It is premature to gauge the economic impact of the coronavirus outbreak on China’s economy, but it will certainly impact the first quarter, International Monetary Fund chief Kristalina Georgieva said Thursday. Speaking at the Center for Global Development she…
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The President of the Democratic Republic of Congo visited the IMF on Wednesday (March 3) to discuss the African countries economic priorities. President Felix Tshisekedi was warmly greeted by IMF Managing Director Kristalina Georgieva, and…
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Government spending support of $14 trillion has contributed to saving lives and livelihoods and has mitigated the effects of the pandemic on consumption and output, the IMF said in its Fiscal Monitor report released Thursday…
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The Global Financial Stability Report’s January forecast stated that the approval and rollout of vaccines have boosted expectations of a global recovery and lifted risk asset prices, despite rising COVID-19 cases and persistent uncertainties surrounding…
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The World Economic Outlook’s latest forecast projects global growth for 2021 at 5.5 percent, 0.3 percentage point higher than the report’s October forecast, moderating to 4.2 percent in 2022. The upgrade for 2021 reflects the…
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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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Somalia has won international support to help it advance in the process of debt relief, the head of the IMF announced Wednesday (Dec. 18) in Washington. “We have very good news from the IMF executive…
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Staff at the International Monetary Fund marked Giving Tuesday by volunteering to pack over 1,000 boxes of winter essentials to distribute to the homeless in Washington, DC. Forecasters are already predicting a harsh winter and…
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China is facing economic challenges due to the outbreak of coronavirus, but International Monetary Fund chief Kristalina Georgieva issued a statement of support Thursday. IMF Executive Director for China Jin Zhongxia met Georgieva on the occasion of the Lunar…
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“We are still faced with tremendous uncertainties” said IMF Managing Director Kristalina Georgieva in her first media appearance in 2021 as she addressed the exit from the COVID-19 health crisis, the outlook for the global…
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