US Treasury Secretary, Janet Yellen, The world economy is recovering from the challenges of recent years, such as the pandemic and the war in Ukraine, thanks mainly to the strong performance of the United States, he said Thursday. “Today the global economy remains resilient, driven in large part by the remarkable economic performance of the […]
Tag: IMF
Latam currencies have fallen 5% against the dollar in 2024: IMF does not rule out currency intervention
The International Monetary Fund (IMF) reported that Latin American currencies have fallen 5% against the US dollar in net terms so far this year, even after the partial recovery recorded in recent weeks. The report “Currency Developments in Emerging Markets and Their Implications for Financial Stability,” published on the IMF blog, notes that the decline […]
IMF maintains its projection for Peruvian GDP for this year at 2.5%
After two years, the Peruvian economy will surpass the regional average. In 2025, they aim for a rate of 2.7%. Join the Whatsapp channel The International Monetary Fund (IMF) maintained its projection for the growth of the Peruvian economy for 2024 at 2.5%. It is worth noting that at the beginning of the year they […]
Madagascar, first country to benefit from the IMF and WB climate mechanism
Madagascar will be the first country to benefit from a joint program of the International Monetary Fund (IMF) and the World Bank (WB) to stimulate action for the climatethrough a loan of US$ 321 million released on Friday, both organizations announced. “Through this mechanism, the coordinated efforts of the World Bank Group and the IMF […]
IMF warns that generative AI will also affect skilled jobs
The Artificial Intelligence (AI) Generative technology could replace humans in cognitive jobs – in which mental processes are needed to process information -, which would expand the automation of the labor market to other sectors beyond repetitive tasks, according to a study published this Monday. he International Monetary Fund (IMF). Until now, it has been […]
International Monetary Fund: the nations that are currently most in debt
According to information from International Monetary Fund Regarding the total credit outstanding of countries with the IMF, five of the ten most indebted countries are in Africa, while three are in South America. The data also show that Argentina leads the list as the country with the highest debt, which is equivalent to 5.3% of […]
IMF approves the disbursement of some US$ 800 million to Argentina
The executive board of International Monetary Fund (IMF) gave joy to the Argentine president this Thursday, Javier Mileiby approving the immediate disbursement of some US$ 800 million, but warned that it must “improve the quality of fiscal adjustment.” One month was the time it took to approve the eighth revision of the credit agreement, which […]
IMF welcomes the approval of the ‘omnibus law’, promoted by Milei
The International Monetary Fund (IMF) this Thursday welcomed the approval at the end of April in the Chamber of Deputies of the Argentine Congress of the Law Bases and Starting Points for the Freedom of Argentines, known as the ‘omnibus law’, a project star of the Government of Javier Milei. “We welcome the approval in […]
Political uncertainty drives away investments and confidence
The International Monetary Fund maintained its growth forecasts for Peru at 2.5% for this year and 2.7% for 2025. And, although the economy “is recovering” after the effects of the El Niño phenomenon and the social unrest of early 2023, the IMF recognizes that the “persistent political uncertainty” decreases “the appetite to carry out the […]
IMF maintains its outlook for Peruvian GDP growth at 2.5%
Persistent political uncertainty “decreases the appetite to carry out urgent reforms to boost potential growth,” the IMF says. Join the WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Tuesday, May 21 Fonavi 2024: Ad Hoc Commission evaluates changes in refund to reimbursement group 2 or relatives of […]