Greece's economy is projected to grow 2.1% in 2025, mainly driven by investment, the International Monetary Fund mission said on Thursday, adding that any crisis in major euro area countries as well as global uncertainties could hamper growth.
Projections from the National Treasury reveal that South Africa's government debt, currently standing at R5. 2 trillion, is expected to exceed R6. 05 trln, constituting 75. 5% of gross domestic product (GDP) by the 2025/26 financial year.
The author thanks Ignacio Albe, Olivier Blanchard, Martina Copelman, Joseph Gagnon, José de Gregorio, Patrick Honohan, Douglas Irwin, Maurice Obstfeld, and other PIIE colleagues for their comments and suggestions.
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.
Islamabad, Jan 30 (PTI) A minister said Pakistan cannot afford the risk of exiting the International Monetary Fund (IMF) programme with USD 100 billion in external financing requirements in the short to medium term.
The executive board of the International Monetary Fund on Friday approved the second review of Ethiopia's current financing program, the fund said, paving the way for a disbursement of about $250 million.
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with South Africa.
The U.S. economy will continue to be the developed world’s best performer in 2025 giving President-elect Donald Trump a running start on his plan to spur faster growth, the International Monetary Fund said.
The International Monetary Fund has warned that US economic policies under incoming president Donald Trump could hit the rest of the world and ultimately backfire on the US. The IMF says a threatened wave of tariffs could make trade tensions worse, lower investment, hit market pricing, distort trade flows and disrupt supply chains.
Russia’s representative to the International Monetary Fund’s executive board has received permission by Washington to move to the US, a reprieve from sanctions imposed in response to the 2022 invasion of Ukraine.
ISLAMABAD: The government on Thursday stopped procurement of around 1,100 vehicles for employees of the Federal Board of Revenue (FBR) till the finalisation of an investigation into allegations of malfeasance, threats to the whistleblowing senator and raids on a rival car manufacturer.