Economic policy
As the International Monetary Fund (IMF) promotes global monetary cooperation, it extends credit to countries facing economic difficulties. This support often necessitates economic reforms and policy changes, such as fiscal restraint and improved governance. While IMF loans help stabilize economies, strengthen currencies, and restore confidence, they also create substantial debt,
International Monetary Fund
Pierre-Olivier Gourinchas, International Monetary Fund (IMF) chief economist, has suggested that India may gain from measures taken against China, such as higher tariffs. Countries not closely connected to China may benefit more if such measures are extended to countries that heavily trade with China, with India being one of them.
Foreign direct investment
Pierre-Olivier Gourinchas, International Monetary Fund (IMF) chief economist, has suggested that India may gain from increased tariffs and trade restrictions imposed on China. Gourinchas made his comments at the TN Srinivasan Memorial lecture, where he discussed the impact of trade tensions and fragmentation on global trade, capital, and labor flows.
International Monetary Fund
The global economic recovery is experiencing a setback due to the Middle East conflict and ongoing crises, raising concerns about the ability of central banks to contain inflation without triggering a recession. The International Monetary Fund (IMF) reported that the pace of global economic recovery is slowing, and a new
International Monetary Fund
The FTSE 100 index in London is broadly unchanged at 7,632, while other major European bourses are in the red. Oil prices are pushing higher amid concerns about the war between Israel and Hamas and rising tensions in the region. Meanwhile, gas prices have retreated after a spike due
International Monetary Fund
Ukrainian Prime Minister Denys Shmyhal reported "fruitful meetings" with international partners in Washington this week, resulting in promises of $5 billion in additional funding to support Ukraine's ongoing battle against Russia. Shmyhal's meetings with representatives from the International Monetary Fund, the World Bank, and
International Monetary Fund
The International Monetary Fund (IMF) has recently forecasted Bangladesh's economic growth for the current fiscal year to 5.5 percent, surpassing the projections of the World Bank and the Asian Development Bank. This forecast was presented on Tuesday at the IMF-World Bank Spring Meetings in Washington, where the
Cabinet officials
Canada's Deputy Prime Minister Chrystia Freeland is advocating for Russia's removal from the Group of 20 countries and the International Monetary Fund, citing the country's invasion of Ukraine as a major contributor to current global economic turbulence. Ms. Freeland delivered this message directly to
Cabinet officials
Rania Al-Mashat, Minister of International Cooperation and Governor of Egypt at the World Bank Group, has traveled to Washington to participate in the 2022 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), scheduled to take place from October 10 to 16 under the theme
Cabinet officials
The International Monetary Fund (IMF) World Economic Outlook has forecasted a slower pace of global economic growth due to the ongoing Ukraine-Russia conflict, with the world economy expected to grow by 0.8 percentage points in 2022 and 0.2 percentage points in 2023. The conflict has led to higher
Cabinet officials
Switzerland's Federal Councillor Ueli Maurer, Federal Councillor Guy Parmelin, and Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, will participate in the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington from April 21 to 22, 2022.
European Union
Greek Prime Minister Alexis Tsipras's government announced a referendum for the Greek people to vote on the EU's draft bailout proposals, after months of negotiations on a deal to restructure Greece's debts failed. The EU's package, which includes measures relating to VAT
