“IMF Warns of Global Economic Consequences if US Fails to Raise Debt Ceiling”

The International Monetary Fund (IMF) said on the 11th that if the United States fails to raise the federal debt ceiling and defaults, it will be “very serious” not only for the U.S. economy but also for the global economy, such as rising borrowing costs. influence,” he said. Photographed in September 2018 (2023 REUTERS/Yuri Gripas) … Read more

“Deputy Prime Minister of Lebanese caretaker government anticipates reforms to start soon”

His Excellency Al-Shami, Deputy Prime Minister of the Lebanese caretaker government, expected that the wheel of reforms in the country would start turning within weeks or months at the latest. He said in an interview with “East Economy” on the sidelines of the spring meetings of the International Monetary Fund and the World Bank in … Read more

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

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 Kazuo Ueda, … Read more

Indonesia’s finance minister, Sri Mulyani Indrawati, remains optimistic about the country’s economic growth, despite a decline in exports.

Indonesia’s Finance Minister, Sri Mulyani Indrawati, is optimistic that the country will maintain economic growth of around 5%, despite a downturn in exports. Speaking to Bloomberg News, Indrawati said that she anticipates that government stimulus measures, as well as the country’s vibrant domestic economy, will be sufficient to maintain growth. Indonesia has seen its economy grow … Read more

IMF warns of “entering a perilous phase” for global economy with inflation set to fall more slowly than expected

The global economy is facing a perilous phase as inflation becomes “much stickier,” warns the International Monetary Fund (IMF). With inflation rates picking up all over the world, the IMF is warning that the world’s economies are in danger of overheating. This marks a stark warning from the IMF, which has expressed growing concern about … Read more

Tunisian Leader Refuses IMF’s Full Control in Financial Aid Allocation

Tunisian President Saeed (pictured) said on May 6 that he would not comply with the International Monetary Fund’s “absolute orders”, rejecting the terms of the IMF’s financial assistance. February 2020 representative photo taken in Tunis (2023 REUTERS) TUNIS (Reuters) – Tunisian President Saeed said on Thursday he would not comply with the International Monetary Fund’s … Read more

Today’s Dollar Prices in Egypt on Wednesday, May 4th, 2023.

dollar prices.. The price of the dollar during official dealings today, Wednesday 4-5-2023, in the National Bank of Egypt, recorded 30.75 pounds for purchase and 30.85 pounds for sale. The price of the dollar today, in Banque Misr, recorded 30.75 pounds for purchase, and the selling price reached 30.85 pounds, and the price of 30.85 … Read more

Georgieva: The UAE brings us together to move forward together

Kristalina Georgieva, Managing Director of the International Monetary Fund, said that the UAE has always reminded us that if we want to progress, we have to come together.And she added in a tweet after her participation in the World Government Summit: “Thank you, the UAE, for bringing us together every year at the World Government … Read more

Next week’s G20 Finance Ministers’ Meeting to discuss developing country debt and crypto asset regulations | Reuters

On February 16, at the G20 finance ministers and central bank governors meeting held from 22nd to 25th in Nandi Hills near Bengaluru in southern India, debt problems in developing countries and crypto-asset (virtual currency) regulations will be discussed. , the slowdown of the global economy is expected to become an issue. The photo shows … Read more

Reuters: The Egyptian economy is growing faster than expected and the dollar will decline in June

A Reuters poll showed that the Egyptian economy will grow by 4.8% in the current fiscal year, faster than the government expected. These expectations come from the US agency following the approval last month of a $3 billion package of International Monetary Fund After the war in Ukraine hit tourism, it raised commodity prices and … Read more