The evolution of the relationship between Costa Rica and the International Monetary Fund is believed to be the main reason for the closure of the agency's office in that country.
Speculation regarding the closure of the facilities has not been long in coming. However, the IMF has noted that this…
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International Monetary Fund
IMF expresses concern over Pakistan’s Bitcoin reserve
Pakistan recently allocated 2,000 megawatts to bitcoin mining and AI centers. The move, which was not discussed with the International Monetary Fund, has raised concerns.
The country announced plans to create its first government reserve…
Spain will experience accelerated economic growth until 2030
The International Monetary Fund's economic growth forecasts for Spain are expected to be higher than those for the Eurozone until 2030, thanks to positive deficit and debt forecasts.
In its World Economic Outlook report, the IMF predicts…
IMF cuts GDP growth projection for Latin America and the Caribbean
The International Monetary Fund estimated a slowdown in GDP growth for Latin America and the Caribbean in 2025, according to the organization in its World Economic Outlook report, released last week.
This cut is primarily due to a 0.3 %…
The IMF predicts economic growth in Latin America at 2.5 %
The International Monetary Fund predicts that global economic growth could reach 3.3 % this year. In the case of Latin America and the Caribbean, it would be 2.5 %.
The forecasts of the international organization are moderate, since it…
German economy enters a possible third year of recession
The German economy experienced its second consecutive year of economic recession in 2024, marked mainly by the crisis of the industrial sector and the export model.
A few weeks before the legislative elections, scheduled for February 23,…
El Salvador abandons Bitcoin and returns to an economy based on the US dollar
The president of El Salvador, Nayib Bukele, announced at the end of last December the end of the use of Bitcoin as official currency. The measure was imposed by the International Monetary Fund after reaching an agreement to grant the…
IMF maintains growth forecast for Venezuela in 2025
In its World Economic Outlook report, the International Monetary Fund maintains Venezuela's economic growth projection for 2025 at 3 %.
Although the organization has lowered estimates of growth in the Gross Domestic Product at the end of…
IMF urged governments in Latin America and the Caribbean to implement reforms for growth
Growth in the region made up of Latin America and the Caribbean is a priority for the International Monetary Fund. For this reason, it has urged governments to allocate the necessary resources to face current economic, fiscal and social…
IMF forecasts a decline in global inflation in the medium term
The International Monetary Fund predicts a progressive decline in global inflation and economic growth in the medium term, beyond differences between countries in fiscal, economic, and investment matters, as well as policies to generate…
IMF asks to increase electricity rates for Bitcoin mining by 85 %
Given the high energy consumption of Bitcoin mining, in addition to the generation of carbon emissions into the environment, the International Monetary Fund has proposed an increase in electricity rates by 85 %.
The organization, through a…
IMF foresees a slowdown in global inflation in 2024
The International Monetary Fund recently indicated in a report that it foresees a reduction in global inflation this year of 5.9 %.
According to Pierre-Olivier Gourinchas, economic advisor and director of the IMF Research Department, this…