The head of the International Monetary Fund has urged countries to cut debt and slash red tape to revive growth as she warned the world was becoming more vulnerable to economic shocks.]]>
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.
The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.
Global financial uncertainty has prompted the Treasury to downgrade its growth forecasts for major economies ahead of the federal budget. Geopolitical tensions in the Middle East as well as a slowdown in China has led to the rethink on global economies, with Treasurer Jim Chalmers warning of a “fraught and fragile” outlook internationally. China’s growth […]
By David Lawder WASHINGTON, April 16 (Reuters) – The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing
IMF is projecting a growth rate of 4.4 per cent for Ghana by the end of 2025. This was captured in the IMF’s Global Economic Outlook released on the sidelines of the Annual World Bank/ IMF Spring Meetings in Washington DC USA, on April 16, 2024. The IMF in the report also projected that Ghana […]
The IMF is cautioning against overexuberance in markets as investors look for central bankers to pull off a "soft landing" in their years-long inflation battle.
Prime Minister Benjamin Netanyahu said Israel would decide whether and how to respond to Iran’s major air assault earlier this week, brushing off calls for restraint from close allies. Israel has vowed to respond to Iran’s unprecedented attack, leaving the region bracing for further escalation after months of fighting in Gaza. Israel’s allies have been []
IMF chief economist Pierre-Olivier Gourinchas says the world economy continues to show “remarkable resilience.”
New Delhi: Robust economic growth, decent corporate earnings, macroeconomic stability, expectations of political stability after elections, sustained capital flows, and retail investor enthusiasm will keep the market resilient despite rich valuations, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. A recent healthy trend in the market is the outperformance of the fundamentally strong large caps over the mid and small caps. This trend is making the market...
OTTAWA - Bank of Canada governor Tiff Macklem says central banks will make monetary policy decisions geared toward their own economies, which means some countries may begin cutting interest rates before others. Macklem made the comments while speaking to reporters on the sidelines of International Monetary Fund meetings in Washington, D.C. Friday. “We've all been resolute in our commitment to restore price stability, and we've matched those words with action that has helped us all bring...
Clean energy added about US$320 billion to the world economy last year, accounting for 10% of global GDP growth in 2023, according to a study from the IEA.