He Central Reserve Bank of Peru will implement a new digital payment system in the country. This is an idea that emerged in 2023, which seeks to ensure that more people can access existing banking systems without necessarily having to have a smart cell phone. This initiative is positioned as an alternative to the growing […]
Tag: IMF
More optimistic IMF improves global growth prospects this year
The global economy will grow 3.2% this year and the same next year, a sign of a “extraordinary resilience”, with an improvement in developed countries such as the United States and in emerging markets such as India and Brazil, the IMF. The update of the outlook for the world economy includes few changes compared to […]
IMF asks central banks to ignore optimism about falling inflation
He International Monetary Fund (IMF) warned this Tuesday against the optimism of those who believe that the fight against inflation is reaching the end of the road and asked central banks to remain vigilant, since the risks, although they have decreased, still persist on the horizon. “There will likely be obstacles along this last mile. […]
The United States prepares with its allies sanctions against Iran for the attack on Israel
The secretary of Treasure from USA, Janet Yellen, announced this Tuesday that he will take advantage of the spring meetings of the International Monetary Fund (IMF) and of World Bank (WB) that begin this Tuesday to coordinate a new round of sanctions against Iran for the attack on Israel. In a press conference, Yellen said […]
IMF and WB begin their meetings in the shadow of escalating tensions in the Middle East
Ministers and global economic authorities meet in Washington this Monday to participate in the spring meetings of the International Monetary Fund (IMF) and the world Bank (WB), in a time of optimism about the resilience of the economy, but under the shadow of the escalation of tensions in the Middle East. This is the first […]
The IMF and the WB face meetings with optimism regarding the resilience of the economy
The International Monetary Fund (IMF) and the World Bank (B.M.) spring meetings begin this April 15 with the optimism that the economy will rise in 2024 than expected, despite the complex global situation derived from the wars in Ukraine and Gaza and the increasing geopolitical polarization. If just a year ago the managing director of […]
IMF advises China to orient its economy towards services to correct overcapacity
The managing director of International Economic Fund (IMF), Kristalina Georgievarecognized this Thursday that China has excess capacity in some of its sectors and recommended the Asian giant orient its economy towards services. “We recognize that over the years there have been sectors in the Chinese economy aware of the existence of excess capacity“, he pointed […]
IMF estimates that the global economy will grow more than expected and rules out a recession
The managing director of International Monetary Fund (IMF), Kristalina Georgievastated this Thursday that the global growth by 2024 will be slightly stronger than expected due to robust activity in USA and several emerging economies. This will be stated in a speech he will deliver this morning at the Atlantic Council think tank – which was […]
IMF: doubling investment in R&D would increase GDP by 2%
He International Monetary Fund (IMF) He stated this Wednesday that increasing public spending on research and increasing tax incentives to encourage innovation by 0.5 percentage points of gross domestic product could increase GDP by up to 2% in the case of an average advanced economy. This percentage means doubling the current average level of the […]
IMF estimates that the world economy is “better than expected”, except in poor countries
The managing director of International Monetary Fund (IMF), Kristalina Georgieva, affirmed this Wednesday that the world economy has resisted crises better than expected, but warned that low-income countries have done worse than expected. “The world economy is better today than we feared a year ago, growth is being maintained, inflation is falling and the expectation […]