He International Monetary Fund and the World Bank warned this Monday that the war Loop and attacks against merchant ships in the Red Sea They pose a threat to the world economy. The managing director of IMFKristalina Georgieva said at the World Government Summit in Dubai that the war in Gaza between Israel and the […]
Tag: world Bank
Bank interest rates will remain high during the summer
When the pandemic suddenly stopped economic activity, the Central Reserve Bank of Peru (BCRP) decided to bring the reference interest rate closer to 0% to make credit cheaper. Once the health catastrophe had passed, the excess liquidity due to the constant withdrawals of AFP, CTS and, in part, bonds, in an adverse global context, catapulted […]
WB predicts meager growth in Latin America, the region with the least GDP growth
The global economy is on track to break a five-year record with the lowest economic growth in the last three decades and the prospects for Latin America are not entirely encouraging: they suggest a meager growth of 2.3% in 2024, according to a report published on Tuesday by the world Bank. But although the region’s […]
Peruvian GDP will grow 2.5% in 2024, according to the World Bank
After the 0.4% contraction seen in 2023, the multinational front warns that political instability continues to affect investment projects. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Tuesday, January 9? What are the 3 labor modifications that will be applied in 2024? The World […]
José de Echave: “Neither the Executive nor Congress have the will for a tax reform”
Chili received 2024 with the beginning of a new royalty law for large copper mining, called mining royalty, which will allow it to raise US$1,350 million annually. The measure was presented by President Gabriel Boric and the Senate. De Echave recounts the need to apply a mining tax reform and warns, despite the territorial proximity, […]
Guyana: why did it become one of the countries with the greatest economic progress in Latin America?
Guyana is a small country of 80,000 inhabitants located on the American continent and emerging as an important economic force. Until October 2023, the International Monetary Fund (IMF) reported that the Gross Domestic Product (GDP) of this nation would continue to experience solid growth, up to 38.4%. Although other Latin American countries are facing a […]
More than 50% of informal workers do not believe in formalization
Informality is an endemic evil that affects 7 out of 10 Peruvians – according to the INEI – and has dented growth ambitions, since more than half of businesses outside the formal sphere consider that regulation does not bring them benefits, according to the World Bank. In detail, approximately 50% of informal workers believe that […]
World Bank and UAE lead push for climate finance at COP28
Governments, development banks and companies on Friday announced initiatives to mobilize billions in climate cash at COP28, a battle in which the United Arab Emirates has made increased financing a central element of its leadership in the talks from the ONU. So far, the world has only just begun to provide the huge amounts of […]
World Bank studies accelerating loans amid strong review
He world Bank aims to accelerate the disbursement of loans by a third in just two years, a key pillar of a review that aims to make the development organization more effective. “We haven’t set an exact date, but we will try to reduce (delivery times) by a third in maybe a couple of years.”said […]
They warn the WHO that global preparation is insufficient for future pandemics
Progress in global preparedness after the coronavirus pandemic covid-19 they still are “insufficient” to confront possible new major health threats, warned today a panel of experts that advises the World Health Organization (WHO). This warning comes from the annual report presented in Geneva by the Global Preparedness Monitoring Board, an advisory body supported by the […]