Tag: IMF

Half of the world has asked the IMF for a bailout, chief says

The global economic downturn has been so severe that already half of the world has asked the International Monetary Fund for a bailout, the organization’s chief said Wednesday.
— Read on www.cnbc.com/2020/04/15/half-of-the-world-has-asked-the-imf-for-a-bailout-chief-says.html

IMF cancels debt payments for 6 months for 25 poor nations battling coronavirus – MarketWatch

The International Monetary Fund approved $500 million on Monday to cancel six months of debt payments for 25 of the world’s most impoverished countries so…
— Read on www.marketwatch.com/story/imf-cancels-debt-payments-for-6-months-for-25-poor-nations-battling-coronavirus-2020-04-13

Virus Poses New Threat to World Economy’s Fragile Stabilization

(Bloomberg) — The outbreak of the deadly coronavirus threatens to derail a fragile stabilization in the world economy, which had appeared poised to benefit from the phase one U.S.-China trade deal, and signs of a tech turnaround.While it’s too early to assess the full impact on China, where national
— Read on ca.finance.yahoo.com/news/virus-poses-threat-world-economy-064737166.html

Meet the Economy That the IMF Sees Growing 86% in 2020 – Bloomberg

South America may be battered by weak growth, unrest and austerity but one of its smallest countries is about to experience the fastest economic growth on the planet.
— Read on www.bloomberg.com/news/articles/2019-11-02/meet-the-economy-that-the-imf-sees-growing-86-in-2020

IMF chief economist Gita Gopinath: It’s harder to find bright spots in global economy

“As the year is progressing, it’s getting harder to find those bright spots,” Gita Gopinath tells CNBC.
— Read on www.cnbc.com/2019/08/23/imf-chief-economist-gita-gopinath-its-harder-to-find-bright-spots-in-global-economy.html