Tag: World Economic Outlook

• Tuesday, January 31st 2023 - 08:37 UTC

  The UK economy forecasted to contract 0,6% this year, IMF report

  

  The UK economy this year is forecasted to perform worse than similar advanced economies, and is estimated to contract by 0,6%, according to the latest report from the IMF. The new forecast reflects UK's high energy prices and strong inflation.

• Wednesday, October 12th 2022 - 09:26 UTC

  IMF anticipates recession in Germany and Italy next year and an almost halt for the UK economy

  

  The International Monetary Fund (IMF) on Tuesday predicted that Germany and Italy would both fall into recession next year, while Great Britain the G7 best performing economy this year, will come to an almost halt in 2023, following on the announcement of the mini budget by the Liz Truss government.

• Friday, July 29th 2022 - 19:15 UTC

  Boosted by Brazil and Mexico, Latin America's economy expected to expand 3% in 2022, IMF

  

  Given the improved performance of Latin America's largest economies, particularly Brazil, Mexico, Colombia and Chile, the IMF has raised the 2022 growth projection for the Latam and the Caribbean.

• Friday, January 29th 2021 - 08:55 UTC

  Argentina expected to grow 5,4% in 2021, far from mitigating pandemic's impact

  

  The International Monetary Fund, IMF, lowered Argentina's growth estimate for this year to 4,5% from its previous 4.9% forecast, according to the World Economic Outlook, WEO, delivered this week and which includes some forty countries, among which Argentina since it is a member of G20.

• Wednesday, January 27th 2021 - 09:20 UTC

  China recovers pre-pandemic growth and is expected to expand 8,1% in 2021 and 5,6% in 2022, IMF

  

  IMF projects China's economy will grow 8.1% in 2021 and 5.6% in 2022. The global growth is expected to be 5.5% in 2021 and 4.2% in 2022 after an estimated 3.5% contraction in 2020, according to the latest World Economic Outlook (WEO) released on Tuesday.

• Thursday, April 30th 2020 - 08:21 UTC

  Paraguay one of the countries to first bounce back after post coronavirus

  

  Mercosur member Paraguay has a high likelihood of bouncing back best once the novel coronavirus is contained, Rebeca Grynspan, head of the Ibero-American General Secretariat (SEGIB), told Radio Nacional del Paraguay on Thursday.

• Wednesday, October 9th 2019 - 09:55 UTC

  New IMF chief claims the world economy is in a “synchronized slowdown”

  

  Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said on Tuesday. Research shows the impact of the trade conflict is widespread and countries must be ready to respond in unison with cash infusions, Kristalina Georgieva said in her first speech as managing director of the International Monetary Fund.

• Wednesday, October 8th 2014 - 03:40 UTC

  Ebola outbreak threatens Africa with dramatic consequences, says IMF

  

  Saharan Africa's economic growth remains strong and should accelerate to 5.8% in 2015 but if the Ebola outbreak in its western corner is protracted or spreads it will have “dramatic consequences” for that zone, the IMF said on Tuesday.

• Wednesday, April 9th 2014 - 07:29 UTC

  IMF joins Argentine GDP linked bonds controversy involving potential payment of 3bn dollars

  

  The International Monetary Fund reported on Monday a steep deceleration of Argentina’s economic activity for 2014, in a context of “high uncertainty”, according to its latest World Economic Outlook released in Washington.

• Saturday, August 11th 2012 - 10:13 UTC

  Attractiveness Survey shows foreign investors remain with great interest in Brazil

  

  A stable economy, a burgeoning domestic market and huge untapped reserves of natural resources have led foreign investors to become increasingly interested in Brazil as an investment destination although there are challenges to sustaining this attractiveness according to Ernst & Young's first annual Brazilian Attractiveness Survey.