WASHINGTON(AFP) - Economic growth led by the United States and China is accelerating, amplifying the risks of an uneven global recovery, the head of the IMF said Tuesday. ''In January we projected global growth at 5.5 percent in 2021,'' said IMF Chief Kristalina Georgieva in an address ahead of the...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said the BSP, as an inflation-targeting central bank, is changing the way it projects macroeconomic outlook based on the International Monetary Fund’s (IMF) forecasting and policy analysis systems (FPAS) to improve the Philippines’...
The Department of Finance (DOF) said the government is rapidly digitalizing the country’s agricultural systems and mechanizing farm production to ensure food security over the long run. During the virtual 2020 Annual Meetings of the International Monetary Fund and the World Bank Group, Finance...
The Bangko Sentral ng Pilipinas’ (BSP) pandemic-related monetary financing must be something that the central bank will only consider as a last resort, an International Monetary Fund (IMF) official said. IMF Resident Representative to the Philippines Yongzheng Yang said this stressing that the...
WASHINGTON, Oct 14, 2020 (AFP) - The world's two dominant emergency lenders opened their annual meetings on Wednesday with a renewed call for the wealthy to help the poorest deal with the ravages of the coronavirus pandemic, within national borders and globally. (FILES) In this file photo...
The International Monetary Fund (IMF) forecasts a stronger GDP growth for the Philippines in 2021 at 7.4 percent higher than the previous estimate of 6.8 percent it announced last June, but also sees “significant scarring effects” to future growth because of the pandemic-induced recession this...
