The BRICS has recently made a unified proposal for major reforms in the IMF process. Understand the whole methodology behind ...

The IMF approved Colombia's current FCL in April 2024. The South American country has had access to that type of program since 2009, tapping it once in 2020 with a then $5.4-billion draw to cover ...

The International Monetary Fund (IMF) said on Monday Colombia has requested a new flexible credit line to replace its previous $6 billion two-year program with the Fund, which should expire this ...

IMF chief Kristalina Georgieva on Thursday announced plans for a new playbook for countries considering debt restructuring, and redoubled her calls for heavily indebted countries to take proactive ...

The IMF said that the global economy will grow just 2.8 percent this year, down from its forecast in January of 3.3 percent, according to its latest World Economic Outlook.