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Liberalisation of exchange rate comes as economic crisis worsens and reserves dwindle
Fund points to ‘significant upside risks’ to inflation and calls for flexible approach to controlling bond yields
How to funnel stagnant SDRs where they’re actually needed
Cairo’s agreement with the IMF commits it to reducing the presence of the state in numerous sectors
Sharp about-turn in sentiment comes as IMF indicates it will upgrade its global economic forecasts
Can it work though?
Upbeat mood at World Economic Forum as China reopens and data suggest that Europe will avoid deep recession
Al-Sisi regime agrees to reforms over state ownership in the face of financial crisis
Promised aid will not alleviate energy shortages and cash crunch, analysts say
Fund’s second-in-command urges Fed to ‘stay the course’ on rate rises this year
The policy to safeguard IMF’s resources has become a hot mess
Kristalina Georgieva says next couple of months will be ‘tough for China’ due to spread of Covid
Officials in Accra must agree conditions with other creditors before three-year loan is signed off
Farmers have been unable to boost supply, leading to expectations that costs will remain above pre-pandemic levels
Beijing rejects US criticism of its pandemic policies as some cities experiment with reopening
Poorer nations say they need more grants rather than loans to tackle climate change
The global crisis has magnified the fragility of the country’s state-driven economic model and forced it to take out new multilateral loans
Egyptian pound plunges 14.5% after Cairo moves to flexible exchange rate demanded by fund
IMF calls on member states to increase jointly backed debt to protect against risk of individual default
There’s not much policy co-ordination going on, and countries are using trade and finance links as geopolitical weapons
Concerns centre around volatility, emerging markets and transmission of shocks, but industry figures insist they are overstated
IMF meetings yet to align better awareness of major economic problems with the scale of action required
Deal will help reassure other donors that the country is committed to reforms
There was optimism at this week’s meetings that the lenders would help finance environmental measures
Day of drama in the UK, dire results from Wall Street banks, Xi plans to tighten grip
International Edition