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Ukraine has received the first tranche under the new Stand-By Arrangement (SBA) with the International Monetary Fund (IMF) in the amount of $1.4 billion, which boosted the country's forex reserves to $20.1 billion as of December 21, 2018. …
IMF Executive Board Completes the Third Review of the Extended Arrangement under the Extended Fund Facility for Georgia. The authorities’ reform program supported by the Extended Fund Facility arrangement remains on track, reflecting …
Global debt hit a record $184 trillion in 2017, equivalent to more than $86,000 per person - more than double the average per-capita income. Overall, the amount of worldwide public and private debt is equal to about 225% of gross domestic …
Georgia's economy grew 4% year-on-year in the third quarter of 2018 and 4.9% in the 9 months of 2018, the National Statistics Office of Georgia (Geostat) reported. The estimated real gross domestic product (GDP) growth rate in …
The International Monetary Fund has completed the third review on the Extended Fund Facility approved last year under which Georgia is receiving $285.3 million over a period of 3 years. Georgia's Prime …
Turkey does not intend to borrow loans from the International Monetary Fund (IMF) anymore, Turkish President Recep Tayyip Erdogan said. "We have closed the chapter of the IMF credits in order not to open it …
After sounding the alarm in recent years about threats to the global economy, International Monetary Fund chief Christine Lagarde said risks had begun to materialise and were slowing growth. Three months since …
The managing director of the International Monetary Fund (IMF), Christine Lagarde, praised the progress in the economic growth of Georgia after she met with Georgian Prime Minister Mamuka Bakhtadze in Washington …
The International Monetary Fund (IMF) expects Kazakhstan’s economy to expand 3.7% in 2018 and 3.1% in 2019, the fund said in a press release. "The growth rate of Kazakhstan's economy increased due to an increase in oil …
The International Monetary Fund (IMF) confirmed its forecast that the Russian economy would grow by 1.7 percent and 1.5 percent in 2018 and 2019 respectively, the organization said in a statement. “Growth is projected at 1.7 …
An International Monetary Fund (IMF) team, led by Mercedes Vera-Martin, has concluded its visit to Georgia, which was held during August 21-27 to discuss recent economic and financial developments and progress with structural …
The American economist on how Russia learnt from default and devaluation in 1998
The US budget deficit could trigger an upsurge of inflation and interest rates that shakes financial markets, according to a report by the International Monetary Fund. In a statement following its regular Article IV assessment of the …
The International Monetary Fund (IMF) has released a fresh report on the economic power of the world's nations, in which it ranks the world's countries according to their GDP based on purchasing power parity (PPP) per capita. …
This would involve painful steps such as raising energy prices or shutting down companies unable to adapt to the changing environment
US President Donald Trump’s move to recognise Jerusalem as Israel’s capital and shift the American embassy there reversed decades of US policy, upsetting the Arab world and Western allies
It has local or regional components as well as international components
A technical mission of the International Monetary Fund (IMF) has held a seminar in Baku on the topic of financial soundness indicators for the staff of the Financial Market Supervisory Authority of Azerbaijan (FIMSA) and the country’s …
Georgia’s economic activity performed better than expected, with the economic growth of 4.8% in 2017, according to the International Monetary Fund mission, which visited Georgia last week to discuss recent economic and financial …
Generational inequality has been growing and is now a major challenge to European growth and social cohesion
