Displaying items by tag: IMF
IMF recommends redoubling efforts to address salvadoran financing constraints
The International Monetary Fund (IMF) recommends that, starting this year, it is necessary to redouble efforts to develop a balanced and well-articulated set of measures to support consolidation.
El Salvador's GDP will grow 1.7% in 2023 and 1.5% in 2024: IMF
The International Monetary Fund (IMF), explained that Latin American economies held up well last year despite shocks stemming from the Russian invasion of Ukraine and global interest rate hikes.
IMF projects global GDP to decline 2.9% in 2023 and 3.1% in 2024
According to the International Monetary Fund (IMF) the forecast for 2023 is 0.2 percentage points higher than projected in the october 2022 edition of the World Economic Outlook (WEO report), but lower than the historical average (2000-19) of 3.8%.
World economic growth to slow from 3.2% to 2.7% in 2023
The International Monetary Fund's (IMF) "World Economic Outlook" report, released last week, forecasts that global economic growth will slow from 3.2% this year to 2.7% next year.
What is the problem with remittances? The average cost of a transfer is 6.3%.
In a conference given by the Managing director of the International Monetary Fund (IMF) Kristalina Georgieva, she pointed out that the current problem with remittances is that they have an average transfer cost of 6.3%.
Emerging market banks' public debt poses financial risks
According to the International Monetary Fund (IMF), governments around the world have made extraordinary expenditures to help households and employers cope with the economic effects of the pandemic.
IMF says value chains must increase their economic resilience
The International Monetary Fund (IMF), says that while there has been an adjustment in international value chains, some sectors, such as the automotive industry, have suffered significant supply shocks, a sign that they need to increase their resilience.
IFR and IMF to provide financial assistance to countries in need of a currency balance
The Instrumento de Financiamiento Rápido (IFR) will provide rapid, limited-access financial assistance to member countries facing an urgent balance of payments need, without the need for an actual program. It can provide support for a wide range of urgent needs, such as those arising from commodity price shocks, natural disasters, conflict and post-conflict situations, and emergencies due to fragile situations.
IMF offers financing to pay US$800 million maturity of the 2023 bond
The Minister of Finance, Alejandro Zelaya, said in a morning interview that several multilateral organizations including the International Monetary Fund (IMF), have offered the Central Government funds to finance the US$800 million maturity of the 2023 bond.
Country risk increased 15.71% in january 2022 according to UFG report
According to a report prepared by the Universidad Francisco Gavidia (UFG), El Salvador's Emerging Markets Bond Indicator (EMBI) after falling to 5.38 in April 2021, rose to 15.71 in january 2022 (+1,033 basis points in 9 months), in view of changes in the Corte Suprema de Justicia (CSJ), Fiscalía General de la República (FGR), the announcement of free circulation of Bitcoin and uncertainty in the negotiation the International Monetary Fund (IMF).