Vaccine access is "principal fault line" in global economic recovery — IMF

Jul 28, 2021
The International Monetary Fund has raised its economic growth forecast for economies with relatively high vaccination rates and lowered it for those where rates are low.
Increasing vaccine access around the world "is clearly the No. 1 policy priority," says Malhar Nabar of the IMF. "That's the only way we're going to really beat back this pandemic."
Apu Gomes/AFP via Getty Images

IMF projects 6% global growth, driven in part by U.S. GDP growth

Apr 6, 2021
Financial stimulus policies are driving economic growth, but not all economies are recovering at the same speed.
The IMF is projecting 6.4% growth in the U.S. in 2021 and 3.5% growth in 2022.
Mandel Ngan/AFP via Getty Images

IMF warns global growth will be lopsided

Apr 5, 2021
It may take years for much of the world to match the U.S. and China, where bigger vaccine rollouts have sped up economic recovery.
As some countries recover, interest rates rise, making it harder for the economies of other countries to rebound.
Karen Bleier/AFP via Getty Images

IMF encourages countries affected by COVID to keep spending on safety net

Oct 13, 2020
For the world's poorest, the pandemic has exacerbated their situation.
A woman walks past a promotional poster for the virtual 2020 International Monetary Fund annual meetings, outside their  headquarters in Washington, D.C., on Oct. 13, 2020.
Andrew Caballero-Reynolds/AFP via Getty Images

The IMF predicts the global economy will shrink by 5% this year

Jun 24, 2020
That means fewer jobs and more debt. And the U.S. may be in for even worse.
A man passes graffiti about the coronavirus in Beirut, Lebanon. The IMF is predicting a world-wide downturn of 5% as people spend less money while stuck at home due to COVID-19.
Patrick Baz/AFP via Getty Images

This crisis is hard on us. It's even harder on countries that aren't rich.

May 21, 2020
Capital has fled emerging markets on a massive scale. Currencies are down, debt burdens are rising and people are falling into poverty.
A family walks down the street in Sao Paulo, Brazil. The value of that nation's currency, the real, has plummeted.
Rodrigo Paiva/Getty Images

IMF says global economy will shrink 3% this year because of COVID-19

Apr 14, 2020
IMF economists talked to epidemiologists and tried to estimate how much COVID-19 restrictions will affect the economy.
Forecasts could change dramatically based on policy decisions made around the global COVID-19 pandemic.
Karen Bleier/AFP via Getty Images

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In COVID-19 outbreak, IMF urges coordinated action

Mar 5, 2020
The IMF had a call with 189 member countries Tuesday to discuss a coordinated response to COVID-19.
IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass bump elbows instead of shaking hands at a press briefing on COVID-19 in Washington, D.C., on March 4, 2020.
Nicholas Kamm/AFP via Getty Images

IMF says U.S.-China tensions impede global growth

Oct 15, 2019
0.8% may not sound like a lot, but on a global scale, it's different.
The IMF released a report saying global growth would be larger if the U.S.-China trade war ended. Above, workers prepare a shipping container at a port in the Shandong province of China in January, 2019.
STR/AFP/Getty Images

IMF's acting director on U.S. and China: "It takes two to tango"

Aug 5, 2019
"Both sides should sit down and talk more," says David Lipton of the International Monetary Fund.
Then-IMF First Deputy Managing Director David Lipton in 2018.
Saul Loeb/AFP/Getty Images