The International Monetary Fund (IMF) has warned that up to $50 billion in emergency financing may be required to support countries facing balance-of-payments shocks, as worsening global food insecurity puts an estimated 45 million people at risk. The projection comes ahead of the 2026 World Bank and IMF Spring Meetings scheduled to begin on Monday,…
By Ayomide Otitoju Heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group have announced the formation of a joint coordination group to align responses to the energy and economic fallout from the ongoing Middle East conflict. In a statement released on Wednesday, the institutions highlighted the widespread disruptions caused…
By Ayomide Otitoju The heads of the International Monetary Fund (IMF), World Bank Group (WBG), and World Health Organization (WHO) have agreed on a coordinated approach to enhance global pandemic preparedness. This partnership aims to scale up support for countries to prevent, detect, and respond to public health threats by leveraging the IMF’s Resilience and…
