Tag: imf
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IMF says AI investment keeps global growth around 3%, with major Asia benefits
BANGKOK, Oct 12 : Strong investment in AI infrastructure is keeping global growth at around 3 per cent, yielding major benefits for many Asian economies that supply the hardware, such as Thailand, said Kristalina Georgieva, managing director of the International Monetary Fund.The artificial intelligence inves
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IMF invites BOJ chief Ueda to speak on November 6
TOKYO, Oct 9 : Bank of Japan Governor Kazuo Ueda has been invited to speak at the International Monetary Fund’s central banking lecture on November 6, the IMF said on Friday.After delivering a speech, Ueda will hold a conversation with IMF Managing Director Kristalina Georgieva, according to the IMF’s announc
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IMF reaches tentative $1.21 billion bailout deal with Pakistan
Pakistan’s dependence on Gulf energy imports, remittances and regional financing has left the economy exposed to the fallout from the Middle East conflict.
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IMF reaches staff-level deal with Papua New Guinea, potentially unlocking about $189 million
Oct 6 : The International Monetary Fund said on Tuesday it has reached a staff-level agreement with Papua New Guinea on reviews of its funding facilities, potentially unlocking up to $189 million once approved by the fund’s executive board.• IMF staff and Papua New Guinea reached a staff-level agreement on
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Commentary: China is smarter about subsidies than everybody else
Beijing is stealing a march on its competitors by targeting strategic sectors, says Gillian Tett for the Financial Times.
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IMF says new Bangladesh programme talks ahead, sees growth slowing
DHAKA, July 16 : The International Monetary Fund said on Thursday that its staff team had concluded a visit to Bangladesh at the government’s request and that discussions on the parameters of a new arrangement would take place in the coming months.IMF staff project Bangladesh’s economic growth will moderate t
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Can the IMF help Africa break the debt cycle? {Business Africa}
Can the International Monetary Fund finally help Africa break out of its multi-generational loop of rescue and repayment and here is how Nigerian businesses are using stablecoins to bypass traditional banks to fight inflation.
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IMF to closely monitor China’s economic growth amid trade tensions
An accurate measurement of China’s digital economy is a priority for other powers competing with Beijing in fast-developing technologies.
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Stablecoins gain in Nigeria for cross-border transfers, IMF says
LAGOS, June 16 : Nigerians are increasingly turning to U.S. dollar-pegged digital tokens, or stablecoins, to move money across borders, as households and small businesses seek cheaper and faster alternatives to traditional channels, the IMF said on Tuesday. The Fund said what began as a niche crypto use ha
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World Cup fever, new EU migration era and the Pope’s message to Spain
The biggest-ever World Cup got underway with hosts Mexico beating South Africa and South Korea upsetting the first European team in action. In Europe, the EU’s new Migration and Asylum Pact takes effect today, while Pope Leo XIV wraps up his visit to Spain with a special mass in Tenerife. #EuropeToday
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