IMF cuts its global growth forecast for 2021

IMF cuts its global growth forecast for 2021

(VOVWORLD) - The International Monetary Fund said it expects global gross domestic product to grow by 5.9% this year, 0.1 percentage point lower than its July estimate. For next year...
IMF keeps 2021 global growth forecast at 6%

IMF keeps 2021 global growth forecast at 6%

(VOVWORLD) - The International Monetary Fund estimates that global growth for 2021 will be about 6%, the same as forecast in April, IMF Managing Director Kristalina Georgieva said on Wednesday
IMF: Pandemic leaves many countries behind

IMF: Pandemic leaves many countries behind

(VOVWORLD) - The crisis caused by the COVID-19 pandemic is leaving many economies lagging behind, worsening the plight of the poor, a problem made worse by "uneven" access to vaccines,...
IMF more hopeful about global economic outlook

IMF more hopeful about global economic outlook

(VOVWORLD) -The impacts of COVID-19 on the global economy will not be as severe as previously forecast thanks to strong government intervention around the world, according to a report of the...
Mustapha Adib named new Lebanon prime minister

Mustapha Adib named new Lebanon prime minister

(VOVWORLD) - Lebanese President Michel Aoun on Monday named envoy to Germany Mustapha Adib as Lebanon's new Prime Minister, following the resignation of the previous cabinet led by Hassan Diab...
Egypt, IMF Reach 5.2-Billion-USD credit deal

Egypt, IMF Reach 5.2-Billion-USD credit deal

(VOVWORLD) -Egypt and the International Monetary Fund (IMF), reached a deal to provide the Egyptian government with a 12-month credit agreement worth 5.2 billion U.S. dollars, to...