Foreign currency withdrawals made by the government to pay some of its offshore debts trimmed the Philippines’ international ...
The gross international reserves (GIR) of the Philippines settled at $112.43 billion as of end-October 2024 from the end-September 2024 level of $112.71 ...
The Philippine economy slowed down to 5.2 percent in the third quarter of 2024 but remains one of the fastest-growing ...
The International Monetary Fund raised its economic growth forecast for sub-Saharan Africa next year to the highest since 2021, while warning that factors including social unrest create elevated ...
The IMF ranked Russia as the world’s fourth-largest economy ... smaller than some nations with lower GDP but larger populations, like Bangladesh and the Philippines. In short, it’s a new lineup in ...
IMF Chief Seeks More Details On BRICS Payments System Plans The meeting of the BRICS -- meaning Brazil, Russia, India, China and South Africa -- took place in the Russian city of Kazan at the same ...
THE International Monetary Fund welcomes the Bank of Japan’s decision to raise interest rates in July, but further hikes should proceed at a gradual pace, a senior IMF official said on Thursday (Oct ...
The IMF forecasts that the global economy will expand this year ... REGIONAL COMPETITION: Over the past few years the Philippines has lost ground to neighbors such as Vietnam, Indonesia and Malaysia, ...
While new forecasts from the International Monetary Fund came with the usual recommendation to crack down on debt and tut-tutting on the ills of protectionism, what really stands out is good ...
“These are anxious times,’’ the fund’s managing director, Kristalina Georgieva, told reporters during the fall meetings of the IMF and its sister agency, the World Bank. READ ...
WASHINGTON, Oct 24 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that the world is in danger of becoming mired in a low-growth, high-debt path ...
IMF Chief Says World Economy at Risk of Low-Growth Malaise, Rising Dissatisfaction By David Lawder WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva warned ...