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.
Germany is the world’s leading country when it comes to exports. With nearly 290 billion dollars in exported goods in 2017 – the figure is more than double that of China. Many have been criticizing Germany for years for its trade imbalance with other countries. The IMF’s chief economist also sees it as a problem.
German Finance Minister Olaf Scholz has added his voice to calls by the IMF and others to avoid a trade war with the US. But the US' man at the G20, Steve Mnuchin, continued to threaten tariffs if US demands are not met.
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.