The global economy is finally emerging from the worst phases of the COVID-19 pandemic, although with prospects diverging starkly across regions and countries, the IMF says in its Global Financial Stability Report unveiled Tuesday (April…
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The IMF announced an upgrade to global growth in its World Economic Outlook on Tuesday (April 6) in Washington, DC. The global economy is projected to grow at 6 percent in 2021, moderating to 4.4…
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Growth in Latin America and the Caribbean recovered briskly in the second half of 2020, yet still more slowly than the global economy and other emerging markets, the IMF announced yesterday (Thursday, April 15th) in…
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The sub-Saharan Africa region’s economic outlook will grow by 3.4 percent in 2021, up from 3.1 percent projected in October, and supported by improved exports and commodity prices, along with a recovery in both private…
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Europe’s economy is growing, but there is still need for continued support as vaccine rollout programs gain speed, the IMF says in the newly released European Regional Economic Outlook released Wednesday (April 14) in Washington,…
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Asia is growing strongly in 2021, but there is still much uncertainty and risk to the economic outlook, the IMF says in the newly released Asia Pacific Regional Economic Outlook released Tuesday (April 13) in…
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In her press briefing held today (Wednesday, April 7th) in Washington, DC, the IMF’s Managing Director Kristalina Georgieva said that vaccinations and policy support were the reasons behind an increase to 6% in the World…
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The IMF announced a 4% pick up in the Middle East and North Africa region’s real GDP forecast and a 3.7% rise in the Caucasus and Central Asia’s in 2021 on Sunday (April 11th) in…
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The IMF released today (Wednesday, April 7th) the latest update of its Fiscal Monitor report which stated that in the first year of COVID-19, fiscal policy has reacted quickly and forcefully to the health emergency.…
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The global economy is recovering from the crisis faster than expected last October, thanks to an unprecedented policy response and rapid progress in vaccine development, announced IMFC Chair Minister Magdalena Andersson in her first IMFC…
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