The global debt in 2020 jumped to a new record, reaching 226 trillion. as it showed the largest annual rise since World War II, according to the International Monetary Fund in an analysis released today, while warning of the risks of a sharp rise in interest rates. In a post on the IMF blog, Vitor […]
Tag: IMF
At the beginning of 2022 the early repayment of IMF – GLF
By Tasos Dasopoulos At the beginning of 2022, the repayment of the balance from the loans of the International Monetary Fund to Greece, amounting to 1.8 billion euros, will proceed, as well as the first repayment of 5.3 billion euros from the bilateral loan of a total of 52.3 billion euros that Greece received during […]
The Omicron mutation is found in an increasing number of countries
More and more countries were announcing cases of the Omicron variant of the coronavirus yesterday, Friday, which, although the WHO says it does not know of any deaths from it, raises concerns to the point that the International Monetary Fund (IMF) is considering revising it. its forecasts for global development. More than a week after […]
IMF: Omicron global growth forecasts likely to be revised downwards
Recent forecasts for global economic growth by the International Monetary Fund are likely to be revised downwards due to the emergence of the Omicron variant of the coronavirus, IMF Managing Director Kristalina Georgieva said today. “A new variant that could spread very quickly could hurt confidence and in that sense, we are likely to see […]
IMF rings bell for Fed to raise interest rates and cut asset purchases
The International Monetary Fund issued a warning on Friday about rising inflationary pressures, especially in the US, and the uncertainty caused by a new variant of the coronavirus called Omicron, noting that US banks need to focus more on the risks of inflation. According to Reuters, in a related blog published today, Gita Gopinath and […]
IMF to G20: Poorer countries may collapse financially if they do not repay their debts
The poorest countries will face economic collapse unless the world’s richest economies agree to step up their debt restructuring efforts, International Monetary Fund (IMF) Managing Director Kristigalina G warned yesterday. About 60% of low-income countries are already facing or at high risk of being severely pressured by their debt, compared to less than 50% in […]
Reuters: Greece will borrow between € 10 billion and € 12 billion from markets in 2022
Greece plans to borrow between 10 billion and 12 billion euros in 2022 through the issuance of new short-term and long-term debt, but also the first green bond that the country will issue, according to two government sources who spoke to Reuters on Monday. Greece issued 5-year, 10-year and 30-year government bonds this year, raising […]
Evergrande’s risk to China is contained for now – Hedge Berger
Commenting on the emerging risks of China’s indebted real estate sector, Hedge Berger, Head of the International Monetary Fund’s China Mission and Deputy Director of the Asia-Pacific Department, said that “Evergrande’s risk to China is contained for now“. Featured statements: China is accumulating downside risks. The China’s government has the tools to contain risks. Deleveraging […]
China’s economy will grow 8.0% this year, but the recovery remains unbalanced
The International Monetary Fund said Tuesday that it expects the Chinese economy to grow 8% in 2021, but added that the economic recovery remains unbalanced. Reuters. Featured statements “Asia’s economy will expand 5.7% in 2022, 0.4% more than the April forecast.” “Inopportune policy normalization or misinterpreted policy communications by the United States could trigger a […]
Policy makers must be ready to take decisive action to maintain price stability
Citing a draft document, Reuters reported that the International Monetary Fund (IMF) will say in its statement that inflation dynamics need to be closely monitored and policy makers must be ready to take decisive action to maintain price stability. Featured statements “The rise in inflation continues to be assessed as driven by temporary factors such […]
