Economics News on Globe Banner

Latest News


Economics

IMF extends credit facilities for Cabo Verde

The International Monetary Fund (IMF) has granted Cabo Verde an extension for its Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF) arrangements.


Economics

IMF concludes Article IV consultation with Iceland amid economic recovery

The International Monetary Fund (IMF) recently concluded its 2025 Article IV mission to Iceland, where a team led by Magnus Saxegaard conducted discussions both virtually and in Reykjavik.


Economics

U.S trade deficit widens in March amid rising imports

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis have reported that the goods and services deficit in March 2025 was $140.5 billion, an increase of $17.3 billion from February's revised figure of $123.2 billion.


Economics

IMF concludes annual review of West African Economic and Monetary Union policies

The International Monetary Fund (IMF) Executive Board has concluded its annual discussions on the common policies of the West African Economic and Monetary Union (WAEMU) member countries.


Economics

IMF reviews Tajikistan's economic growth in 2025 Article IV Mission

The International Monetary Fund (IMF) recently concluded its 2025 Article IV consultation and second review discussions under the Policy Coordination Instrument (PCI) with Tajikistan.


Economics

IMF Board approves medium-term budget for FY2026-FY2028

The International Monetary Fund's Executive Board has greenlit the medium-term budget for the 2026-2028 financial years.


Economics

IMF Executive Board reviews income position for FY 2025 and FY 2026

The Executive Board of the International Monetary Fund (IMF) has completed its review of the Fund’s income position for the financial year ending April 30, 2025, and for FY 2026.


Economics

Toyota Canada reports record April sales for electrified vehicles

Toyota Canada Inc. (TCI) reported its April sales results, revealing a significant increase in electrified vehicle sales for both its Toyota and Lexus divisions.


Economics

YouTube's Neal Mohan to speak at the MoffettNathanson conference

Alphabet Inc. has announced that Neal Mohan, CEO of YouTube, is set to participate in the MoffettNathanson Media, Internet, and Communications Conference.


Economics

IMF supports Haiti’s economic program with first review approval

Management of the International Monetary Fund (IMF) announced its approval of the first review of Haiti's Staff-Monitored Program (SMP) on April 15, 2025.


Economics

March 2025 data shows slight rise in U.S. personal income and expenditures

Personal income in March 2025 saw an increase of $116.8 billion, growing at a monthly rate of 0.5 percent, as reported by the U.S. Bureau of Economic Analysis.


Economics

U.S. GDP declines in Q1 2025 due to imports and reduced government spending

The U.S. Bureau of Economic Analysis has reported a decrease in the real gross domestic product (GDP) at an annual rate of 0.3 percent for the first quarter of 2025, which contrasts with a 2.4 percent increase in the previous quarter.


Economics

IMF hosts inaugural economic research conference in Cairo for MENA region

The International Monetary Fund (IMF) is set to hold its inaugural annual Economic Research Conference for the Middle East and North Africa (MENA) on May 18-19, 2025, in Cairo.


Economics

Saudi, IMF, and World Bank pledge support for Syria's economic recovery

On April 24, 2025, a joint statement was issued by Mohammed AlJadaan, the Finance Minister of Saudi Arabia; Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF); and Ajay Banga, the President of the World Bank Group...



Economics

IMF and Armenia reach staff-level agreement on economic reform program

An International Monetary Fund (IMF) team, headed by Iva Petrova, visited Yerevan for discussions on Armenia's Stand-By Arrangement (SBA) from March 31 to April 10, 2025.


Economics

IMF concludes Article IV mission report on Uzbekistan's economic performance

On April 23, 2025, the International Monetary Fund (IMF) issued a concluding statement after its Article IV mission to Uzbekistan.


Economics

G-24 urges sustained international cooperation amid global crises and economic uncertainties

The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development convened in Washington, D.C. on April 22, 2025, under the chairmanship of Pablo Quirno from Argentina.


Economics

African financial resilience and IMF's ongoing support discussed in recent meeting

April 22, 2025 Washington, DC - A statement was released following the African Consultative Group meeting led by Mr. Hervé Ndoba, Central African Republic’s Minister of Finance and Budget and Chair of the African Caucus, along with Ms.


Economics

IMF reviews Azerbaijan's economy, noting growth recovery and resilient financial sector

On March 21, 2025, the International Monetary Fund's (IMF) Executive Board completed its Article IV consultation with Azerbaijan, giving its endorsement to the staff's appraisal and the 2024 Financial System Stability Assessment.