The International Monetary Fund has sharply cut growth forecasts for the Middle East and Central Asia in 2026, as the ongoing war has sent economies into a tailspin. IMF slashes Middle East growth outlook due to war disruptions In its latest World Economic Outlook report, the IMF said the regional economy was projected to contract … Read more
Colombo, Sri Lanka’s economy has proved remarkably resilient to successive shocks, with economic activity expanding 4.2 per cent in the second quarter of 2026, the International Monetary Fund said on Wednesday. Sri Lanka economy resilient to shocks: IMF The growth marked the 11th consecutive quarter of strong economic expansion, the IMF said in a statement … Read more
Heavily indebted Senegal received a $2.2 billion lifeline from the IMF earlier this week. What does the three-year loan mean for the west African nation? Senegal has an IMF loan, now what? The agreement came after a prior 2023 IMF deal for $1.8 billion was suspended following the discovery of unreported debt under the previous … Read more