IMF raises China’s GDP growth forecast to 5% in ’24
The International Monetary Fund (IMF) raised China's 2024 economic growth forecast to five per cent due to a strong…
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International Monetary Fund (IMF)
International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity.
Zambia’s debt restructuring gains momentum
Zambia has made significant strides towards resolving its financial crisis, with over 90 per cent of its $3 billion…
Sri Lanka’s c. bank keeps interest rates unchanged
Sri Lanka's central bank kept interest rates steady on Tuesday to focus on controlling inflation amid the country's…
IMF urges swift reforms for Lebanon
Lebanon needs economic reforms to address the deepening crisis, as highlighted by the International Monetary Fund…
Goldman Sachs expects Egypt’s c. bank to cut rates
The Central Bank of Egypt (CBE) is poised to reevaluate interest rates, marking its first review since implementing…
Lebanon’s GDP to grow by 0.2% in ’24 – report
Lebanon's economy is projected to experience minimal growth in 2024, at a sluggish 0.2 per cent.
IMF backs flexible yen, cautious rate hikes for Japan
The International Monetary Fund (IMF) threw its weight behind Japan's commitment to a flexible exchange rate for…
Bangladesh struggles to combat inflation
Bangladesh has implemented a series of measures to combat stubbornly high inflation and bolster its dwindling…
IMF, DR Congo reach staff-level agreement
The International Monetary Fund (IMF) and the Democratic Republic of Congo (DRC) have reached a staff-level…
Zambia’s currency plunges to historic low vs USD
Zambia's kwacha plunged to a historic low against the US dollar On Wednesday, hitting 27.30, a manifestation of…