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The U.S. Bureau of Economic Analysis has released the "second" estimate for the real gross domestic product (GDP) growth in the third quarter of 2024, indicating an annual increase of 2.8 percent.

BusinessEurope urges EU Commission to focus on economic revival

The European Parliament has confirmed the new European Commission College, led by President Ursula von der Leyen.

IMF reviews Samoa's economic progress amid global uncertainties

An International Monetary Fund (IMF) mission, led by Siddharth Kothari, recently concluded discussions with Samoan authorities and stakeholders in Apia.

IMF announces staff-level agreement on Ethiopia's extended credit facility review

The International Monetary Fund (IMF) has announced a staff-level agreement with Ethiopian authorities on the second review of Ethiopia's economic program under the Extended Credit Facility (ECF).

U.S Bureau reports rise in personal income for October

Personal income in the United States rose by $147.4 billion, or 0.6 percent, in October, according to data released by the U.S. Bureau of Economic Analysis.

IMF completes Article IV consultation with Bahrain: economic growth continues amid challenges

The International Monetary Fund (IMF) Executive Board has completed its 2024 Article IV consultation with the Kingdom of Bahrain, noting economic growth amid challenging conditions.

IMF commends Sri Lanka's progress in economic reforms amid ongoing debt restructuring

Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), addressed members of the financial community regarding Sri Lanka's economic reform efforts.

IMF concludes Article IV consultation with cautious optimism for Thai economy

An International Monetary Fund (IMF) staff team, led by Corinne Deléchat, has completed the 2024 Article IV Consultation with Thailand.

IMF highlights structural reforms needed for Chile’s sustained economic growth

The International Monetary Fund (IMF) has concluded its 2024 Article IV mission to Chile, issuing a statement that outlines the country's current economic status and future prospects.

IMF reaches staff-level agreement with Cabo Verde on credit facility reviews

An International Monetary Fund (IMF) team, led by Justin Tyson, concluded discussions with Cabo Verdean authorities regarding the fifth review under the Extended Credit Facility (ECF) and the second review under the Resilience and Sustainability...

IMF projects strong economic growth for Albania amid fiscal challenges

An International Monetary Fund (IMF) mission, led by Anke Weber and including David Bartolini, Fazurin Jamaludin, Jakree Koosakul, and Hasan Toprak, conducted discussions with Albania for the 2024 Article IV Consultation from November 13 to 21.

IMF discusses South Africa's economic challenges during Article IV consultation

An International Monetary Fund (IMF) team, led by Delia Velculescu, recently concluded its visit to South Africa for the 2024 Article IV annual consultation.

Mongolia urged to align monetary and fiscal policies to control inflation

Discussions at the Bank of Mongolia's recent international conference emphasized the need for improved alignment between monetary and fiscal policies to address high inflation.

IMF outlines challenges facing Czech Republic's economic recovery

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

IMF concludes Article IV consultation with Tonga amid economic improvements

By Globe Banner | Nov 25, 2024

On November 6, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with the Kingdom of Tonga.

Vanuatu faces economic challenges after airline bankruptcy

By Globe Banner | Nov 25, 2024

Vanuatu, a Pacific island nation situated between Australia and Fiji, is facing significant economic challenges following recent adverse events.

IMF reviews Nicaragua's economy: robust growth amid challenges

A recent International Monetary Fund (IMF) mission to Nicaragua concluded with a statement highlighting the country's economic performance and outlook.

IMF reaches staff-level agreement on third review of Sri Lanka's fund facility

An International Monetary Fund (IMF) team led by Peter Breuer, Senior Mission Chief for Sri Lanka, visited Colombo from November 17 to 23, 2024.

IMF reaches staff-level agreement on Suriname's economic reform program

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

IMF discusses final review of South Sudan's staff-monitored program amid economic challenges