Did the IMF ask for a “new float” of the exchange rate?.. “The budget

Did the IMF ask for a “new float” of the exchange rate?.. “The budget

11:20 a.m Tuesday, 06 August 2024 Dalia Al-Dhanini wrote: Dr. Fakhri Al-Feki, Chairman of the Plan and Budget Committee in the House of Representatives, said that everyone expected the US Federal Reserve to cut interest rates last week, but it did not. this happened, which contributed to the current crisis in the global financial markets, … Read more

Fiscal coverage essential to mitigate results of AI: IMF

Fiscal coverage essential to mitigate results of AI: IMF

Mexico Metropolis. Synthetic intelligence (AI) is seen as a double-edged sword. It has the potential to spice up productiveness and enhance the supply of public companies, whereas “resulting in larger earnings inequality and focus of wealth,” warns the Worldwide Financial Fund (IMF). Therefore the necessity for a fiscal coverage that promotes a extra equitable distribution … Read more

IMF calls on the US and China to resolve their commerce variations

IMF calls on the US and China to resolve their commerce variations

Washington. The US can be higher off holding its buying and selling system open slightly than imposing new punitive tariffs on Chinese language items, the Worldwide Financial Fund (IMF) mentioned on Thursday, including that Washington and Beijing ought to work collectively to resolve the commerce pressure. IMF spokesperson Julie Kozack famous in a daily briefing … Read more

The IMF calls for controlling public spending – 2024-04-22 20:05:50

The IMF calls for controlling public spending
 – 2024-04-22 20:05:50

FMI. He International Monetary Fund (IMF) This Wednesday he called on governments to control public spending to preserve the soundness of finances and not to follow a trend that usually occurs in election years: spend more and tax less. “History and empirical evidence show that governments tend to spend more and tax less during election … Read more

High US demand drives growth: Gita Gopinath

High US demand drives growth: Gita Gopinath

Washington. The United States needs to increase its revenues to reduce its high budget deficits, even though they help boost global growth by stimulating US domestic demand, said Gita Gopinath, first deputy managing director of the International Monetary Fund (IMF), on Saturday. Gopinath noted that deficits in the United States – the largest global economy … Read more

Oil Prices React to Israeli Strikes as Iranian Media Downplays Impact

Oil Prices React to Israeli Strikes as Iranian Media Downplays Impact

Latest Developments in Middle East – Top News Oil Prices Experience Volatility After Israeli Strikes Overnight Market Turbulence Global oil prices have witnessed a rollercoaster ride in recent hours, fluctuating in response to reports of Israeli strikes on Iranian targets. After an initial sharp rise, oil prices have since eased slightly following mixed reports on … Read more

Kristalina Georgieva, the only candidate for her succession at the IMF

Kristalina Georgieva, the only candidate for her succession at the IMF

Mexico City. Kristalina Georgieva, current managing director of the International Monetary Fund, was nominated as the sole candidate to take over the position, a designation process that would have to be completed no later than this month, the organization reported. “The deadline to submit candidates for the position of next managing director closed on Wednesday, … Read more

Kasikorn Bank Predicts Baht Movement and Factors to Watch Next Week

Kasikorn Bank Predicts Baht Movement and Factors to Watch Next Week

Kasikorn Bank (KBANK) views the movement of the baht next week (17-19 April) at the level of 36.20-36.80 baht/dollar, while the Kasikorn Research Center Evaluate important factors that need to be followed, including the direction of foreign capital. Gold price situation in the world market and the World Economic Outlook Report of the International Monetary … Read more

Kasikorn Bank Predicts Baht Movement Next Week: Factors to Watch for include Gold Prices and IMF Report, US Economic Figures, and Inflation Data

Kasikorn Bank Predicts Baht Movement Next Week: Factors to Watch for include Gold Prices and IMF Report, US Economic Figures, and Inflation Data

Kasikorn Bank (KBANK) views the movement of the baht next week (17-19 April) at the level of 36.20-36.80 baht/dollar, while the Kasikorn Research Center Evaluate important factors that need to be followed, including the direction of foreign capital. Gold price situation in the world market and the World Economic Outlook Report of the International Monetary … Read more

IMF Announces Review Date for Egypt’s Economic Program and $820 Million Tranche

IMF Announces Review Date for Egypt’s Economic Program and 0 Million Tranche

Written by – Ahmed Yaqoub Monday, April 1, 2024 02:21 PM said Ivana Vladkova Holer, Head of Mission International Monetary Fund To Egypt, in response to “The Seventh Day” questions, the date for the new review of Egypt’s economic program, which is the third review, will take place 3 months from now, that is, during … Read more