The Finance Minister of UkraineSerhiy Marchenko, welcomed today the technical agreement reached with the International Monetary Fund (IMF) to access a fund of 15,600 million dollars over four years. The program will “significant support for the Ukrainian economy and financial system and will help mobilize additional financial resources from international partners, necessary for success in […]
Tag: IMF
Latin America will grow only 1% in 2023, according to IDB estimates
Latin America and the Caribbean will grow only 1% this year, according to estimates by the Inter-American Development Bank (IDB), which published its macroeconomic report this Sunday, the 19th, a document prepared before the crisis unleashed after the fall of the US Silicon Valley Bank. In a press conference, the bank’s chief economist, Eric Parrado, […]
IMF: financial leaders to seek debt solutions for G20
World finance and banking leaders will discuss how to address the bottlenecks preventing rapid debt restructuring for fragile nations when they meet in India next week, a senior official at the International Monetary Fund has said. Fiscal and monetary officials heading to Bangalore next week will seek consensus on deadlines and deadlines, as well as […]
Markets have good reason to be more optimistic about the economy, says IMF
The head of the International Monetary Fund (IMF) said Monday that financial markets have good reason to be more optimistic, pointing to the likelihood of the US economy avoiding recession and China’s reopening after the pandemic is brought under control. Speaking at the World Summit of Governments, IMF Managing Director Kristalina Georgieva described the IMF’s […]
International Monetary Fund: “It is necessary to redesign the Peruvian pension system”
Priority. The mission of the international entity points out that any reform proposal must be within the current fiscal framework. A mixed system would be the best option, according to specialist. A technical mission from International Monetary Fund (IMF) visited Peru between January 24 and February 8 of this year. Among the main conclusions that […]
GDP is slowing down due to protests, BCRP and IMF agree
Wake up call. International organization reduced growth estimate to 2.4% and asks the Government resolve the political crisis. While the issuing entity warns that the greatest negative impact is being observed in the southern regions. A loss of US$600 million is estimated due to the entry of fewer tourists. Since December of last year, Peru […]
The IMF points out that risks from the use of bitcoin in El Salvador “must be addressed”
He International Monetary Fund (IMF) considers that the risks from the use of the bitcoin in The Savior “should be considered”even though said “risks have not materialized due to limited use” of the cryptoactive so far. The IMF reported this Friday in a statement that a mission from the organization, headed by Raphael Espinoza, held […]
IMF sees Peru with more pessimism: economy will now grow 2.4% this year
“The prospects are very uncertain,” they warn. Political uncertainty, social unrest and natural disasters put national activity in check. He International Monetary Fund (IMF) revised downward its outlook for Peruvian economic growth for this year, now placing it at 2.4%. Before, the global front expected GDP to close 2023 at 2.7%, but they acknowledge that […]
Peru is the fourth most unequal country in the world
Latent gaps. 1% of the population concentrates 30% of the income. The IMF asks that the rich pay more taxes. To do this, an expert suggests strengthening the tax system. Peru is the fourth most unequal country in the world, It is followed by Mexico and the Dominican Republic, and it is that 1% of […]
IMF recommends China relax its monetary policy due to the slowdown
The growth of China this 2023 will contribute to world growth. However, the agency reiterated that this positive forecast “is subject to considerable uncertainty”, so it is advisable not to tighten macroeconomic policies. He International Monetary Fund (IMF) this Friday, February 3, advised China to continue relaxing its monetary policy. This after the review of […]