Peru will begin pilot tests for a central bank currency, or CBDC, according to the recent announcement by the Central Reserve Bank of Peru.
The local institution has indicated that the main objective is to promote financial inclusion “as an innovative solution in the market in a controlled manner.”…
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IMF
Costa Rica will receive disbursements of USD 510 million from the IMF
On Friday, April 12, the International Monetary Fund concluded a review of Costa Rica's economic performance, which concluded with the approval of two loans amounting to USD 510 million.
The IMF technical mission issued a statement…
IMF issued warning on agrarian protests in Europe
The International Monetary Fund (IMF) issued a warning about agrarian protests in Europe, noting that they could have an impact on prices if they persist. However, the IMF also states that these protests are not expected to have a major…
CAF grants loan to Argentina for USD 960 million to pay the IMF
In the midst of a severe financial crisis, Argentina received a loan from the CAF for USD 960 million to pay the International Monetary Fund, as indicated by the Central Bank.
Spokespersons for the organization indicated that the country…
IMF says CBDCs can promote financial inclusion
The speech by the director of the International Monetary Fund, Kristalina Georgieva, during the inauguration of the FinTech Festival in Singapore, was an exhortation to public institutions to prepare for the implementation of CBDCs as an…
The director of the IMF wants debt restructuring
At a press conference in Marrakech during the Annual Meeting of the International Monetary Fund (IMF) and the World Bank, Kristalina Georgieva, managing director of the IMF, has renewed her call to accelerate debt restructuring processes in…
IMF warned about the risks of cryptocurrencies in the financial system
The International Monetary Fund (IMF) issued a report aimed at addressing the rapid changes in the cryptocurrency market. In this report, titled "Assessment of the macrofinancial risks of cryptocurrencies", the IMF highlights the…
IMF seeks consensus to avoid US administrative closure
In an urgent call, the International Monetary Fund (IMF) urged Democrats and Republicans on September 28 to reach a consensus and thus avoid the closure of the US Administration.
Julie Kozack, director of communications at the IMF, in a…
Argentina will pay an “income boost” to informal workers
The Minister of Economy of Argentina and candidate for president, Sergio Massa, reported that the State will take measures to support informal workers who have suffered the ravages of growing inflation in the country.
The program will…
Sergio Massa announces a $1.3 billion loan for Argentina
In a prominent day in Washington, the Argentine Minister of Economy and candidate for the presidency, Sergio Massa, revealed that he had obtained loans for a total of 1.3 billion dollars from the World Bank and the IDB, for the benefit of…
Biden will promote reforms in the IMF and WB to support developing countries
At the upcoming G20 summit in New Delhi, President Joe Biden will present his approach to modernizing the International Monetary Fund (IMF) and the World Bank (WB) to better support developing countries, the White House reported. on…
IMF increases growth forecast for Latin America by 1.9 %
The International Monetary Fund (IMF) expects the Latin American economy to grow by 1.9% in 2023, which represents an improvement of three tenths compared to the latest projections of the organization published last April.
This upward…