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 uncertainty due to the war between Russia and Ukraine.
According…
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IMF asks central banks to deal with inflation
The managing director of the International Monetary Fund (IMF) asked the central banks to adopt "decisive actions" for the benefit of the economies of their countries in the current inflationary context, aggravated by the war situation in…
Colombian economy will grow 6 % in 2022
International organizations such as the World Bank and the International Monetary Fund published their estimates of economic growth for Latin American countries, where Colombia stands out with growth in the order of between 4 % and 6 % by…
IMF warns of increased use of cryptocurrencies in Russia
The International Monetary Fund (IMF) warned about the increase in the use of cryptocurrencies in Russia, due to the economic restrictions that have arisen due to the conflict with Ukraine.
According to the agency, the restrictions they…
FMI to decide agreement with Argentina
The Directory of the International Monetary Fund (IMF) will meet to vote if it finally gives a green light to the agreement reached with Argentina for the deployment of a program of 45,000 million dollars that would refinance the loan that…
Central Bank of Canada and MIT develop digital currency
The Central Bank of Canada announced a partnership with the Massachusetts Institute of Technology (MIT) to begin a central bank digital currency (CBDC) research and development project. The financial organization also seeks to analyze the…
Biden banned the import of Russian products
The president of the United States, Joe Biden, prohibited the import of a series of Russian products, such as cereals, vodka or caviar, and restricted trade relations with Moscow as part of a new package of sanctions in response to the…
IMF warns of possible bankruptcy of Russia
The International Monetary Fund (IMF) assured that the bankruptcy of Russia "is no longer an improbable event" as a result of the sanctions applied in recent weeks after the attacks against Ukraine.
"Russia's default is no longer an…
IMF and Costa Rica reach an agreement for support
The International Monetary Fund (IMF) reached a technical staff level agreement with Costa Rica on the necessary policies to complete the first and second reviews of the program of the Central American country supported by the multilateral…
The IMF forecasts that Peru’s economy will grow by 3 % in 2022
The International Monetary Fund (IMF) estimates that Peru's GDP will grow by 3 % in 2022, after having rebounded by 13.3 % in 2021 after the historical collapse of 11 % in 2020.
In the conclusion of Article IV on the Andean country, the…
IMF warns of uncertainty in the Spanish economy
The International Monetary Fund (IMF) warns about the uncertainty and the "highly uncertain" future of the Spanish economy due to the development of the Covid-19 pandemic, although it positively values the labor reform recently approved…
The Gross Domestic Product of Mexico grew by 5 % in 2021
The Gross Domestic Product (GDP) of Mexico experienced a growth of 5 % in 2021 compared to the previous year, according to preliminary estimates from the National Institute of Statistics and Geography (Inegi), falling below the forecasts of…