IMF and World Bank Annual Meetings in Marrakech: Morocco’s Remarkable Recovery and Tourism Success

2023-10-13 16:13:42 A few weeks after the devastating Al-Haouz earthquake, Morocco hosted the annual meetings of the IMF and the World Bank in Marrakech. Opportunity for its authorities to congratulate themselves on good figures in the tourism sector. ADVERTISEMENT The annual meetings of the International Monetary Fund and the World Bank are being held in … Read more

For a former member of the IMF, “the dollar is not the best currency for Argentina”

2023-08-22 19:23:59 Alejandro Werner, former director of the Western Hemisphere Department of the International Monetary Fund (IMF), assured that “the dollar is not the best currency for Argentina.” The Mexican, son of Cordoba, remarked that the idea of ​​dollarization is not the best in the current context of the Argentine economy. “From the point of … Read more

Lebanese Currency Reserves and Financial Crisis: Insights from Banque du Liban’s Interim Governor

2023-08-17 12:46:28 The interim governor of the Banque du Liban (BDL), Wassim Mansouri, published in a press release on Thursday the details of the currency reserves held by the institution when he took office on July 31, as well as the immediate commitments due. on this same date. The former First Vice-Governor recently replaced Governor … Read more

seeks the IMF to increase disbursements for Argentina to US$ 10.5 billion

2023-08-15 22:58:55 Economy Minister Sergio Massa will travel to Washington next week to hold meetings with authorities from the International Monetary Fund (IMF) and negotiate an extension of disbursements, according to sources from the economic portfolio. A spokesman for the Palacio de Hacienda confirmed the trip to the Télam agency, and anticipated that Argentina “seeks … Read more

The IMF cooled the possibility of an early agreement with Argentina

2023-07-13 15:54:06 The International Monetary Fund (IMF) cooled this Thursday the possibility of a quick agreement for the reformulation of the program with Argentina and reiterated that virtual talks are being held in pursuit of understanding. On another note, the agency denied the report indicating that China – a member of the Board of Directors … Read more

Rescuing Pakistan’s Economy: The 3 Billion Dollar IMF Loan and the Debt Crisis

2023-07-12 15:44:36 Pakistani Prime Minister Shehbaz Sharif with IMF Managing Director Kristalina Georgieva in Paris on June 22. He had then pleaded the cause of his country. PRESS INFORMATION DEPARTMENT/via REUTERS The loan of 3 billion dollars prevents the country from bankruptcy but does not solve the crisis of over-indebtedness. In Delhi Islamabad had been … Read more

Negotiations with the IMF: Unlocking the New Agreement and Reformulating Guidelines

2023-07-03 15:21:54 After making the payment of US$2.7 billion to the International Monetary Fund (IMF), the Government begins a key stage for negotiations with the organization. The truth is that now the details must be defined to close the fifth revision of the agreement and enable the new conditions of the program. This instance, official … Read more

IMF Grants $3 Billion in Aid to Crisis-Stricken Pakistan: Bringing Economic Stability and Growth

2023-07-01 08:45:00 IMF grants $3 billion in aid to crisis-stricken Pakistan The International Monetary Fund (IMF) concluded an agreement, this Friday, June 30, with Pakistan to grant it a loan facility of 3 billion USD. The Asian country is indeed experiencing serious financial difficulties. He asked for help from the IMF to avoid a default … Read more