Indonesia Declares No Debts to IMF: Head of BKPM Thanks SBY

Indonesia Declares No Debts to IMF: Head of BKPM Thanks SBY

Jakarta – The Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said Indonesia had no debts to the International Monetary Fund (IMF). Bahlil said that Indonesia’s debt to the IMF had already been repaid by the administration of President Susilo Bambang Yudhoyono (SBY). Bahlil then thanked SBY. “We have to thank the government before … Read more

Ukraine’s Wartime Tax Reform Law and its Impact on IMF Agreement and Business

Ukraine’s Wartime Tax Reform Law and its Impact on IMF Agreement and Business

How noted Yaroslav Zheleznyak, the people’s deputy from Golos, the first deputy head of the parliamentary committee on finance, tax and customs policy, adopted the law “after long discussions.” 239 people’s deputies voted for the law, the adoption of which is an important condition stipulated by the agreement with the International Monetary Fund, the people’s … Read more

Pakistan Secures $3 Billion Loan from IMF to Avert Default

Pakistan Secures  Billion Loan from IMF to Avert Default

Kristalina Georgieva and Shehbaz Sharif Last week the Pakistani Prime Minister met with the Managing Director of the IMF – now the agreement has followed. (Photo: via REUTERS) Lahore Pakistan averted default at the last minute. The government agreed on Friday with the International Monetary Fund (IMF) on a new loan of three billion dollars. … Read more

Indonesia’s Nickel Downstream Policy: Strengthening Downstream for Increased Value

Indonesia’s Nickel Downstream Policy: Strengthening Downstream for Increased Value

Jakarta – The Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) responded to the International Monetary Fund/IMF) who asked Indonesia not to expand its nickel downstream policy by banning the export of raw materials in other commodities. Spokesperson for the Coordinating Minister for Maritime Affairs and Investment Jodi Mahardi said Indonesia as a sovereign … Read more

IMF Urges Central Banks to Keep Monetary Policy Tight Amid Inflation Risks

IMF Urges Central Banks to Keep Monetary Policy Tight Amid Inflation Risks

International Monetary Fund (IMF) chief deputy managing director Gita Gopinath on Monday urged central banks to keep monetary policy tight, saying there was a high risk of inflation remaining high or accelerating in many emerging markets. FILE PHOTO: April 14, 2023. REUTERS/Elizabeth Frantz [ワシントン 17日 ロイター] – International Monetary Fund (IMF) chief deputy managing director … Read more

“IMF Warns of Global Economic Consequences if US Fails to Raise Debt Ceiling”

“IMF Warns of Global Economic Consequences if US Fails to Raise Debt Ceiling”

The International Monetary Fund (IMF) said on the 11th that if the United States fails to raise the federal debt ceiling and defaults, it will be “very serious” not only for the U.S. economy but also for the global economy, such as rising borrowing costs. influence,” he said. Photographed in September 2018 (2023 REUTERS/Yuri Gripas) … Read more

How Barack Obama’s Brexit warning proved accurate

How Barack Obama’s Brexit warning proved accurate

Back in 2016, former US President Barack Obama caused a stir in the UK when he suggested that the country would be at the “back of the queue” for a trade deal with the US if it decided to leave the European Union. The statement was met with criticism from some pro-Brexit supporters, but Obama’s … Read more

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

Ranil Salgado, director of the International Monetary Fund (IMF)’s review of Japan, said on the 15th that the Bank of Japan’s Yield Curve Control (YCC) is expected to lead to a sustained rise in domestic wages. said there may be room to tweak the long-term interest rate target later this year. Pictured is Kazuo Ueda, … Read more

Indonesian nationalism lacks a unifying thread, defined by negation rather than affirmation, with only a common struggle against imperialist powers as a foundation.

Indonesian nationalism lacks a unifying thread, defined by negation rather than affirmation, with only a common struggle against imperialist powers as a foundation.

Indonesian nationalism is defined more by negation than affirmation due to the absence of a unifying thread to bind the nation’s diverse languages, cultures, and ethnicities together. The country’s founders rejected labels such as East or West, Islamist or secular, and Western-style democracy or left-wing totalitarianism, instead opting for guided democracy or deliberation for a … Read more

Tunisian Leader Refuses IMF’s Full Control in Financial Aid Allocation

Tunisian Leader Refuses IMF’s Full Control in Financial Aid Allocation

Tunisian President Saeed (pictured) said on May 6 that he would not comply with the International Monetary Fund’s “absolute orders”, rejecting the terms of the IMF’s financial assistance. February 2020 representative photo taken in Tunis (2023 REUTERS) TUNIS (Reuters) – Tunisian President Saeed said on Thursday he would not comply with the International Monetary Fund’s … Read more