A tax reform on mining in Peru could mean an additional collection of between US$ 853 and US$ 1,154 million in the next five years, according to an estimate made by the Tax Justice Group (GJF) based on the report presented recently by the International Monetary Fund (IMF), which recognizes, on the one hand, the […]
Tag: IMF
IMF: poor people will be the most affected in Latin America by the Russian invasion of Ukraine
Poor people in Latin America and the Caribbean will bear the brunt of the economic fallout from Russia’s invasion of Ukraine, as the region will face increased inflationary pressure, a senior International Monetary Fund (IMF) official said. “High inflation, especially for food, affects the poor in our region the most. So that is the main […]
IMF: Russian invasion of Ukraine raises prices in Latin America and the Caribbean
Updated on 03/15/2022 06:23 pm The global economy is suffering from the shock wave of the Russian invasion of Ukraine, which is driving up food and energy prices in Latin America and the Caribbean, which increases inflation, warns the International Monetary Fund (IMF) in a blog. “Food and energy prices are the main route of […]
Ukraine’s economy is sinking, jeopardizing world food security, warns IMF
The Ukrainian government remains functional, the banking system stable and the debt viable in the short term, but the war provoked by Russia plunges Ukraine into an unprecedented recession. The conflict also endangers global food security, warned the International Monetary Fund (IMF). “At a minimum”, the Ukrainian Gross Domestic Product (GDP) will contract by around […]
Goldman estimates risk of recession in the US of up to 35%
Updated on 03/14/2022 04:30 am Economists at Goldman Sachs Group Inc. warned that the probability of a recession in the United States next year may reach 35%, while lowering their growth projections due to the impact of high oil prices and other consequences of the war. in Ukraine. Economists led by Jan Hatzius cut their […]
IMF: Russian invasion of Ukraine hits global economic growth
the war in Ukraine stop the world economic growthwarned Kristalina GeorgievCEO of International Monetary Fund (IMF)who argued that the context is one of pressure on food prices and deterioration of consumer and business confidence. With this scenario, the IMF will cut its global growth forecast due to the war, announced Georgieva, who also argued that […]
Financial aid, crucial for services to continue operating in Ukraine after Russian invasion
Humanitarian and security aid is pouring in as the crisis in Ukraine worsens, but financial support is also vital to keep the government going. “The economy is collapsing”said Adnan Mazarei of the Institute for International Economics, a think tank based in Washington. As long as Kiev cannot collect taxes, “It is absolutely crucial that the […]
IMF approves $1.4 billion emergency aid for Ukraine
This Wednesday, the executive board of the International Monetary Fund (IMF) approved aid for US$ 1,400 million for Ukraine, within the framework of the warlike conflict with Russia. The resource package is given to “mitigate the economic impact” that Ukraine suffers in the midst of the war. Likewise, the IMF details that the approved amount […]
International Monetary Fund: Peru urgently needs a pension reform
Yesterday, the International Monetary Fund (IMF) published its final statement on its mission in Peru and, as part of its conclusions, indicated that our country “urgently needs a pension reform”, as this would help reduce the risk of poverty. in the older adult population. And it is that the withdrawals in the pension funds authorized […]
IMF suggests Peru carry out a pension reform and make adjustments to its tax policy
The International Monetary Fund (IMF) published today, March 7, its final statement on its mission in the Peru and pointed out that our country urgently needs a pension reform. This, with the aim of reducing the risks of poverty in old age. The international organization indicated that withdrawals from pension funds in the last two […]