Economics News

IMF completes third review under ECF arrangement for Ethiopia
The International Monetary Fund (IMF) Executive Board has completed the third review under the Extended Credit Facility (ECF) arrangement for Ethiopia and concluded the 2025 Article IV consultation.
By Globe Banner | Jul 2, 2025

Toyota Canada reports increased vehicle sales in second quarter
Toyota Canada Inc. (TCI) reported a notable increase in sales for the second quarter of 2025, with a total of 73,346 vehicles sold, marking an 8.6% rise compared to the previous year.
By Globe Banner | Jul 2, 2025
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IMF discusses economic opportunities during Article IV mission to Timor-Leste
By Globe Banner | Jul 2, 2025
An International Monetary Fund (IMF) team, led by Yan Carrière-Swallow, visited Dili from June 19 to July 2 for the 2025 Article IV consultation with Timor-Leste.
IMF highlights Curaçao's economic growth driven by tourism; risks remain
By Globe Banner | Jul 2, 2025
Curaçao's economic landscape has experienced notable growth, with a 5 percent expansion in 2024 driven by robust tourism activity.
Seychelles achieves economic stability after comprehensive reforms
By Globe Banner | Jul 1, 2025
Seychelles, an archipelago of 115 islands in the Indian Ocean, has achieved a notable level of economic stability.
BlackRock completes acquisition of HPS Investment Partners
By Globe Banner | Jul 1, 2025
BlackRock, Inc. has finalized its acquisition of HPS Investment Partners, marking a significant development in the financial sector.
IMF completes governance diagnostic mission in Kenya
By Globe Banner | Jul 1, 2025
The International Monetary Fund (IMF) has concluded a Governance Diagnostic mission in Kenya, led by Rebecca A. Sparkman.
IMF advises Bosnia on fiscal discipline amid political hurdles
By Globe Banner | Jul 1, 2025
The International Monetary Fund (IMF) has released its preliminary findings following the 2025 Article IV Consultation Mission to Bosnia and Herzegovina.
IMF outlines economic outlook for Switzerland amidst global challenges
By Globe Banner | Jul 1, 2025
Switzerland is navigating a complex economic landscape, according to the International Monetary Fund (IMF) staff's concluding statement following their 2025 Article IV Consultation Mission.
U.S.'s international investment deficit narrows in first quarter of 2025
By Globe Banner | Jun 30, 2025
The U.S. Bureau of Economic Analysis (BEA) has released new statistics on the U.S. net international investment position for the first quarter of 2025, reporting a deficit of $24.61 trillion.
IMF completes second review under credit facility arrangement for Togo
By Globe Banner | Jun 30, 2025
The International Monetary Fund (IMF) Executive Board has completed the second review of Togo's Extended Credit Facility (ECF) arrangement.
IMF concludes Article IV consultation on Algeria's economic prospects
By Globe Banner | Jun 30, 2025
An International Monetary Fund (IMF) mission led by Charalambos Tsangarides concluded its 2025 Article IV consultation with Algeria on June 30, 2025.
IMF concludes Article IV consultation with Guinea-Bissau; approves eighth ECF review
By Globe Banner | Jun 30, 2025
The International Monetary Fund (IMF) Executive Board has concluded the 2025 Article IV consultation and completed the eighth review under the Extended Credit Facility (ECF) arrangement with Guinea-Bissau.
IMF concludes Article IV consultation with Serbia; completes PCI review
By Globe Banner | Jun 30, 2025
The International Monetary Fund (IMF) Executive Board has completed the 2025 Article IV Consultation with Serbia and finalized the first review under the Policy Coordination Instrument (PCI).
IMF approves eighth review of extended fund facility for Ukraine
By Globe Banner | Jun 30, 2025
The International Monetary Fund (IMF) Executive Board has concluded the Eighth Review of the Extended Fund Facility (EFF) for Ukraine, allowing the country to access US$0.5 billion for budget support.
IMF's Nigel Clarke highlights importance of tax capacity at development conference
By Globe Banner | Jun 30, 2025
Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), addressed the Fourth Financing for Development Conference in Seville, Spain.
IMF concludes first review under extended fund facility for El Salvador
By Globe Banner | Jun 27, 2025
The International Monetary Fund (IMF) Executive Board has concluded the 2025 Article IV consultation and completed the first review of the Extended Fund Facility (EFF) arrangement for El Salvador.
IMF concludes Article IV consultation with Tanzania; completes reviews under credit facility arrangements
By Globe Banner | Jun 27, 2025
The International Monetary Fund (IMF) Executive Board has concluded the 2025 Article IV Consultation with Tanzania, completing both the fifth review under the Extended Credit Facility (ECF) and the second review under the Resilience and...
U.S Bureau reports decline in personal income for May
By Globe Banner | Jun 27, 2025
Personal income in the United States saw a decline of $109.6 billion, or 0.4 percent, in May, as reported by the U.S. Bureau of Economic Analysis.
IMF concludes first review under extended fund facility for El Salvador
By Globe Banner | Jun 27, 2025
The International Monetary Fund (IMF) Executive Board has concluded El Salvador's 2025 Article IV consultation and completed the first review of the Extended Fund Facility (EFF) arrangement.