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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...



Economics

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.


Economics

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.


Economics

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.


Economics

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.


Economics

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.


Economics

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.


Economics

IMF concludes review mission on Paraguay's economic policies

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