The International Monetary Fund (IMF) has given the green light to two disbursements of 275 million dollars (251 million euros) and 246 million dollars (224 million euros) for Costa Rica, which raises the figure to 521 million dollars (476 million euros).
These loans correspond to the Expanded…
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IMF
The IMF highlighted the advances in digital adoption in Latin America
The most recent report published on the International Monetary Fund (IMF) portal highlights the advances in digital adoption in Latin America and emphasizes the need to improve the regulation of cryptocurrencies.
The IMF recognizes the…
IMF urges crypto regulation but warns against outright ban
The International Monetary Fund (IMF) reiterated its call for the regulation of cryptocurrencies in certain countries, but stressed that an outright ban may not be the best strategy.
In a June 22 report on Latin America and the Caribbean,…
IMF on alert for the “shock” of artificial intelligence
The introduction of Artificial Intelligence (AI) may represent an "unprecedented shock" in labor markets, as warned by the first deputy director general of the International Monetary Fund (IMF), Gita Gopinath, for whom there are no…
The UK will no longer fall into recession this year
The UK economy, the second largest in Europe, will avoid going into recession this year, according to new forecasts from the International Monetary Fund (IMF), which now anticipates a GDP expansion of 0.4 %, compared to a contraction of…
Cristina Fernández denounced Macri’s agreement with the IMF
The vice president of Argentina, Cristina Fernández de Kirchner, denounced that the agreement reached between former Argentine president Mauricio Macri and the International Monetary Fund (IMF) in 2018 was "scandalous" and "a scam against…
The IMF supports Brazil’s tax reform
The International Monetary Fund (IMF) stated that it "firmly" supports the commitment of the Lula da Silva government to improve Brazil's fiscal position, while encouraging the country to continue promoting its "ambitious" agenda to achieve…
Argentine government will meet with CAF and IMF
The Minister of Economy of Argentina, Sergio Massa, and several members of the department he heads will hold meetings this Thursday with the CAF and the IMF in Uruguay and Washington, respectively, to improve the situation of the lack of…
Biden and Petro met at the White House
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…
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…