Christine Lagarde says global growth could slow if trade tension continues.
IMF says the global economic outlook could be slashed by 0.5% in 2020 and cause some US$455 billion in gross domestic products to evaporate.
IMF researchers say that US companies are paying the cost from Donald Trump's tariffs on Chinese imports, a recent revelation disputing that China is footing the bill.
'It’s more important now than ever to look at EM not as one block that you can go in and out of, but to differentiate a little bit.'
Negotiations between Pakistan and the International Monetary Fund results in the Islamic country securing a US$6 billion bailout for its cash-strapped economy.
Pakistan needs the financial aid to ease a balance-of-payment crisis triggered by high fiscal and current-account deficits and dwindling foreign exchange reserves.
The removal of the two comes weeks after Finance Minister Asad Umar was asked to resign.
The central African nation is seeking the International Monetary Fund for help and Beijing is not comfortable with that.
'I think the book reaffirms what we all believe: that in the end she will be a presidential candidate.'
Turkey’s central bank began last month borrowing excess foreign currency from commercial lenders through FX swap auctions, lending the banks liras in return.
Shaikh takes on the role of finance chief for a second time following an appointment in 2010 and was the minister in charge of privatisations in the early 2000s .
Draghi’s intervention is notable given central bankers are usually loath to comment on politics or events in economies other than their own.
Governments have been called by the IMF and World Bank to avoid increasing its debt which could deteriorate each country's economy.
The IMF could be wrong over its economic forecasts, it is headed for a greater growth.
The US president offered a vivid reminder that, even as he moves toward a deal with China to end their tariff wars, he has other relationships he’s eager to rewrite.
The International Monetary Fund will update its global outlook as central bankers and finance ministers will get a chance to take stock of the global economy in view of Brexit trade tensions.
“If we have a deal, then we’ll have a summit,” Trump said. It might take four weeks to put together a framework for the deal and two weeks more to get the details on paper, he said.
Any attempts to address a trade deficit or surplus with another country through tariffs would shift the trade balances with other countries.
IMF chief Christine Lagarde said the world economy was vulnerable to shocks from Brexit, high debt levels and trade tensions, as well as unease on financial markets.
Other foreign currency assets amount to US$653.8 million.
Permintaan domestik dijangka kekal menjadi pemacu utama pertumbuhan.
It notes that growth has averaged above 5% over the past five years, leading to higher per capita income and reducing already-low poverty.
The South Asian nation is looking to bridge a financial gap of at least US$12 billion.
IMF Managing Director says trade tensions are already having a global impact.