Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
Category: International Monetary Fund
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I.M.F. Sees Signs of Cooling in U.S. Economy
The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
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Behind the Unrest in Kenya, a Staggering and Painful National Debt
Kenya, the fastest growing economy in Africa, is on the brink of a fiscal calamity. Across Africa, nations are spending more on interest than on health or education.
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$29 Trillion: That’s How Much Debt Emerging Nations Are Facing
A decades-long crisis is getting worse, and now dozens of nations are spending more on interest payments than on health care or education.
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I.M.F. Is Upbeat on China’s Growth but Questions Industrial Policy
Surging exports and factory investment are buoying China’s output, but the housing market faces serious troubles and industrial policies may hurt other countries.
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U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.
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Chinese Exports Are Threatening Biden’s Industrial Agenda
The president is increasingly hitting back with tariffs and other measures meant to restrict imports, raising tensions with Beijing.
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The Global Turn Away From Free-Market Policies Worries Economists
More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.
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I.M.F. Sees Steady Growth but Warns of Rising Protectionism
The International Monetary Fund offered an upbeat economic outlook but said that new trade barriers and escalating wars could worsen inflation.
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I.M.F. Agrees to Much Larger Rescue Package for Egypt
The International Monetary Fund will provide $8 billion to Egypt, which is going through its worst economic crisis in decades.
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U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
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War Has Already Hurt the Economies of Israel’s Nearest Neighbors
The impact on global growth of the Middle East violence has so far been contained. That’s not the case for Egypt, Lebanon and Jordan, which were already struggling.