With information from AFP and EFE The International Monetary Fund (IMF) announced that Peru abandoned its flexible credit program, a precautionary support line approved in May 2020, after the outbreak of the coronavirus pandemic. This is how our country becomes the second, behind Poland, to make this decision, making its departure effective this Sunday, May […]
Tag: IMF
IMF expects the Argentine economy to “start growing” in the second half
He IMF insists that the adjustment plan Argentina is giving “better than expected results” and expects the economy to “start growing” in the second half of the year, a spokeswoman for the financial organization said Thursday. The International Monetary Fund is pleased with the progress made since the ultraliberal president Javier Milei He took office […]
The IMF asks the US to maintain “open trade policies” with China
The International Monetary Fund (IMF) called this Thursday USA to maintain open trade policies, after the recent increase in tariffs that the Government of Joe Biden implemented on Chinese products and that could increase friction between the two powers. “With respect to tariffs, our opinion is that the United States would be better off if […]
Milei travels to the United States to speak at an economic forum
The president of Argentina, Javier Milei, He is traveling this weekend to speak at an economic forum in Los Angeles (California), according to official sources reported this Friday. The presidential spokesperson, Manuel Adorni, confirmed in his usual press conference at the Casa Rosada (seat of Government) that the president will travel this Saturday at 10:30 […]
The United States GDP grew only 1.6% in the first quarter of the year
The president of the Federal Reserve (Fed), Jerome Powell, has acknowledged slower than expected progress and that the 1.6% GDP growth in the United States during the first quarter of the year is below analysts’ expectations. , who expected an increase of 2.2%. However, despite the fact that the figure shows a decrease of 1.8 […]
Ecuador will allocate IMF credit for security, works and employment
The government of Ecuador plans to allocate to citizen securitypublic works and economic growth the around US$ 4,000 million that it hopes to obtain from the International Monetary Fund (IMF) after having reached a technical agreement with this institution for a new credit program. After confirming this Thursday the agreement at a technical level with […]
IMF reaches agreement with Ecuador for a credit for US$ 4,000 million
The technical staff of International Monetary Fund (IMF) and Ecuador “they have reached an agreement” for a loan of about US$ 4,000 million over four years, the financial institution reported in a statement. The agreement, reached within the framework of the IMF Expanded Facility (EFS)is still subject to approval by the Fund’s board of directors. […]
The 4 Latin American countries that will grow the most economically in 2024, according to the IMF
The global economy was affected by the pandemic and is now trying to overcome it with a growth of 3.2% in 2024. For its part, Latin America projects an increase of 2% this year, a decrease unlike 2023, as indicated in the latest report from the International Monetary Fund (IMF). Despite this context, the financial […]
IMF asks European countries not to follow the US example with national subsidies
He International Monetary Fund (IMF) This Friday, he recommended that European countries not promote national subsidies, but instead commit to deepening the common market to strengthen the resilience of their economy and not lose ground to the United States. In its European regional report, published within the framework of the spring meetings that the IMF […]
BCRP will launch a pilot to make payments without internet: what is it about?
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 […]