Tag: imf
-

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…
-

IMF Reviews US Economic Performance and Fiscal Outlook
IMF reports on the US Economy Washington, DC, June 27, 2024 — The IMF (International Monetary Fund) stated that although the US economy is performing well, the government should work on improving its fiscal position in the medium term by cutting spending and increasing revenue. IMF Managing Director Kristalina Georgieva informed reporters that the world’s…
