Via IMF (Den Internationale Valutafond) Speech on the Global and Asia Economic Outlook Greater Bay Area Chief Economist ForumTao Zhang, IMF Deputy Managing Director July 10, 2020 AS PREPARED FOR DELIVERY Hello,...
Post
The Platform for Collaboration on Tax Publishes its Progress Report 2020
Via IMF (Den Internationale Valutafond) The Platform for Collaboration on Tax Publishes its Progress Report 2020 July 10, 2020 Washington, DC – The Platform for Collaboration on Tax (PCT) – a joint initiative...
Post
Restoring Sustainable Flows of Capital and Robust Financing for Development
Via IMF (Den Internationale Valutafond) Restoring Sustainable Flows of Capital and Robust Financing for Development By Kristalina Georgieva, IMF Managing DirectorHigh-level conference, organized by the Paris Forum and the Saudi G20 Presidency July 8, 2020 ...
Post
Egypt Takes Proactive Approach to Limit the Pandemic’s Fallout
Via IMF (Den Internationale Valutafond) A worker disinfects the streets of Cairo. The health crisis has severely hit Egypt’s tourism industry, one of the country’s main sources of income. (photo: Xinhua News Agency/Newscom) Egypt Takes Proactive Approach to Limit the Pandemic’s Fallout July...
Post
Teleworking is Not Working for the Poor, the Young, and the Women – IMF Blog
Via IMF (Den Internationale Valutafond) By Mariya Brussevich, Era Dabla-Norris, and Salma Khalid Español The COVID-19 pandemic is devastating labor markets across the world. Tens of millions of workers lost their jobs, millions more out of the labor force altogether, and many occupations face an uncertain future. Social distancing measures threaten jobs requiring physical presence...
Post
Six Charts on Myanmar’s Economy in the Time of COVID-19
Via IMF (Den Internationale Valutafond) Temples in the archaeological zone of Bagan, Myanmar. COVID-19 has affected some of Myanmar’s key economic growth engines, including tourism. (photo: Sean Pavone/ iStock) Six Charts on Myanmar’s Economy in the Time of COVID-19 By Jayendu De and Sanaa Nadeem, IMF...
Post
IMF Staff Completes a Virtual Review Mission to Serbia
Via IMF (Den Internationale Valutafond) IMF Staff Completes a Virtual Review Mission to Serbia July 3, 2020 IMF staff reached staff-level agreement on policies needed to complete the fourth review under the Policy Coordination Instrument (PCI). ...
Post
MD’s Keynote Speech—National Development Bank in Lithuania: Aims and Effective Governance
Via IMF (Den Internationale Valutafond) MD’s Keynote Speech—National Development Bank in Lithuania: Aims and Effective Governance July 2, 2020 As prepared for delivery Laba diena! (Good day!) It’s a pleasure to join...
Post
Combating the Impact of COVID-19 in Montenegro
Via IMF (Den Internationale Valutafond) An island near the Bay of Kotor, Montenegro. The country’s tourism sector has been hit especially hard by the outbreak of COVID-19. (photo: Sergii Zarev/agefotostock/Newscom) Combating the Impact of COVID-19 in Montenegro By Yen Nian Mooi, IMF European Department ...
Post
Paraguay Beats the Pandemic and Seeks New Growth
Via IMF (Den Internationale Valutafond) The Paraguayan capital, Asunción: the country has the pandemic under control and COVID-19 deaths have been very low. (photo: Julio Ricco/iStock/Getty) Paraguay Beats the Pandemic and Seeks New Growth By Bas B. Bakker and Tobias Roy, IMF Western Hemisphere Department ...
Post
IMF Staff Concludes a Remote Staff Visit to Albania
Via IMF (Den Internationale Valutafond) IMF Staff Concludes a Remote Staff Visit to Albania July 1, 2020 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this...
Post
Digital Financial Inclusion in the Times of COVID-19 – IMF Blog
Via IMF (Den Internationale Valutafond) By Ulric Eriksson von Allmen, Purva Khera, Sumiko Ogawa, and Ratna Sahay The COVID-19 pandemic could be a game changer for digital financial services. Low-income households and small firms can benefit greatly from advances in mobile money, fintech services, and online banking. Financial inclusion as a result of digital financial...
Post
IMF Staff Completes a Virtual Extended Credit Facility First Review Mission for São Tomé and Príncipe
Via IMF (Den Internationale Valutafond) IMF Staff Completes a Virtual Extended Credit Facility First Review Mission for São Tomé and Príncipe June 30, 2020 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a virtual visit...
Post
How the Right Policies Can Help Economic Recovery – IMF Blog
Via IMF (Den Internationale Valutafond) by Chang Yong Rhee For the first time in living memory, Asia’s growth is expected to contract by 1.6 percent—a downgrade to the April projection of zero growth. While Asia’s economic growth in the first quarter of 2020 was better than projected in the April World Economic Outlook—partly owing to...
Post
Remark by Abebe Aemro Selassie at the IEA Africa Ministerial Roundtable on COVID-19 Impact on Africa’s Energy Sector
Via IMF (Den Internationale Valutafond) Remark by Abebe Aemro Selassie at the IEA Africa Ministerial Roundtable on COVID-19 Impact on Africa’s Energy Sector June 30, 2020 Thank you for the opportunity to...
Post
Vietnam’s Success in Containing COVID-19 Offers Roadmap for Other Developing Countries
Via IMF (Den Internationale Valutafond) A police officer walks past soccer fans at a match in early June, after the Vietnamese government eased a nationwide lockdown following the COVID-19 outbreak. (photo: Reuters/Kham) Vietnam’s Success in Containing COVID-19 Offers Roadmap for Other Developing Countries By Era Dabla-Norris,...
Post
An Intensifying Pandemic – IMF Blog
Via IMF (Den Internationale Valutafond) By Alejandro Werner Español Latin America and the Caribbean have become the new COVID-19 global epicenter. The human cost has been tragic, with over 100,000 lives lost. The economic toll has also been steep. The World Economic Outlook Update now estimates the region to shrink by 9.4 percent in 2020,...
Post
Transcript of the Press Conference on the Regional Economic Outlook Update for Sub-Saharan Africa
Via IMF (Den Internationale Valutafond) Transcript of the Press Conference on the Regional Economic Outlook Update for Sub-Saharan Africa June 29, 2020 Speakers: Abebe Aemro Selassie, Director, African Department Gediminas Vilkas, Senior Communications...
Post
The Platform for Collaboration on Tax Invites Public Comments on the Draft Toolkit on Tax Treaty Negotiations
Via IMF (Den Internationale Valutafond) The Platform for Collaboration on Tax Invites Public Comments on the Draft Toolkit on Tax Treaty Negotiations June 29, 2020 Washington, D.C. – The Platform for Collaboration on...
Post
Six Charts that Show Sub-Saharan Africa’s Sharpest Economic Contraction Since the 1970s
Via IMF (Den Internationale Valutafond) A doctor checks a child, Zanzibar, Tanzania. Regional policies should remain focused on safeguarding public health, supporting people and businesses hardest hit by the crisis, and facilitating the recovery. (photo: zeljkosantrac/iStock by Getty Images) Six Charts that Show Sub-Saharan Africa’s Sharpest Economic Contraction Since the...