The IMF calls for controlling public spending – 2024-04-22 20:05:50

The IMF calls for controlling public spending
 – 2024-04-22 20:05:50

FMI. He International Monetary Fund (IMF) This Wednesday he called on governments to control public spending to preserve the soundness of finances and not to follow a trend that usually occurs in election years: spend more and tax less. “History and empirical evidence show that governments tend to spend more and tax less during election … Read more

High US demand drives growth: Gita Gopinath

High US demand drives growth: Gita Gopinath

Washington. The United States needs to increase its revenues to reduce its high budget deficits, even though they help boost global growth by stimulating US domestic demand, said Gita Gopinath, first deputy managing director of the International Monetary Fund (IMF), on Saturday. Gopinath noted that deficits in the United States – the largest global economy … Read more

Kristalina Georgieva, the only candidate for her succession at the IMF

Kristalina Georgieva, the only candidate for her succession at the IMF

Mexico City. Kristalina Georgieva, current managing director of the International Monetary Fund, was nominated as the sole candidate to take over the position, a designation process that would have to be completed no later than this month, the organization reported. “The deadline to submit candidates for the position of next managing director closed on Wednesday, … Read more

Kasikorn Bank Predicts Baht Movement and Factors to Watch Next Week

Kasikorn Bank Predicts Baht Movement and Factors to Watch Next Week

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

Kasikorn Bank Predicts Baht Movement Next Week: Factors to Watch for include Gold Prices and IMF Report, US Economic Figures, and Inflation Data

Kasikorn Bank Predicts Baht Movement Next Week: Factors to Watch for include Gold Prices and IMF Report, US Economic Figures, and Inflation Data

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

IMF Announces Review Date for Egypt’s Economic Program and $820 Million Tranche

IMF Announces Review Date for Egypt’s Economic Program and 0 Million Tranche

Written by – Ahmed Yaqoub Monday, April 1, 2024 02:21 PM said Ivana Vladkova Holer, Head of Mission International Monetary Fund To Egypt, in response to “The Seventh Day” questions, the date for the new review of Egypt’s economic program, which is the third review, will take place 3 months from now, that is, during … Read more

International Monetary Fund Warns Against Early Interest Rate Cuts: Global Economy at Risk

International Monetary Fund Warns Against Early Interest Rate Cuts: Global Economy at Risk

The International Monetary Fund warned against central banks rushing to cut interest rates too early. International Monetary Fund Director Kristalina Georgieva confirmed that the Fund sees this step as a “greater risk to the global economy” if it is achieved “early than if it moves a little late.” Georgieva indicated to reporters in Washington, “The … Read more

“European Stocks Rise on Optimism About US Debt Ceiling Negotiations Despite Weekly Losses”

“European Stocks Rise on Optimism About US Debt Ceiling Negotiations Despite Weekly Losses”

European stock indices rise at the close of trading today, with renewed optimism about the US debt ceiling negotiations, and the European market recording losses this week. European stocks rose with renewed negotiations on the US debt ceiling European stock indices rose at the close of trading today, Friday, in light of renewed optimism about … 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

“Arab Countries’ Foreign Exchange Reserves Face Liquidity Risks, Tunisia and Egypt Most at Risk”

“Arab Countries’ Foreign Exchange Reserves Face Liquidity Risks, Tunisia and Egypt Most at Risk”

The foreign exchange reserves of three Arab countries face more risks, especially during the next two years, which exposes them to liquidity risks amid tighter global financial conditions. Moody’s credit rating agency data shows that Bahrain is one of the countries most on its list of frontier markets facing pressure on its foreign exchange reserves, … Read more