(PLO)- In its World Economic Outlook released earlier this week, the International Monetary Fund (IMF) revised up its forecast for Russia’s economic growth. Specifically, Russia’s GDP growth is predicted by the IMF to increase by 0.3% this year and 2.1% in 2024, according to the news agency. RT. In October 2022, the IMF predicted that … Read more
The International Monetary Fund (IMF) has asked Pakistan to cut defense spending to revive a stalled loan program. Important changes, including a reduction in defense pensions, have been proposed by IMF representatives currently in Pakistan. The annual pension cost of defense sector personnel is over Rs 400 billion. It was shown as civil expenditure in … Read more
Euro symbol in front of the European Central Bank (ECB) headquarters in Frankfurt am Main, Germany. (Photo: AFP/VNA) Eurostat statistics agency of the European Union (EU) on January 31 published official figures showing that the economy of the euro area uses the common currency (European currency).Eurozone) avoided a downturn this winter, after recording 0.1% growth … Read more
Inflation in India is expected to come down from 6.8 percent in the current fiscal year ending March 31 to 5 percent the next fiscal, and then drop further to 4 percent in 2024, the International Monetary Fund (IMF) said on Tuesday. “Inflation in India as in other countries is expected to come down from … Read more
IMF logo in Washington, DC, USA. (Photo: AFP/VNA) The International Monetary Fund (IMF) on January 31 revised down its forecast for global economic growth in 2023 by slightly increasing its forecast for global economic growth due to a “surprising recovery” in demand in the US and Europe, costs reduced energy and economy China reopens following … Read more
The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 percent from 6.8 percent during the current fiscal ending March 31. The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global … Read more