Global organization reduced its projection on national GDP by 2 percentage points. At the regional level, Argentina will be the only one with a negative result. Price of the dollar in Peru: what is the exchange rate for this Tuesday, April 16? CTS Withdrawal in Peru: they propose to authorize free availability of 100% of […]
Tag: International Monetary Fund
IMF urges China to implement reforms to benefit the market
The International Monetary Fund (IMF) called on China to implement “a comprehensive set of market-friendly reforms” to stimulate an economy sluggish in the face of the crisis real estateweak domestic demand and high youth unemployment. Chinese policymakers are reluctant to boost the economy with massive stimulus measures, insisting on the need to opt for growth […]
One year after the second largest bank failure in the US, vulnerability persists
One year after the collapse of Silicon Valley Bank (SVB)which was the second largest bank failure in the history of USA, Vulnerability persists in the regional banking sector, which is very sensitive to the trajectory of interest rates, and another entity of this type is now in trouble. SVB, the sixteenth largest bank by assets […]
India registers its fastest growth rate with GDP of 8.4%
The economy of the India reached its fastest growth rate by registering a GDP of 8.4% in the third quarter (October to December) of fiscal year 2023-2024, driven by strong manufacturing activity and growth in the construction sector. Prices of the gross domestic product (GDP) “show a growth rate of 8.4%” in the third quarter […]
Argentina celebrates agreement with the IMF for a new disbursement to pay maturities
He Argentine government considers that the agreement reached yesterday with the International Monetary Fund (IMF)for which the multilateral organization will disburse US$ 4.7 billion for the country to face its next debt maturities, complies with “the proposed path” by the Ministry of Economy. “For the first time in history it is not the Fund that […]
Colombia plans to increase its international reserves by US$ 1.5 billion
He Central Bank of Colombia plans to gradually accumulate international reserves with a program to acquire up to US$ 1.5 billion, which would avoid a reduction in the flexible credit line of the International Monetary Fund. The bank’s board of directors approved the start of the program to maintain “appropriate external liquidity levels”the bank said […]
IMF: conflict between Israel and Gaza increases uncertainty for the world economy
The managing director of International Monetary Fund (IMF)Kristalina Georgieva, said on Saturday that the conflict between Israel and Loop It is “a tragedy”, with innocent civilians attacked, and adds uncertainty to the global economic outlook. “It is another source of uncertainty” for the World economyhe stated in a press conference, adding that it is still […]
IMF: it is “very early” to evaluate the economic impact of the conflict between Israel and Hamas
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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 […]
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 […]
IMF: World debt as a percentage of GDP fell in 2022, but the trend could change
He International Monetary Fund reported Wednesday that global debt as a percentage of economic output fell significantly in 2022 for the second year in a row, but the decline could be coming to an end as the post-global economic crisis growth rebound fades. The IMF said in an update to its Global Debt Database that […]