Business
IMF urges Japan to keep raising rates, avoid reducing sales tax
With inflation exceeding its 2% target for nearly four years, the BOJ has signalled its readiness to keep hiking rates The International…
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IMF
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IMF wades into debate over yuan, warns on risk of trade tensions
It’s lending its voice to a debate over distortions caused by a weaker exchange rate The International Monetary Fund linked China’s…
Business
IMF warns of dim outlook for world economy hit by rolling shocks
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July The International Monetary Fund warned that the…
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World Bank and IMF climate snub ‘worrying’, says COP29 presidency
The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost…
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Argentina to lift currency controls after securing new IMF loan
Argentina's President Javier Milei leaves the Government House after announcing the exchange rate hike. Earlier, Economy Minister Luis…
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IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…
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West Asia conflict escalation poses significant economic risks: IMF
The IMF estimates that Gaza's GDP declined 86 per cent in the first half of 2024. | Photo: Bloomberg 3 min read Last Updated : Oct 03 2024…
Business
Pakistan cuts 150K jobs, dissolves six ministries as part of IMF deal
Pakistan | (Photo: Shutterstock) 3 min read Last Updated : Sep 29 2024 | 8:34 PM IST In an effort to minimise administrative expenditures,…