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.”…
Read More...
Browsing Tag
International Monetary Fund
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…
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…
Milei’s dollarization proposal in Argentina to be evaluated
Argentina is preparing for significant change with the inauguration of Javier Milei as president, whose liberal proposals have resonated positively with the International Monetary Fund (IMF) and among investors. However, the not ruled out…
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…
IMF urges strict regulations for cryptocurrencies
The International Monetary Fund (IMF) issued a call to States not to grant cryptocurrencies the status of official currency or legal tender, emphasizing the need to establish stricter regulations.
In a recent report, the IMF highlighted…
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 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…
IMF: Banking crisis impacts global financial stability
The president of the International Monetary Fund, Kristalina Georgieva, warned this weekend about the implications of the recent banking crisis on global financial stability.
During her intervention at the China Development Forum, in…
IMF: Venezuelan economy will be saved from the slowdown
According to the most recent Economic Outlook report of the International Monetary Fund (IMF), Venezuela will show the second-highest economic growth in Latin America in 2022 and the best performance in the region in 2023.
For the…
The IMF calls for no increase in public spending
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, considered it incorrect to increase public spending to deal with inflation, for which she invited countries to take measures to support the most…
IMF assures that Bitcoin will not affect economic stability
The International Monetary Fund (IMF) assured that, despite the fact that the cryptocurrency market has been in a downtrend, this will not directly affect global financial stability.
In a report prepared days ago, the IMF indicated that…