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The Latest Breaking News from International Monetary Fund

Break the cycle of debt and dependency that stunts developing countries’ growth

Letter: The Jubilee 2000 saw $130bn of debt written off, and yet we now find ourselves in a renewed global debt crisis, says Maria Finnerty of Cafod

The Guardian - UK

Thai Central Bank Prepared To Adjust Rates Based On Outlook

Deputy Governor of Bank of Thailand discusses potential interest rate adjustments in response to global economic conditions.

Top News

Sobering assessment: On the IMF forecast, World Bank report

Given that the world needs to tap every reserve of economic potential to achieve universal peace and prosperity, it can ill afford to turn its back on a quarter of its people

The Hindu

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World Bank official calls for shake-up of G20 debt relief scheme

Chief economist says common framework has failed to provide any new money to world’s poorest countries since it was set up in 2020

The Guardian - UK

Most difficult global outlook since 1930s heralds end of US-led world order

IMF has revised up growth forecasts but medium-term prospects remain poor as globalisation goes into reverse

The Guardian - UK

South Africa Faces Inflation And Financial Upside Risks

Governor of South Africa's Central Bank warns of inflation risks and financial instability, emphasizing the need for vigilance and proactive measures.

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Hunt reportedly mulling stamp duty and NI cuts in effort to woo voters

Possible move in autumn statement come as experts sound alarm about dire state of UK public services

The Guardian - UK

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Role played by India during G-20 presidency appreciated at IMF and WB meeting: Seth

“There is a widespread appreciation of Indian presidency of the G-20 in building consensus on several issues,” Ajay Seth said.

The Hindu

IMF Urges Italy And France To Cut Spending, Germany To Invest

IMF advises Italy and France to cut spending, while urging Germany to increase fiscal stimulus measures to address economic challenges in Europe.

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IMF Committee Acknowledges Conflicts Risk, Opts Against Joint Communique

IMF committee discusses risks of conflicts impacting global economy but refrains from issuing joint communique due to differing opinions.

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IMF Urges Caution To Bank Of Japan On Interest Rates

IMF urges caution to Bank of Japan on interest rates to avoid derailing economic recovery.

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IMF: Latam Economies Resilient, Need More Growth

IMF and World Bank report highlights resilience of Latin America and Caribbean economies and calls for policies to stimulate higher and inclusive growth.

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Japan And South Korea Unite Against Weak Currencies

Japan and South Korea consider collaborating on addressing weak currencies, urged by IMF and World Bank.

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Japan's Finance Minister Warns Of Excessive Yen Movements

Japan's finance minister warns about yen volatility in global market, stressing stability for economic growth.

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International Business Times

IMF Calls On EU To Deepen Single Market Integration To Boost Growth

Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday.

The Guardian - UK

Jeremy Hunt’s tax cut plans to face IMF scrutiny next month

Annual health check to examine whether tax increases or spending cuts will be needed after election

Top News

IMF Report: Sub-Saharan Africa Incomes Lagging Global Growth

IMF and World Bank report highlights challenges and solutions for economic growth in Sub-Saharan Africa.

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IMF Advises Asian Central Banks To Avoid Mimicking Fed Policies

The IMF warns Asian central banks against blindly following the Federal Reserve's policies to safeguard their economies.

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Top News

IMF Notes Significant Yen Declines Due To Rate Differentials

IMF acknowledges yen's decline due to global rate differentials, reflecting broader economic trends.

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Global Frustration Over Fed's Rate-Cut Delay

Global peers express frustration over Federal Reserve's delay in cutting interest rates, raising concerns at recent IMF meetings.

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Pakistan Aims For New IMF Loan Agreement In May

Pakistan in discussions with IMF for a new loan agreement to address economic challenges and implement reforms for sustainable growth.

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UN Official Warns Of Widening Development Gap Risks

Learn about the widening development gap and the urgent need for international cooperation to promote equitable growth and prevent global destabilization.

The Hindu

Morning Digest | India votes from today as 102 Lok Sabha seats go to polls in Phase 1; U.S. vetoes resolution backing full U.N. membership for Palestine, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on April 19, 2024

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World Bank President Ajay Banga Addresses Global Economic Challenges

World Bank and IMF address global economic challenges, focusing on poverty, climate, and conflict. Initiatives include expanding electricity and healthcare...

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IMF Warns Of Stubborn Inflation And Rising Government Debt

IMF chief raises concerns about global economy resilience, focusing on inflation, debts, and productivity challenges.

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