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Coronavirus puts 'fragile' global recovery at risk: IMF to G20

Anuj Chopra and Haitham El Tabei, Agence France-Presse
Posted at Feb 24 09:04 AM

Global growth was poised for a modest rebound to 3.3 percent this year, up from 2.9 percent last year, International Monetary Fund chief Kristalina Georgieva said after a two-day meeting of G20 finance ministers and central bank governors in Riyadh. Read more »

IMF warns China virus hitting a fragile global economy

Heather Scott, Agence France-Presse
Posted at Feb 19 10:18 PM

In the best-case scenario, the economic hit from the epidemic in China will be short-lived, but it comes as the global economy remains fragile, IMF chief Kristalina Georgieva said Wednesday. Read more »

Coronavirus could damage global growth in 2020: IMF

Agence France-Presse
Posted at Feb 16 10:34 PM

The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow. Read more »

IMF chief sees 'mild' virus impact on global economy

Agence France-Presse
Posted at Feb 13 08:33 AM

The IMF is expecting a "V-shaped impact," with a sharp decline in activity in China followed by a sharp recovery, meaning there likely will only be a "mild impact on the rest of the world," Georgieva said on CNBC. Read more »

IMF expects strong growth for PH economy

ABS-CBN News
Posted at Feb 11 11:09 PM

The International Monetary Fund believes the Philippine economy is poised for strong growth this year. Read more »

IMF forecasts faster PH growth but sees virus outbreak having impact

Warren de Guzman, ABS-CBN News
Posted at Feb 11 05:53 PM

The International Monetary Fund said Tuesday the coronavirus outbreak will have a negative effect on Philippine growth even as the multilateral agency forecast faster economic expansion this year.  Read more »

Too soon to tell economic impact of virus on China: IMF chief

Agence France-Presse
Posted at Jan 31 07:02 AM

It is still too soon to gauge the economic impact of the virus outbreak on China's economy, beyond the first three months of the year, International Monetary Fund chief Kristalina Georgieva said Thursday.   Read more »

IMF trims global growth estimates for 2020, 2021

Agence France-Presse
Posted at Jan 21 01:03 PM

In the latest update to its World Economic Outlook, the IMF cut the global growth estimate for 2020 to 3.3 percent, 0.1 percentage point lower than in the prior report released in October. It lowered the 2021 forecast by 0.2 percentage points, to 3.4 percent.   Read more »

IMF: PH in good position to weather global economic risks

ABS-CBN News
Posted at Jan 18 12:01 AM

The International Monetary Fund believes the Philippines is currently in a good position to weather various global economic risks.  Read more »

Manila's 'significant' gains vs poverty must translate to inclusive growth: IMF

Cathy Yang, ABS-CBN News
Posted at Jan 17 03:26 PM

Manila must ensure that poverty alleviation efforts are "targeted" rather than depending on effects of social programs to "naturally go down," said Changyong Rhee, director of the IMF's Asia and Pacific Department. Read more »

Global debt reaches record-high $188 trillion: IMF

Kyodo News
Posted at Nov 08 03:51 AM

Global debt has reached a record high $188 trillion, or about 230 percent of the world's economic output, International Monetary Fund chief Kristalina Georgieva said Thursday, while warning of the risks such debt poses to financial stability.   Read more »

IMF cuts euro zone growth forecasts, as Germany slows and Italy stalls

Reuters
Posted at Nov 06 10:52 PM

Euro zone economic growth is set to slow more than expected as the bloc's manufacturing crisis could spill over to the larger services sector under protracted global trade tensions, the International Monetary Fund said on Wednesday.   Read more »

IMF chief Georgieva tells women: Don't accept less!

Agence France-Presse
Updated as of Oct 16 08:12 AM

Women around the world take on far more unpaid work than men but what they should never do is agree to a lower wage in the workplace, IMF chief Kristalina Georgieva said Tuesday. Read more »

IMF warns global outlook 'precarious,' no room for policy mistakes

Heather Scott, Agence France-Presse
Posted at Oct 15 10:31 PM

The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war undercuts business confidence and investment, the IMF said Tuesday. Read more »

To save climate, tax carbon at $75 per ton: IMF

Agence France-Presse
Posted at Oct 11 08:02 AM

The world's biggest carbon polluting nations should jointly agree to tax emissions at $75 per ton in the next decade to keep climate change at safe levels, the International Monetary Fund said Thursday. Read more »

US, China tariffs could lower global GDP by 0.8 percent in 2020: IMF

Andrea Shalal, Reuters
Posted at Sep 13 09:09 AM

IMF spokesman Gerry Rice said trade tensions were beginning to affect a world economy already facing challenges including a weakening of manufacturing activity not seen since the global financial crisis of 2007-2008. Read more »

IMF downgrades world growth, warns of 'precarious' 2020

Heather Scott, Agence France-Presse
Posted at Jul 24 07:36 AM

Global trade tensions, continued uncertainty and rising prospects for a no-deal Brexit are sapping the strength of the world economy, which faces a "precarious" 2020, the International Monetary Fund warned on Tuesday.   Read more »

IMF/World Bank: 75 years as the world's financial firefighters

Heather Scott and Delphine Touitou, Agence France-Presse
Posted at Jul 21 11:19 AM

After 75 years putting out financial fires around the world, the IMF and World Bank face criticism for repeatedly failing to prevent crises and for making things worse for the people they were meant to help. Read more »

WTO future a concern for global finance chiefs

Antonio Rodriguez, Agence France-Presse
Posted at Jul 17 11:19 PM

Global finance chiefs meeting in France have warned that the World Trade Organization's internal court risks becoming paralyzed by bitter disputes between member states.   Read more »

IMF's Lagarde 'honored' to be tapped to head European Central Bank

Agence France-Presse
Posted at Jul 03 09:08 AM

EU leaders announced a deal to fill the top positions in the political and economic bloc, including picking Lagarde to succeed ECB chief Mario Draghi, whose single, eight-year term ends in November. Read more »