International Monetary Fund

Upward revision of outlook

The Foundation for Economic and Industrial Research (IOBE) has upwardly revised its forecast for Greece's growth in 2023 to 2.4%, from 1.4% three months ago, following a general trend after statistical agency ELSTAT's positive data for a growth rate of 5.9% in 2022.

IMF: Serbian economy has shown resilience in face of strong headwinds

BELGRADE - The Serbian economy has shown resilience in the face of strong headwinds from high food and energy prices, weak trading partner growth, and tight global financial conditions, the International Monetary Fund (IMF) said on Wednesday after its mission completed the first review under a stand-by arrangement with Serbia.

Sri Lanka bailout conditional on tackling corruption: IMF

Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the International Monetary Fund (IMF) said yesterday after signing off on a $3 billion loan for the crisis-hit nation.

The IMF approved its long-delayed rescue program on March 20 after China, the South Asian nation's biggest bilateral lender, offered debt relief assurances.

Bulgarian National Bank: Incompetent and Irresponsible Statements! Changing the BGN-EUR Exchange Rate is Impossible

"Changing the leva-euro exchange rate is impossible". This is stated by the Bulgarian National Bank to National radio, after yesterday information was spread, which is claimed to be from a report of the Ministry of Finance, according to which there is a risk of a change in the exchange rate of the leva against the euro.

Bulgaria’s Finance Minister: There is No Risk of Bankruptcy

"There is no risk of bankruptcy of the state, nor of the intervention of the International Monetary Fund and the need to take out new debt." This was stated on the National Television by the Acting Minister of Finance Rositsa Velkova. Her comment was on the occasion of the two scenarios of the long-term budget forecast leaked to the media yesterday.

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