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Displaying items by tag: International Monetary Fund
Commodity price volatility slows growth
According to the International Monetary Fund (IMF), in recent years, food and energy prices have risen to near-record highs in the context of the pandemic and war in Ukraine, which have led to major supply disruptions.
As interest rates rise, housing costs soar
According to the International Monetary Fund (IMF), these price changes highlight that housing markets are adjusting to rising interest rates imposed by central banks in an attempt to contain inflation. Interest rates on housing loans had been on a downward trend, but with the recent interest rate hikes, an upward trend is expected.
Treasury presented two initiatives to advance payment of bond debt in january 2023
The President of the Republic Nayib Bukele, informed through his Twitter account that this day they sent 2 bills to the Legislative Assembly to secure funds and make a transparent, public and voluntary purchase offer to all bondholders of salvadoran sovereign debt from 2023 to 2025, at the market price at the time of each transaction.
Bitcoin bonds to be issued in the first 15 days of march: Alejandro Zelaya
The minister of Finance, Alejandro Zelaya, said in a morning interview that in the first 15 days of march 2022, the institution is scheduled to finish everything necessary for it to start issuing Bitcoin bonds.
ASI expects economic and regulatory growth in 2022 to be 4.2%.
The Asociación Salvadoreña de Industriales (ASI), presented the fourth quarterly report of economic and regulatory performance of 2021, indicated that growth will be 4.2% for the current year 2022.
China's rebalancing for Latin America expected to be positive
According to the International Monetary Fund (IMF), economic ties between China and Latin America have grown sharply over the past 20 years. China has become a major partner of the region, with increasing imports of raw materials and exports of manufactured goods. On the investment side, China has emerged as a source of capital for Latin America; Chinese investment is expanding rapidly from natural resources to other sectors.
IMF supports 29 poorest and most vulnerable countries with US$117 million
In this context, support from the International Monetary Fund (IMF) has been a critical factor in saving lives and livelihoods. In response to the crisis, the IMF has provided US$117 million in new financing and debt service relief to 85 countries around the world.