The International Monetary Fund (IMF) projected that most Latin American and Caribbean countries are not “taking advantage of the full potential of international trade,” considered by the organization as an important engine of growth in emerging markets. In a recent report, the IMF assures that although the region has made some progress in terms of […]
Tag: IMF
IMF renews US$35 billion credit line for Mexico for two years
The executive board of International Monetary Fund (IMF) renewed this Thursday the Flexible Credit Line (LCF) of US$ 35,000 million for Mexico for two more years, which means “a recognition of the solidity of the institutional framework for macroeconomic policies”, The Ministry of Finance and Public Credit (SHCP) and the Bank of Mexico. In a […]
IMF: China will grow 5.4% but will slow down in 2024 due to real estate crisis and foreign demand
The chinese economy will grow 5.4% this year but will slow down to 4.6% in 2024 due to the “continued weakness” of the real estate market already a “off“demand coming from abroad, indicated today the International Monetary Fund (IMF). In its annual evaluation of the state and prospects of the Chinese economy, the institution explained […]
President of Roche in Latin America says that the pandemic stripped health systems naked
The health systems of Latin America They faced the pandemic covid-19 to the biggest trial by fire that they could have had and that showed all their shortcomings and subjected the resistance of the countries to analysis, in such a way that ““It stripped the health systems naked.” This was highlighted to EFE by the […]
Global debt will be greater than the GDP of the entire planet by 2030, according to IMF
Global debt would exceed 100% of world GDP by 2030, according to a new forecast from the International Monetary Fund (IMF) presented this week at its annual meeting with the World Bank (WB). The multilateral organization specified that the increase is due to the slowdown in the growth of economies around the world, the increase […]
IMF: Latin America and the Caribbean must discipline spending and increase their income
He International Monetary Fund said that fiscal policy in Latin America and the Caribbean has been “prudent”, but that governments need to increase their income, since there are not many options due to heavy debt and high interest rates. “In a new era of higher interest rates, and just because the level of debt is […]
IMF: it is “very early” to evaluate the economic impact of the conflict between Israel and Hamas
The chief economist of the International Monetary Fund (IMF), Pierre-Olivier Gourinchas, has assured that the institution is monitoring the situation in Israel before the war unleashed this Saturday, although it is still “too early” to think about the economic implications of the conflict. In an interview with EFE on the occasion of the annual meeting […]
War could raise oil prices and reduce global GDP, says IMF
The war between Israel and the Hamas terrorist group in the Gaza Strip could cause oil prices to skyrocket, potentially having a negative impact on the global economy. The assessment was made by the chief economist of the International Monetary Fund (IMF), Pierre-Olivier Gourinchas. According to the economist, a 10% increase in oil prices would […]
IMF reduces its GDP projection for Peru in 2023 by more than one point and places it at 1.1%
He International Monetary Fund (IMF) This Tuesday it reduced its growth projection for the Peruvian economy in 2023 and placed it at 1.1%, after its last update in May, where it gave it 2.2%. The international organization also increased its estimates for the Andean nation in 2024, and estimated that GDP will advance to a […]
IMF “imposes inconsistent plans for the well-being of Argentina,” according to Fernández
The vice president of Argentina, Cristina Fernandezindicated this Saturday that the International Monetary Fund (IMF) “imposes inconsistent plans for the well-being” of his country, while defending the attitude of the current Minister of Economy, Sergio Massa, of “having told society the truth” about the organization. Fernandez made these statements at an event held at the […]