The International Monetary Fund groups 188 countries; its aim is to secure financial stability.
One of the organization's stated objectives is making financial resources available to member countries to meet balance of payments needs. The IMF therefore plays an important role in solving the crises of countries threatened by bancruptcy. Its headquarters are in Washington, D.C., United States, it current managing director is Christine Lagarde, a former French finance minister. This page collates recent DW coverage concerning Lagarde and the IMF.
Barbados has been struggling with weak economic growth over the past decade, putting strains on its public debt and deficit. The ailing economy offers a cautionary tale for other small island nation states in the region.
Saudi Arabia says it will host a donors' conference of several Arab countries to discuss ways to support cash-strapped Jordan, which is facing mass demonstrations over the kingdom's austerity measures amid price hikes.
After five years of Nicolas Maduro’s presidency, the IMF calculates Venezuela’s inflation at a staggering 16,000 percent. Poverty increased 87 percent in the past year, according to the National Survey of Living Conditions. Maduro blames the economic crisis on Washington-backed "criminal mafias"