The International Monetary Fund (IMF) has announced that it slashed borrowing costs for member countries by 36% due to ...

The IMF’s Board of Directors decided to reduce the value of these additional fees by 36%, nearly $1.2bn annually, starting ...

The Executive Board of the International Monetary Fund (IMF) has completed the Review of Poverty Reduction and Growth Trust ...

As BRICS grows in both membership and global sway, its expansion comes with divisions among its members old and new on how to ...

The International Monetary Fund (IMF) has announced it is reducing the costs for countries that borrow money from it by ...

The International Monetary Fund on Friday approved measures that will reduce its members' borrowing costs by about $1.2 ...

The IMF approved reforms on Friday that will lower members' borrowing costs by 36 percent and lift eight indebted countries out of the requirement to pay more to borrow money.

This will lower borrowing costs for our members by 36 percent while preserving the IMF's financial capacity to support countries in a challenging global environment,” IMF Managing Director ...

Surcharges are additional fees levied by the IMF on loans to countries with outstanding credit to the multilateral lender.

The IMF's economic governance policy focuses on those government functions that are most relevant to economic activity.

"The approved measures will lower IMF borrowing costs for members by 36%, or about $1.2 billion annually," Georgieva said in a statement. "The expected number of countries subject to surcharges in ...