The International Monetary Fund reaches an agreement with the government of Ecuador to lend $6.5 billion to help fund the country's economy amid the pandemic and the subsequent fall in oil prices and finalize a debt restructuring deal with its international investors.
President of Argentina Mauricio Macri announces talks with the International Monetary Fund on financial support for the country's economy. The Central Bank of Argentina interest rate is now at 40%, inflation at 25% and the value of the Argentine peso at a record low.
Afghan finance minister Omar Zakhilwal is reported to be "running out of patience" with the International Monetary Fund (IMF) over the IMF's rejection of a plan to deal with Kabul Bank. Zakhilwal is also reported to have said that further talks with the IMF would be "a waste of time".
Britain formally backs French politician Christine Lagarde to become the next managing director of the International Monetary Fund, following the resignation of Dominique Strauss-Kahn over his alleged rape of a hotel chambermaid in New York City.
The Washington, D.C.-based global lender International Monetary Fund halts funds to the Bank of Central African States (BEAC) used by oil-producing nations in Central Africa, impacting on the Republic of the Congo and the Central African Republic.