Unprecedented fiscal support by governments during the pandemic has prevented more severe economic contractions and larger job losses, but risks remain of long-term scarring the International Monetary Fund says in its Fiscal Monitor report released…
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The IMF says that countries should continue to keep money and financial policies loose while the global economy is rebuilding steam in it’s Global Financial Stability Report Tuesday (April 6). “The global economy is beginning…
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Global growth is getting an upgrade, but prospects for recovery are still highly uncertain due to the race between rolling out vaccines and mutations to COVID-19 the IMF says in its latest quarterly update to…
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The global economy is finally emerging from the worst phases of the COVID-19 pandemic, although with prospects diverging starkly across regions and countries, the IMF says in its Global Financial Stability Report unveiled Tuesday (April…
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The IMF announced an upgrade to global growth in its World Economic Outlook on Tuesday (April 6) in Washington, DC. The global economy is projected to grow at 6 percent in 2021, moderating to 4.4…
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Growth in Latin America and the Caribbean recovered briskly in the second half of 2020, yet still more slowly than the global economy and other emerging markets, the IMF announced yesterday (Thursday, April 15th) in…
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The sub-Saharan Africa region’s economic outlook will grow by 3.4 percent in 2021, up from 3.1 percent projected in October, and supported by improved exports and commodity prices, along with a recovery in both private…
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Europe’s economy is growing, but there is still need for continued support as vaccine rollout programs gain speed, the IMF says in the newly released European Regional Economic Outlook released Wednesday (April 14) in Washington,…
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Asia is growing strongly in 2021, but there is still much uncertainty and risk to the economic outlook, the IMF says in the newly released Asia Pacific Regional Economic Outlook released Tuesday (April 13) in…
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In her press briefing held today (Wednesday, April 7th) in Washington, DC, the IMF’s Managing Director Kristalina Georgieva said that vaccinations and policy support were the reasons behind an increase to 6% in the World…
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