IMF lifts global growth forecasts to 2.9%

IMF lifts global growth forecasts to 2.9%

(VOVWORLD) - The International Monetary Fund (IMF) said global growth would still fall to 2.9% in 2023 from 3.4% in 2022, but its latest World Economic Outlook forecasts mark an...
G20 warns of threats to global recovery

G20 warns of threats to global recovery

(VOVWORLD) - An upsurge in new coronavirus variants and poor access to vaccines in developing countries threaten the global economic recovery, finance ministers of the world’s 20 largest economies warned...
Countries worldwide affected by Covid-19

Countries worldwide affected by Covid-19

(VOVWORLD) - The virus outbreak has prompted global financial bodies like the International Monetary Fund (IMF) to hold their conferences online, instead of in person
China’s increased role in global trade

China’s increased role in global trade

(VOVworld) – The International Monetary Fund (IMF) has officially added the Chinese currency, the renminbi, to the organization’s Special Drawing Right (SDR) basket. This move acknowledges China’s important role in the...
Global anti-corruption fight

Global anti-corruption fight

(VOVOworld) - The first global anti-corruption summit in London has initiated several measures to combat corruption. These chime with global leader’s determination in the fight but implementation is not...
Ukraine’s President: conflict is waning

Ukraine’s President: conflict is waning

(VOVworld) - The peace deal reached between the Kiev administration and the opposition means that the “most dangerous" part of the 5-month-conflict in eastern Ukraine is over, says...
IMF disburses 4.6 billion USD  in aid for Egypt

IMF disburses 4.6 billion USD in aid for Egypt

(VOVworld) - The International Monetary Fund approved the disbursement of 4.6 billion USD in aid to Greece on Friday, after a yearlong delay to ensure that Athens met targets set by bailout lenders ...
European public debt under G7 discussion

European public debt under G7 discussion

The European public debt crisis was the main subject of a discussion by G7 finance ministers and central bank governors on the sideline of the ongoing annual meeting of the International Monetary Fund ...