Tag: economy
-
IMF Forecast: Global Growth at 3.3% Amid Inflation Decline
Global growth remains steady but below historical averages, according to the IMF’s latest forecast, released on Friday, January 17, in Washington, DC. Washington, DC, January 17, 2025 — Inflation is gradually aligning with the targets set by central banks, while economic growth remains stable at 3.3%. Nonetheless, the International Monetary Fund has indicated that risks…
-
India’s Finance Minister Visits NY and DC for IMF Meetings
India’s Finance Minister, Nirmala Sitharaman, is in Washington, D.C., to attend the 2024 Annual Meetings of the World Bank Group and the International Monetary Fund. On her way to Washington, she visited New York and Pennsylvania. Photo: IMF Managing Director Kristalina Georgieva poses for a photo with several notable leaders at the IMFC Breakfast during…
-
IMF Warns of Low Growth Amid High Debt Risks
The global economy may face a cycle of low growth and high debt, warns the IMF Managing Director. Photo: Debate on the Global Economy. IMF Managing Director Kristalina Georgieva; CNBC’s Sara Eisen; President of the Deutsche Bundesbank Joachim Nagel; Minister of Economy and Finance of Morocco Nadia Fettahand; Prime Minister of Poland, Mateusz Morawiecki; and…
-
IMF October 2024 Economic Outlook: Key Highlights
IMF October 2024 World Economic Outlook Highlights. Washington, DC, October 22, 2024 —The outlook for global economic growth has shown improvement; however, medium-term challenges persist. The International Monetary Fund (IMF) reported this assessment in its latest forecast, published on Tuesday, October 22, in Washington, DC. Photo: Flags representing the 191 member countries line the stairs…
-
2024 IMF Annual Meetings: Key Insights from Kristalina Georgieva
Washington, D.C., October 18, 2024 — In anticipation of the 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington, D.C., Managing Director Kristalina Georgieva delivered a speech outlining the global economic outlook and key policy priorities. Georgieva stated that while the global battle against inflation has essentially been…
-
IMF World Economic Outlook: July 2024 Update
The IMF has released its update on the World Economic Outlook for July 2024. WASHINGTON DC, July 16, 2024 — According to the IMF, global growth is expected to match the forecast from April 2024, at 3.2 percent in 2024 and 3.3 percent in 2025. However, different momentum in economic activity at the start of…
-
IMF Agrees to $7 Billion Loan for Pakistan’s Economic Reforms
The IMF and Pakistan have agreed on a 37-month Extended Fund Facility. The International Monetary Fund has agreed to loan Pakistan $7 billion to support its struggling economy, with Islamabad promising that this would be the last time it sought assistance from the Washington-based lender. It marks the 24th time Pakistan has received funds from…
CitiTimes 