The International Monetary Fund (IMF) warned on Monday that the coronavirus crisis is not over yet, urging economies to continue offering fiscal support to allow for a healthy recovery, according to Reuters. Featured statements: “The support must be maintained throughout the crisis. A premature withdrawal of aid would further damage livelihoods and increase the likelihood […]
Tag: IMF
Georgieva (IMF) asks China to provide payment facilities to indebted countries
If there is a country that is competing with him IMF, the World Bank and other multilateral organizations in lending to developing economies is China. The latest example came this week when the prime minister of Sri Lanka, the nationalist Gotabaya Rajapaksa announced that he would ask China, and not the IMF, for a […]
Only Japan, Sudan and Zambia will borrow more than Spain this year
The coronavirus has not only cost Spain the lives of 33,204 people, according to the contador maintained by Johns Hopkins University since the pandemic broke out. It has also ruined the country. Here are some of the figures, according to the International Monetary Fund (IMF) statistics published yesterday and today. The crisis will make […]
IMF: Countries must continue to implement essential measures to ensure a lasting recovery – Kristalina Georgieva
The countries must continue with essential measures to guarantee the protection of lives and the means of subsistence to ensure a lasting recoveryThe managing director of the International Monetary Fund (IMF) said on Wednesday, Kristalina Georgieva, as reported by Reuters. Featured statements: “Stopping support for households and businesses too soon could risk serious self-harm.”The public […]
The IMF improves its forecasts for the large developed economies with only one exception: Spain
The International Monetary Fund (IMF) estimates that the coronavirus has launched into “extreme poverty“- that is, to live on less than 1 dollar with 61 cents a day – 90 million people, the equivalent of twice the population of Spain. It has caused the greatest crisis in history since the Great Depression that occurred 90 […]
The coronavirus will have an impact on the world economy 44 times greater than that of the 2008 crisis
This year alone, the coronavirus will have an impact on the world economy 44 times greater than the financial crisis of 2008-2009. This has been explained by the chief economist of the International Monetary Fund (IMF), Gina Gopinath, at the press conference to present the report of World Economic Outlook, recalling that “the magnitude […]
IMF raises global outlook for 20 years down 4.4% warning of deterioration in emerging economies
However, economic losses in 20-25 due to unemployment, bankruptcy, debt, etc. due to the economic slowdown may reach up to $ 28 trillion, and the global medium-term growth rate after 2009 may remain around 3.5%. Recognized that there is. The global economic outlook for 2009 is forecast to be + 5.2%. However, the outlook for many […]
The main Latin American economies sick with Covid-19
Despite a disastrous health toll (150,000 dead and 5 million confirmed cases), the recession will probably not be as deep as expected in Brazil. The IMF, which predicted a historic drop of 9.1% of GDP this year, revised its forecasts downwards: -5.8% (including -7% in the first half), with a slight recovery of 2.8% of GDP next year. […]
