Muscat: The IMF estimates that the country’s gross domestic product (GDP) will rise to 4.3 percent this year. The main reason behind the increase in GDP is the increased production of petroleum products and the discovery of non-oil sources of income. According to a statement released by the IMF, Oman’s GDP for 2020 was down. … Read more
The IMF warned in its latest major global economic outlook report. Inflationary pressure leading to interest rate hikes Mixed plant energy and food price crisis It is causing the global economy to enter a recession and threatens financial market stability. Countries representing one-third of global output could fall into this situation next year. The world’s … Read more
The International Monetary Fund (IMF) has offered aid to Sri Lanka, which is suffering from economic crisis and political uncertainty. After talks in Colombo, the IMF decided to provide a $2.9 billion ($2.9 billion) loan to the island nation. Sri Lanka has a total foreign debt of $51 billion. It is believed that the IMF … Read more
Jerome Powell The Fed chair will deliver a well-received speech in Jackson Hole on Friday. (Foto: Bloomberg) New York, Frankfurt Rarely have the expectations of the leading monetary politicians been as high as this year. At the weekend, central bankers and economists from all over the world meet in Jackson Hole, high up in the mountains … Read more
The Dow Jones Index continues to decline. Most recently, it has dropped more than 200 points, affected by Walmart’s cut in its earnings forecast for this year. In addition, investors are worried about the recession. After the International Monetary Fund (IMF) announced a reduction in global economic growth forecasts. At 10:56 p.m. Thai time, the … Read more
The Dow fell more than 100 points today, hurt by Walmart lowering its earnings forecast for this year. In addition, investors are worried about the recession. After the International Monetary Fund (IMF) announced a reduction in global economic growth forecasts. At 9:02 pm Thai time, the Dow Jones Industrial Average stood at 31,863.31 points, minus … Read more
The Ukrainian War continues and does not seem to end anytime soon. Now, the effect is gradually becoming evident, whether it is higher energy prices or commodities. Recently, the International Monetary Fund (IMF) issued a warning that The global economy is at serious risk. And many regions of the world may face the effects of … Read more
On April 19, the International Monetary Fund (IMF) has “sufficient guarantees” that talks with Sri Lanka over lending programs are in the early stages and that any agreement can make the country’s debt sustainable. He acknowledged that it would be necessary. The photo is the IMF logo. Taken in Washington, September 2018 (2022 Archyde.com / … Read more