May 5, 2021
  • May 5, 2021

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IMF urges countries to increase spending to help ‘revive their stuttering economies’

by on January 17, 2021 0
Policymakers worldwide should embrace more spending to help revive their stuttering economies, the head of the International Monetary Fund (IMF) said at Russia’s annual Gaidar economic forum. Managing Director Kristalina Georgieva did not give any specific economic forecasts, but made clear her desire for governments to up their spending and that a synchronised approach... Read More

Legally Speaking, is Digital Money Really Money?

by on January 14, 2021 0
By  Catalina Margulis and Arthur Rossi Countries are moving fast toward creating digital currencies. Or, so we hear from various surveys showing an increasing number of central banks making substantial progress towards having an official digital currency. But, in fact, close to 80 percent of the world’s central banks are either not allowed to issue a digital currency... Read More

IMF advisory committee picks Sweden’s finance Minister Andersson as New Chair

by on December 17, 2020 0
The members of the International Monetary and Financial Committee (IMFC), the policy advisory committee of the Board of Governors of the International Monetary Fund (IMF), have selected Magdalena Andersson, Sweden’s Minister for Finance, as Chair of the Committee for a term of three years, effective January 18, 2021. Andersson succeeds Lesetja Kganyago, Governor of... Read More

COVID-19 ‘ll increase inequality in developing economies ~IMF

by on October 29, 2020 0
By Gabriela Cugat and Futoshi Narita Emerging markets and developing economies grew consistently in the two decades before the COVID-19 pandemic hit, allowing for much-needed gains in poverty reduction and life expectancy. The crisis now puts much of that progress at risk while further widening the gap between rich and poor. Despite the pre-pandemic... Read More