The Colombian president, Gustavo Petro, proposed to his US counterpart, Joe Biden, to take to the International Monetary Fund (IMF) the proposal that the states exchange public debt for climate actions, in an effort to tackle the environmental crisis at a global level.
"We talked about how to…
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IMF
Malaysia and China seek to create an Asian Monetary Fund to counter the dominance of the dollar
Malaysian Prime Minister Anwar Ibrahim has proposed the creation of an "Asian Monetary Fund" as an alternative to the dominance of the US dollar and the International Monetary Fund (IMF) on the world financial stage. During a meeting with…
IMF and El Salvador assess the region’s economy
The Government of El Salvador received a visit from the Executive Board of the International Monetary Fund (IMF) to evaluate the economy of the region. The meeting is held as part of the traditional visit that the IMF maintains with member…
The IMF recommends the Fed to continue with its policy
The US Federal Reserve (Fed) should not relax yet in the fight against inflation, according to the deputy managing director of the International Monetary Fund (IMF), Gita Gopinath, for whom the US central bank has to "stay the course" and…
IMF sees difficulties for 2023
Most of the world economy will face a "more difficult" year in 2023 than it was in 2022 due to the simultaneous slowdown in the United States, the European Union (EU) and China, the world's three largest economies, according to the…
IMF and Argentina reach an agreement on second review of debt
The International Monetary Fund (IMF) and the Argentine authorities have reached an agreement at staff level on the second review under the Fund's Extended Service Agreement, so that once the review is complete, Argentina will have access…
Drop in the price of Bitcoin affects the economy of El Salvador
The price of Bitcoin, the main cryptocurrency in the market, remains low. This situation directly affects the financial status of El Salvador, a Central American country that adopted crypto in September 2021.
The negative streak in the…
IMF assures that Bitcoin will not affect economic stability
The International Monetary Fund (IMF) assured that, despite the fact that the cryptocurrency market has been in a downtrend, this will not directly affect global financial stability.
In a report prepared days ago, the IMF indicated that…
IMF forecasts slowdown in world economic growth of 3.2 %
The International Monetary Fund has published its report on global economic growth, in which it forecasts a slowdown of 3.2 % for the rest of 2022.
Among the reasons for this trend, the agency points out: “Several shocks have affected a…
Central Bank of Morocco works on cryptocurrency framework law
Abdellatif Jouahri, governor of the central bank of Morocco, stated that a committee is working to establish an appropriate framework law to regulate cryptocurrencies that allows combining innovation, technology and consumer protection.…
IMF and Colombia agree on a new credit
The Executive Board of the International Monetary Fund (IMF) approved a new two-year agreement in favor of Colombia within the framework of the Flexible Credit Line (LCF) for an approximate amount of 9,800 million dollars, as reported in a…
IMF estimates 2.5 % growth for Latin America in 2022
The International Monetary Fund (IMF) published its new estimates on economic growth and slightly modified its forecasts for the Latin American and Caribbean region by 2.5 % for this 20220 in the framework of an environment marked by…