Tag: International Monetary Fund
Ukraine war, resurgent pandemic to slow Asia growth in 2022
Ukraine war, resurgent pandemic to slow Asia growth in 2022Asia Pacific is expected to grow to 4.9% this year, 0.5 percentage point...
IMF cuts global GDP forecast due to Ukraine conflict
IMF cuts global GDP forecast due to Ukraine conflictThe global economic growth forecast is down to 3.6% this year and next, a...
ICC urges World Bank, IMF to help avoid unintended effects of...
International Chamber of Commerce Secretary General John Denton asked leaders of the International Monetary Fund and World Bank to “urgently consider making...
IMF slashes growth outlook as supply chain bottlenecks, inflation build up
Pandemic outbreaks in critical links of global supply chains have resulted in longer than expected supply disruptions, feeding inflation in many countriesGlobal...
Global recovery under threat from vaccine, supply chain setbacks—BIMCO
The economic recovery of many Asian countries has been hindered by low vaccination rates and another wave of COVID-19 casesFresh outbreaks have...
IMF lowers 2021 outlook for emerging Asia
Prospects for emerging market and developing economies have been marked down for 2021, while those for advanced economies have been revised upVaccine...
IMF sees 7.6% AsPac rebound in 2021 but marked with wide...
Asia Pacific will grow 7.6% this year and 5.4% next year, but with broad differences across countries and sectorsExports and manufacturing have...
ICC joins call for emergency debt relief for developing countries
The International Chamber of Commerce (ICC) is urging finance ministers to use this week’s Spring Meetings of the World Bank Group (WBG)...
IMF: COVID-19 to bring ‘sharply negative growth’, worst economic fallout since...
Global economic growth will “turn sharply negative in 2020” as the COVID-19 pandemic has created “a crisis like no other,” hurting both...
Global trade uncertainly surges tenfold after 20 years of stability: IMF...
Trade uncertainty, cited as a driving factor for sluggish global growth, has been surging, not just in the United States and China,...
