Economics News on Globe Banner

Latest News


Economics

BlackRock funds Learn To Earn Dayton's expansion into eight Ohio school districts

The BlackRock Foundation has announced a $1 million grant to Learn to Earn Dayton, aimed at expanding the Pathways for Accelerated College and Career Experience (PACCE) program.


Economics

IMF approves extended credit facility for Sierra Leone amid economic reforms

The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV consultation with Sierra Leone and approved a 38-month arrangement under the Extended Credit Facility (ECF).


Economics

Moldova reaches agreement with IMF on credit facility program reviews

An International Monetary Fund (IMF) team, led by Alina Iancu, has concluded discussions with Moldovan authorities regarding the sixth reviews of Moldova's programs under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF)...


Economics

IMF discusses economic prospects with Solomon Islands during Article IV mission

An International Monetary Fund (IMF) team, led by Masafumi Yabara, conducted discussions in Solomon Islands from November 11 to 22 for the 2024 Article IV Consultation.


Economics

IMF reports significant progress in implementing evaluation office recommendations

The International Monetary Fund (IMF) Executive Board has concluded its Fourteenth Periodic Monitoring Report on the status of Management Implementation Plans (MIPs) in response to recommendations from the Independent Evaluation Office (IEO).


Economics

IMF concludes Egypt visit after talks on economic reforms

An International Monetary Fund (IMF) mission, led by Ivanna Vladkova Hollar, concluded its visit to Egypt on November 20, 2024.


Economics

IMF reviews Liberia's economic progress during recent mission

An International Monetary Fund (IMF) staff team, led by Daehaeng Kim, visited Monrovia from November 6 to 19, 2024.


Economics

IMF concludes Article IV consultation mission with Republic of Korea

An International Monetary Fund (IMF) team, led by Mission Chief Rahul Anand, concluded its visit to the Republic of Korea on November 20, 2024.


Economics

New guidelines launched for open finance aiming at broader inclusion

A coalition of international organizations has introduced new guidelines for public authorities to leverage open finance in enhancing digital financial services and innovation.


Economics

BusinessEurope outlines strategic approach to future EU-China relations

BusinessEurope has released a new paper detailing its priorities for EU-China relations in the upcoming EU cycle.


Economics

IMF forum explores measuring AI's impact on global economy

The 12th IMF Statistical Forum commenced with discussions on the economic implications of artificial intelligence (AI).


Economics

European business groups urge consistent application of SME Test by EU Commission

New analysis from BusinessEurope, Eurochambres, and SMEunited indicates that the European Commission's application of the 'SME Test' methodology is still inconsistent across its services.


Economics

IMF reports strong rebound but highlights challenges for Bahamian economy

The International Monetary Fund (IMF) has released a concluding statement following its 2024 Article IV mission to The Bahamas.


Economics

IMF reaches agreement on sixth review of Ukraine's extended fund facility

An International Monetary Fund (IMF) team, led by Gavin Gray, engaged in discussions with Ukrainian authorities in Kyiv from November 11 to 18, 2024.


Economics

IMF reviews Malta's economy amid continued strong growth

Malta has seen significant economic growth over the last ten years, according to the preliminary findings of an International Monetary Fund (IMF) mission.


Economics

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.


Economics

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

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


Economics

APEC leaders discuss economic challenges amid slowing growth

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


Economics

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.


Economics

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...