leave the European Union but did not panic on Friday, International Monetary Fund Managing Director Christine Lagarde said on Sunday. “There was a violent, brutal, immediate massive

IMF: Global Economy Losing Momentum

FRANKFURT, Germany (AP) — The head of the International Monetary Fund is warning that the global economy is losing momentum and urging governments to take action to preserve the recovery. Christine Lagarde said in a speech Tuesday in Frankfurt, Germany,

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