COVID-19 has hit Latin America and the Caribbean harder than other parts of the world, both in human and economic terms, the IMF reported on Thursday (Oct.22) in Washington, DC. The IMF forecasts a contraction…
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Sub-Sahara Africa is headed for its worst economic decline on record, the IMF reported Thursday (Oct. 22) in Washington, DC. The IMF forecasts a 3 percent decline in sub-Saharan Africa’s GDP in 2020 announced Abebe…
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The IMF’s economic outlook for Europe forecasts a 7% decline in Europe’s GDP in 2020 and an uneven and partial recovery from this crisis as the second wave of infection intensifies, announced Alfred Kammer, Director…
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Jihad Azour, Director of Middle East and Central Asia Department, at the IMF announced the release of Middle East and Central Asia Regional Economic Outlook on Monday Oct. 19. He said that in 2020 for…
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The IMF is scheduled to hold technical talks with Pakistan beginning November 7 on how to best support that country’s economy, spokesman Gerry Rice told reporters Thursday (November 1) in Washington. An IMF staff…
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The International Monetary and Financial Committee (IMFC) gathered in Bali, Indonesia Saturday for the IMF’s Annual Meetings. Leaders discussed ways to support the global expansion and lower tensions over trade and other risks to the…
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The IMF welcomed report that the US and China may be on the verge of a trade deal and supports ratcheting down of the tension between the Washington and Beijing, spokesman Gerry Rice told reporters…
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Easing monetary and financial conditions have supported markets and investors, but a rise in leverage and debt is a risk to stability, the IMF’s Financial Counselor Tobias Adrian said Thursday (June 25) in Washington, DC.…
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The International Monetary Fund is downgrading global growth significantly in its latest update to the World Economic Outlook forecast, with the COVID-19 pandemic setting the world economy back by $12 trillion in lost potential, the…
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The IMF continues to move at a record speed in trying to support and help its member countries deal with the COVID-19 crisis. The Spokesperson Gerry Rice told reporters during the bi-weekly virtual press briefing…
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