The International Monetary Fund (IMF) expressed its support for a reform of the fiscal rules of the European Union that contributes to reducing their complexity and overlap with national regulations, thus facilitating compliance with them.
"We have promoted a reform of the EU fiscal rules because…
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IMF
Economic growth in Latin America will be 6.3 %
The International Monetary Fund (IMF) published the new estimates on economic growth for Latin America in 2021, raising them to “6.3 %, that is, half a point above its July forecast, thanks mainly to the good development of the raw material…
IMF proposes global standards for CBDC
The International Monetary Fund (IMF) recently published a series of regulations that are aimed at emerging markets and developing economies in terms of cryptocurrency adoption.
The IMF believes in the potential of digital assets as a tool…
IMF appoints Brazilian Illan Goldfajn as director of the Western Hemisphere
The International Monetary Fund (IMF) announced that Illan Goldfajn will assume the position of director for the Western Hemisphere department from January 2022. He will replace Alejandro Werner, who retired last August after eight years in…
IMF proposes to do a surveillance against cryptocurrencies
The International Monetary Fund (IMF) called for intensifying supervision over digital currencies in order to create a "comprehensive and far-reaching transition" to a digitized economy.
"Rapid technological innovation is ushering in a new…
IMF will maintain 6 % global growth forecast for 2021
Kristalina Georgieva, director of the IMF, stressed that the institution will maintain the precision of global economic growth for 2021 at 6 %, However, she considers it necessary to increase the vaccination process to be able to underpin…
IMF will meet with authorities of El Salvador
The International Monetary Fund (IMF) announced that it will hold a meeting with the authorities of El Salvador to discuss the new economic policy, which would accept bitcoin as legal tender.
According to the IMF spokesman, Gerry Rice,…
IMF launches global vaccination proposal
The International Monetary Fund (IMF) prepared a proposal that consists of having 50,000 million dollars to apply a mass vaccination plan against Covid-19 for the world.
The organism's goal is to have 40 % of the world's population…
IMF allocation to Honduras will increase
The International Monetary Fund (IMF) and Honduras reached an agreement at a technical level on the fourth review of the Economic Program under the Credit Facility Agreement (Stand-By), by which it will be proposed to increase the level of…
World Bank warns about negative impact of high taxes
The president of the World Bank, David Malpass, warned of the negative implications for emerging and developing economies of setting an excessively high minimum corporate tax at the international level, such as the 21 % raised by the United…
IMF announces debt relief for several countries
This week, the International Monetary Fund (IMF) announced the extension of debt relief to more than 28 countries in a terrible economic situation, and that have also been severely affected by the coronavirus.
Initially, the Trust for…
President of Argentina asks for more time to pay the debt
The president of Argentina, Alberto Fernández, asked the International Monetary Fund (IMF) for an extension of the term to pay the debt after agreeing with the vice president, Cristina Fernández, that currently the debt is "unpayable ".…