The International Monetary Fund’s report on the outlook for the global economy was the dominant event of the past week, with the Fund warning of rising risks from wars and the expansion of trade protectionism changing the map of global trade. as it had been formed after the fall of the Soviet Union. In China, … Read more
Mustafa Abdel Azim (Abu Dhabi) The International Monetary Fund expects Abu Dhabi’s real GDP to grow in the current and next years at a rate of up to 5%, an increase of between 1.5% and 0.8% from the published forecast. last April, estimated at 3.5% for 2024 and 4.2% for 2025.An official spokesman for the … Read more
A significant reduction of Greece’s public debt by almost 30 points by 2029, the International Monetary Fund predicts with its report on global fiscal developments (Fiscal Monitor). According to forecasts, Greece’s primary surplus will reach 2.1% of GDP in 2024 from 1.9% in 2023 and will remain at this level in the following years until … Read more
Management warns of serious sustainability risks. The banks’ buffers are not enough. Vienna. It is an expert group that is currently tapping the fingers of the banks: high-ranking experts from the Ministry of Finance, the Crown Council, the Financial Market Research Authority (FMA) and the Austrian National Bank (OeNB) on Thursday in the Financial Market … Read more
progress Hassan Abdullah The Governor of the Central Bank of Egypt, expresses sincere gratitude and thanks to Dr. Mahmoud Mohieldin, at the end of his work as Executive Director ofInternational Monetary Fund Representing Egypt, the Arab Group, and the Maldives on their board of directors, for what he has done over the past four years, … Read more
The International Monetary Fund announced today that it has postponed planned economic consultations with Russia that were due to begin this week, to gather more data and analysis to ensure “a challenging consultation.” The IMF had planned to conduct the standard “Article IV” assessment of Moscow’s economic policy for the first time since Russia launched … Read more
BEIJING, Could 30, 2024 (Xinhua) — The Worldwide Financial Fund has raised its forecast for China’s GDP development in 2024 to five p.c, up from final April’s estimate of 4.6 p.c, Gita Gopinath mentioned. , the primary deputy managing director of the IMF, on Wednesday. . Gopinath made these statements at a press convention in … Read more
The Worldwide Financial Fund (IMF) expressed its disagreement relating to the choice of the US to impose tariffs on imports from China. The truth is, on Thursday, the IMF argued that the US could be higher served by preserving its commerce system “open” as a substitute of imposing new punitive tariffs on Chinese language merchandise, … Read more
“We are not isolated, but we are affected by international developments, but also by the major natural disasters that hit our country,” said Finance Minister Kostis Hatzidakis, speaking on Bloomberg TV, on the sidelines of the spring meetings of the International Monetary Fund and the World Bank in Washington. “Nevertheless, I should underline that our … Read more
Kasikorn Bank (KBANK) views the movement of the baht next week (17-19 April) at the level of 36.20-36.80 baht/dollar, while the Kasikorn Research Center Evaluate important factors that need to be followed, including the direction of foreign capital. Gold price situation in the world market and the World Economic Outlook Report of the International Monetary … Read more