Economics News

IMF reviews Oman's economic progress amid reform efforts

An International Monetary Fund (IMF) staff team, led by César Serra, conducted the 2024 Article IV consultation in Muscat from October 30 to November 13.

By Globe Banner | Nov 18, 2024

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IMF's Kristalina Georgieva addresses G20 summit on financial strength and inclusivity

By Globe Banner | Nov 18, 2024

November 18, 2024 Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), addressed the G20 Leaders' Summit in Rio de Janeiro, Brazil.

APEC leaders discuss economic challenges amid slowing growth

By Globe Banner | Nov 16, 2024

Thank you, President Boluarte, for inviting me to today’s APEC Leaders’ retreat.

Benin unveils new climate finance platform with global partnerships

On November 15, 2024, during COP29 in Baku, Azerbaijan, the Government of Benin announced a new set of initiatives to enhance climate action.

Foreign-owned firms boost US employment by nearly seven million

Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, marking a 6.8 percent increase from the previous year's 7.82 million workers, according to statistics released by the...

IMF reaches staff-level agreement with Comoros on extended credit facility review

An International Monetary Fund (IMF) team, led by Ms.

IMF concludes staff visit to Pakistan focusing on economic policy discussions

An International Monetary Fund (IMF) mission, led by Nathan Porter, concluded a staff visit to Pakistan from November 12 to 15, 2024.

IMF reaches agreement with Burkina Faso on credit facility review

The International Monetary Fund (IMF) has reached a staff-level agreement with Burkina Faso on the second review of the Extended Credit Facility (ECF) arrangement.

IMF's Georgieva addresses global economic challenges at annual research conference

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), delivered remarks at the 25th Jacques Polak Annual Research Conference.

Madagascar launches platform to boost climate finance through international partnerships

The Government of Madagascar, in partnership with International Financial Institutions (IFIs) and development partners, has unveiled a series of initiatives aimed at enhancing climate finance in the country.

Sub-Saharan Africa faces diverging economic growth patterns

Stagnating incomes in sub-Saharan Africa's resource-intensive economies are calling for more effective fiscal management and broad-based structural reforms, according to a recent analytical note from the Regional Economic Outlook for the region.

Personal income rises across most U.S. counties according to BEA report

The U.S. Bureau of Economic Analysis (BEA) has reported that personal income in current dollars rose in 2,814 counties, fell in 295, and remained unchanged in five counties during 2023.

IMF concludes review mission on Paraguay's economic policies

By Globe Banner | Nov 13, 2024

A team from the International Monetary Fund (IMF), led by Mauricio Villafuerte, visited Asunción, Paraguay, from November 5 to 11, 2024.

IMF reaches staff-level agreement with DRC on credit facility

By Globe Banner | Nov 13, 2024

The International Monetary Fund (IMF) has reached a staff-level agreement with the Democratic Republic of Congo (DRC) on two significant financial arrangements.

IMF and Saudi Arabia announce conference on emerging market challenges

By Globe Banner | Nov 13, 2024

The International Monetary Fund (IMF) and the Kingdom of Saudi Arabia have announced a collaboration to host an annual conference focusing on emerging markets.

IMF completes second review of Morocco's resilience facility

By Globe Banner | Nov 12, 2024

On November 11, 2024, the International Monetary Fund (IMF) Executive Board concluded its second review under the Resilience and Sustainability Facility (RSF) arrangement for Morocco.

Côte d'Ivoire announces initiatives to boost climate finance at COP29

By Globe Banner | Nov 12, 2024

The Government of Côte d'Ivoire has unveiled a series of initiatives aimed at enhancing climate financing, as announced at COP29 in Baku.

IMF reaches staff-level agreement on credit facility review with Zambia

By Globe Banner | Nov 11, 2024

An International Monetary Fund (IMF) staff team, led by Mercedes Vera Martin, has reached a staff-level agreement with Zambian authorities on the fourth review of the Extended Credit Facility (ECF).