“IMF Urges Central Banks to Tighten Monetary Policy to Combat Inflation: Insights from Gita Gopinath”

2023-05-17 13:35:00 International Monetary Fund (IMF) chief deputy managing director Gita Gopinath on Monday urged central banks to keep monetary policy tight, saying there was a high risk of inflation remaining high or accelerating in many emerging markets. FILE PHOTO: April 14, 2023. REUTERS/Elizabeth Frantz [ワシントン 17日 ロイター] – International Monetary Fund (IMF) chief deputy … Read more

Debt payments put pressure on the foreign exchange reserves of three Arab countries

2023-05-15 16:41:34 The foreign exchange reserves of three Arab countries face more risks, especially during the next two years, which exposes them to liquidity risks amid tighter global financial conditions. Moody’s credit rating agency data shows that Bahrain is one of the countries most on its list of frontier markets facing pressure on its foreign … Read more

Sri Lanka defends deal with Chinese company to send 100,000 monkeys to zoos

2023-04-20 23:55:00 JN/Branches Today at 00:55 The Government of Sri Lanka this Thursday defended an agreement with a Chinese company to send 100,000 monkeys of an endangered species, but considered harmful to agricultural crops, which will be displayed in zoos. “A Chinese company has placed an order to display them in zoos,” said Secretary of … Read more

Bank of Japan’s long-term interest rate target, room for fine adjustment within the year = IMF | Reuters

2023-04-16 07:27:00 Ranil Salgado, director of the International Monetary Fund (IMF)’s review of Japan, said on the 15th that the Bank of Japan’s Yield Curve Control (YCC) is expected to lead to a sustained rise in domestic wages. said there may be room to tweak the long-term interest rate target later this year. Pictured is … Read more

India’s real GDP projected to grow by 9.1% in 2021-22: Ministry Of Finance

As per the latest estimates of National Income released by National Statistical Office, Ministry of Statistics and Programme Implementation (MoSPI), real GDP is projected to grow by 9.1 per cent in 2021-22 (1st RE) and 7 per cent in 2022-23 (2nd AE). This was stated by the Union Minister of State for Finance Shri Pankaj … Read more

world bank: World Bank promises ‘concessionality’ in debt restructuring

The World Bank will “provide as much concessionality to the debt treatment” for distressed economies as possible, its president told a meeting with the International Monetary Fund, India and other creditor nations on Saturday. “The World Bank is committed to providing net positive flows in a way that maximizes concessionality in the restructuring process,” David … Read more