Tag: fund imf
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New Tanzanian shillings 41 trillion budget focuses on strategic projects
By Jacob Mosenda By Gadiosa Lamtey Dar es Salaam. Yesterday the government explained the factors behind the 8.1% increase in the budget for the 2022/23 financial ... -
IMF warns eNaira could be used for money laundering and terrorist financing – Blueprint Newspapers Limited
The International Monetary Fund (IMF) is warning Nigeria that eNaira could be compromised by fraudsters and used for money laundering and terrorist financing. The International Monetary ... -
Why Nigerians Should Prepare for More Hardship — Obadiah Tohomdet
Obadiah Tohomdet, former Senior Communications Specialist at the World Bank and Managing Director of SIMANS Strategic Communications Ltd, Abuja, spoke with JOSEPH INOKOTONG on a wide ... -
The IMF in “online talks” with Tunisia for the necessary reforms – Economy
(ANSAmed) – TUNIS, FEB 18 – Tunisia has started preliminary discussions for possible talks with the International Monetary Fund (IMF) in hopes of obtaining several billion ... -
Ruling elite celebrate UK economy ‘rebound’ at workers’ expense
The UK economy grew by 7.5% in 2021, after suffering a weaker than expected hit in December when the Conservative government was forced to implement some ... -
Week in Lithuania: Covid-19 cases hit record highs, Lithuania blacklists Russian singers, IMF advises on taxes – Baltic News Network
The main news in Lithuania last week was an increase in new Covid-19 cases, the establishment of a Latvian subsidiary of Lithuanian energy company Ignitis Renewables ... -
How to become a major trader
Bark Tae-hoThe author is president of the Lee & Ko Global Commerce Institute and former Minister of Commerce. The cross-border movement of data has become as ... -
Government aware of inflation rate and taking steps to reduce it: Qureshi
The government “is aware of the inflation rate” and “is taking steps to reduce it”, says Shah Mahmood Qureshi. Pakistan’s enemies “want instability and chaos, but ... -
Humanitarian warmongers mock US sanctions killing Afghans
With the Taliban in power, Afghanistan and its people are in the midst of a historic global humanitarian catastrophe that may not even have reached its ... -
Pakistani central bank subordinated to the IMF: the head of Jamaat-e-Islami
New Delhi: Sirajul Haq, head of Jamaat-e-Islami (JI), announced an anti-government movement, claiming that the State Bank of Pakistan (SBP) is no longer under his control, ... -
Global Bars and Cafes Market Report 2022
New York, December 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Bars And Cafes Global Market Report 2022” – https://www.reportlinker.com/p06193678/?utm_source=GNW And Norwegian ... -
Economy exceeds expectations despite upheaval
The year 2021 can be seen as another momentous year in the Nigerian financial industry. Recovering from the after-effects and fears of recurring waves of the ... -
former president of the Central Bank of Argentina – CVBJ
Highlights: If he had known the future, he would have bought BTC with central bank reserves, Sandleris said. Sandleris was President of the Central Bank of ... -
inflation in exchange for borrowing – Middle East Monitor
Abdel Fattah El-Sisi received the Human Development Report in Egypt for the year 2021 in mid-September, and the Egyptian political system celebrated the report, which was ... -
The IMF lost a bet: why repay them?
This article originally appeared in Spanish on Revista Mugica. Translation by Néstor David Pasteur. WEconomists tend to view neoliberalism as a set of economic policies, the ... -
bne IntelliNews – National Report on Georgia Dec21
Georgia’s economy remained stable at 6.9% in October, the same level as in September, according to preliminary data released by the statistics office Geostat. For the ... -
Punjab governor criticizes Pakistan-IMF deal
LONDON: Punjab Governor Chaudhry Sarwar on Wednesday criticized the deal the Pakistani government signed with the International Monetary Fund (IMF), saying the money lender demanded everything ... -
Does the Glasgow Pact provide us with climate finance?
The Glasgow Pact demanded that the $ 100 billion a year that was pledged in 2009 but has yet to be delivered should materialize by 2023. ... -
IMF staff complete 2021 Article IV mission in Kosovo
End-of-mission press releases include statements from IMF staff teams conveying preliminary findings after a country visit. The views expressed in this statement are those of the ... -
Lower exchange rates: stop spending cuts and not withdraw money from commercial banks
Again, money exchangers give LD154 for $ 1, even if less than 60 days ago they gave LD170 for $ 1. In August of this year, ... -
Daesh’s terror in Afghanistan: a divide and conquer operation?
TEHRAN – Friday, October 15, more than 30 people were killed in a terrorist bomb attack on the Bibi Fatima mosque in Kandahar, Afghanistan. A week ... -
Crypto assets pose ‘limited’ risks to the stability of the UK financial system – Bitcoin Regulation News
The Bank of England says crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue ... -
Naira continues freefall in official markets, but CBN gets dollar firepower to defend itself before it gets worse Nigeria news
The rise in the price of oil, the success of the Eurobond, as well as the SDR credit of 3.5 billion dollars from the International Monetary ... -
What world leaders need to understand about germs in a global pandemic
The world juggled many questions as the United Nations General Assembly wrapped up its 76th annual meeting. The half-virtual, half-in-person format this year has reflected the ... -
BRI remains attractive as decarbonization push attracts attention
© Provided by Xinhua China’s recent announcement on strengthening support to other developing countries in developing green and low-carbon energy and not building new overseas coal-fired ... -
Miraziz Bazarov charged with defamation in violation of international obligations to respect the right to freedom of expression – OpEd – Eurasia Review
Miraziz Bazarov, a vocal critic of government policies and the human rights situation in Uzbekistan, has been under house arrest since April 29, 2021. On September ... -
UAE’s economic recovery to accelerate, IMF says
The UAE’s economic recovery is gaining momentum and is expected to accelerate, driven by the country’s “rapid and strong response” to the pandemic and the rapid ... -
Who is driving the parallel market rates up?
By Dr Tim Rainhard Over the past 18 months, Zimbabwe’s economy has rebounded, helped by better performance in the agriculture and mining sectors, an improvement in ... -
Romdhane named first woman Prime Minister of Tunisia by President Saied | Tunisia News
President Kais Saied appoints Najla Bouden Romdhane as new prime minister, nearly two months after taking power. Tunisian President Kais Saied has appointed Najla Bouden Romdhane, ... -
IMF says rapid spread of coronavirus from February this year set economy back
An International Monetary Fund (IMF) team led by Alasdair Scott held virtual meetings with Cambodian authorities on the 2021 Article IV consultation from September 13 to ... -
Staff completes 2021 Article IV mission to Cambodia
End-of-mission press releases include statements from IMF staff teams conveying preliminary findings after a country visit. The views expressed in this statement are those of the ... -
Balance of payments and exchange rates
Muhammad Mahmood | Posted: Sept. 25, 2021, 8:55 p.m. Behavioral links between balance of payments and exchange rates have long been recognized as early as the ... -
Inflation rises thanks to IMF program
Federal Finance Minister Shaukat Tareen said the rise in inflation due to the International Monetary Fund (IMF) program will provide direct food subsidies to the poor. ... -
Will the IMF’s $ 961 million windfall save Zim?
By Learnmore Nyamudzanga According to the International Monetary Fund (IMF), Covid-19 has caused a substantial long-term change in the global macroeconomic environment, and the pandemic has ... -
Zim fast track economy – President
Sunday mail Richard Muponde and Emmanuel Kafé Zimbabwe’s economy is arguably the fastest growing on the African continent this year due to sound policies implemented by ... -
Rupee hits nearly 11-month low against US dollar
KARACHI – The dollar rose 0.65% or Rs1.08 and hit an almost 11-month high against the Pakistani rupee in the interbank market on Wednesday. According to ... -
Historic IMF financing takes effect, $ 2.7 billion for Pakistan
WASHINGTON: The International Monetary Fund‘s (IMF) largest allocation of $ 650 billion in Special Drawing Rights (SDRs) went into effect on Monday and may also bring ... -
Lebanon struggles to form government as economic crisis rages across country – World Peace Organization
On August 16, following a nationwide fuel shortage caused by the economic crisis that has plagued the country for years, Lebanese President Michel Aoun said steps ... -
Sisi in Egypt calls for first bread price hike in decades
Egyptian bread prices have been unchanged for decades Sisi has sought to curb Egypt’s subsidy program Previous attempts at change led to deadly riots in 1977 ... -
Egypt’s proactive policies shielded economy from coronavirus repercussions: IMF – Economy – Business
Egypt has responded to the coronavirus crisis with timely and prudent fiscal monetary easing that has helped mitigate the health and social repercussions of the pandemic, ... -
Taxes not applied as they should have been: Dr Ikram ul Haq
With the federal budget for the 2021-2022 fiscal year, the Pakistani government Tehreek e Insaf (PTI) has bet the survival of the economy and its own ... -
Australia once wanted its allies to commit to full employment – what happened?
I want to tell you a quick story. This is a federal government that had to rebuild its economy after a crisis. The government knew that ... -
Insight – BlackRock CEO urges World Bank and IMF to overhaul the green era
BLACKROCK Inc CEO Larry Fink told world leaders that the World Bank and the International Monetary Fund (IMF) are obsolete and need a complete overhaul if ... -
Switzerland achieves positive results from Egypt’s economic reform program
Egyptian Finance Minister Mohamed Maait met with his Swiss counterpart Ueli Maurer to review the positive results of Egypt’s economic reform program. Maait met Maurer and ... -
From full professor at Harvard to chief economist at the IMF, Gita Gopinath’s journey to the top
The chief economist of the International Monetary Fund (IMF), Gita Gopinath, is on the list of 34 immigrants honored by the Carnegie Corporation of New York ... -
Sudan benefits from debt relief under the HIPC initiative: World Bank and IMF
The Boards of Directors of the International Development Association (IDA) of the World Bank and the International Monetary Fund (IMF) have determined that Sudan has taken ... -
Costa Rica signs $ 500 million loan with IDB –
Costa Rica on Thursday formalized two budget support loans from the Inter-American Development Bank (IDB), for an amount of $ 500 million. The first of the ... -
Ukrainian Volodymyr Zelenskyy steps up crackdown on corruption, one oligarch at a time
Ukrainian President Volodymyr Zelenskyy made headlines in Ukraine recently when he submitted a new bill to parliament that he says will target the oligarchs. It targets ... -
Entanglement of tax and non-tax revenue – Journal
Raising non-tax revenue is just as difficult as tax revenue. But then the government has to decide each year how much tax it should collect and ... -
Getting people back to work – the growth mantra India needs as 1991 big bang reforms turn 30
Illustration by Ramandeep Kaur | The imprint Text size: A- A + NOTNext week will mark three decades since the Narasimha Rao government took office and ... -
First G-7 summit since the pandemic; nations barely show unity
Leaders of industrialized countries have produced numerous photo ops against the English coastline, supplemented by walks and barbecues, but have not generated any sort of determined ... -
Caritas calls on the G7 to cancel the debt of poor countries
The Group of Seven Rich Nations of the World kicked off their three-day summit in the small village of Carbis Bay in Cornwall, UK. Global recovery ... -
Is El Salvador bitcoin a cold hug in the United States? | Crypto News
This week, El Salvador became the first country in the world to make Bitcoin legal tender, sparking a wave of speculation about how the smallest country ... -
IMF Executive Board concludes 2021 Article IV consultations with Iceland
Washington, DC: On June 4, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Iceland. Iceland entered the ... -
G7 CFOs to release common rules for state-issued digital currencies this year – Bitcoin News
G7 finance ministers and central bank governors met and agreed to work on common principles for state-backed digital currencies and publish their findings this year. They ... -
Pak Sindh government calls for action on water scarcity
Karachi [Pakistan], June 1 (ANI): Amid the water crisis in Pakistan’s Sindh province, Sindh Chairman of the Pakistan People’s Party (PPP) Nisar Ahmed Khuhro called a ... -
Conservative website says next president must tackle Iran brain drain
In an article titled “A Note to the Future President: ‘Everyone Is Gone'” published on May 27, moderate conservative website Asre Iran suggested that the next ... -
Are Special Drawing Rights on African Economies Sufficient? [Business Africa]
Africa needs $ 285 billion by 2025 to try to get its head above water. It comes as the continent’s economies struggle after being hit hard ... -
Bank of Mauritius plans to pilot CBDC in 2021
The Bank of Mauritius is targeting a year-end rollout for the island nation’s central bank digital currency (CBDC) pilot project, the central bank governor said on ... -
Ed Anderson, Chief Information Officer and Head of the Information Technology Department, leaves the IMF
Washington, DC – Mr. Ed Anderson, Chief Information Officer (CIO) and Director of the Information Technology Department (ITD) at the International Monetary Fund (IMF), informed Managing ... -
India’s covid crisis, a warning of possible events in other low- and middle-income countries
Observing that the “catastrophic” second wave of COVID-19 in India is a sign that the worst may yet be to come, the IMF said the situation ... -
Bitcoin Cultural Revolution Awakening – Bitcoin Magazine: Bitcoin News, Articles, Charts and Guides
The COVID-19 pandemic has forever changed the world and life as we know it. The restrictions imposed on society by governments, including the use of masks ... -
Congressman Barr appointed as ranking member of the finance subcommittee
WASHINGTON, DC (WTVQ) – On May 18, US Congressman Andy Barr (KY-06) was appointed a ranking member of the House Financial Services Subcommittee on National Security, ... -
Rs2trln Stimulus Boosts Pakistan Economy Targeting 6% Growth Target
Dubai: The Pakistani economy is on a solid growth path and has the potential to grow at a much higher rate over the next five years ... -
No country has ever imposed itself on prosperity
Violent protests erupted in the streets of Bogota, Cali and other cities in Colombia. The immediate cause? Proposed reforms to the South American country’s tax system ... -
UN predicts 7.5% Indian economy growth in 2021, warns situation is ‘fragile’
“Given the fluid situation, India’s growth prospects in 2021 are very fragile,” he warned. He noted that while “India has been hit particularly hard by a ... -
Pakistan proposes framework to deal with Covid shocks – Newspaper
UNITED NATIONS: Pakistan urged the international community to develop a post-pandemic development framework to recover from the shocks of the Covid-19 crisis. At the 2021 United ... -
IMF revises forecast for Indian economic output growth
On Sunday, a fruit vendor takes a nap in his handcart on the side of a road in New Delhi. France Media Agency The International Monetary ... -
IMF staff complete Article IV mission to Mauritius in 2021
IMF staff complete Article IV mission to Mauritius in 2021 May 7, 2021 End-of-mission press releases include statements from IMF teams that communicate preliminary findings after ... -
The civilized West, Pakistan and the rest
Sometimes the unsaid has to be said and said with the accent it deserves. After the rise of the so-called “western world”; the rest of the ... -
IMF urged to ease tough conditions, minister says – Newspaper
ISLAMABAD: Finance Minister Shaukat Tarin said stabilization was not more affordable for the Pakistani economy which is now expected to shift to higher growth and that ... -
T Rabi Sankar is appointed deputy governor of the RBI; to succeed BP Kanungo
Reserve Bank of India (RBI) executive director T Rabi Sankar has been appointed the central bank’s fourth deputy governor, sources said. Rabi Sankar is in charge ... -
IMF Reaches Staff-Level Agreement with Republic of Suriname on Three-Year Program of $ 690 Million Under Extended Financing Facility
April 29, 2021 End-of-mission press releases include statements from staff teams that communicate preliminary findings after a country visit. The views expressed in this statement are ... -
Covid has forced a neoliberal retreat. But state intervention is not always gradual | Laurie Macfarlane
Tthirteen years after the financial crisis brought the world economy to life, neoliberal capitalism faces an existential crisis. The Covid-19 pandemic has exposed the dire consequences ... -
When Debt Worsens Climate Change, Invest News & Top Stories
(NYTIMES) – How does a country deal with climate disasters when it is drowning in debt? Not very well, it turns out. Especially not when a ... -
Ecuadorian parliament approves controversial law now regulating “dollarization”
RIO DE JANEIRO, BRAZIL – The plenary of the National Assembly (Parliament) of Ecuador on Thursday approved with 84 votes in favor of the controversial law ... -
Emirates News Agency – UAE participates in 113th meeting of GCC Financial and Economic Cooperation Committee
ABU DHABI, April 22, 2021 (WAM) – Obaid Humaid Al Tayer, Minister of State for Financial Affairs, yesterday attended the 113th meeting of the GCC Financial ... -
bne IntelliNews – Romanians gripped by cryptocurrency euphoria during pandemic
Long before the current pandemic, we reported in an article published in December 2018 that the issue of cryptocurrencies had become one of the most important ... -
Lebanon: an financial system sinking into devastation
Since March 2021, the historic decline of the Lebanese lira has sparked nationwide protests. The protesters have misplaced hope and the general public rage escalates with ... -
IMF doc identifies insurance policies to extend inclusiveness and share good points from commerce | Information | SDG Data Heart
A working paper launched by the Worldwide Financial Fund (IMF) finds that whereas worldwide commerce is strongly related to enhancements in inclusive development, the rise in ...
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