Apr 16, 2024 · IMF loans are often accompanied by mandated economic reforms. These conditions can include controversial adjustments like fiscal austerity measures, privatization and interest rate hikes. Many of the mandated reforms have been criticized, with detractors arguing that the conditions can harm the public and are not fair to developing countries.

May 14, 2024 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no …

Jan 20, 2025 · Space technologies can tackle many of the world’s most pressing business and societal challenges. This report by the World Economic Forum and McKinsey & Company shows that lower costs and improved access to space-enabled technologies such as communications; positioning, navigation and timing; and Earth observation services could take the global space …

Jan 17, 2025 · IMF's Gita Gopinath: What's ahead for economic growth in 2025 How will inflation, conflict and technological change shape economies in the year ahead? The International Monetary Fund’s First Deputy Managing Director Gita Gopinath sat down with Meet The Leader at the World Economic Forum‘s Annual Meeting in Davos, Switzerland to share what's ...

Nov 10, 2023 · However, the IMF also warns of slower growth next year, projecting that China's GDP will expand by 4.6% in 2024 – up from a 4.2% forecast in October – due to weakness in the property sector and subdued export demand.

Jul 15, 2015 · (2) Equally important, the IMF failed to prioritise a strategy for Greece to regain competitiveness. The programme initially made a correct diagnosis of Greece’s major competitiveness problem. The problem was a result of the pre-crisis Ponzi scheme with ever-increasing deficits financing higher public salaries and rising pensions.

May 15, 2024 · The IMF's report urges financial firms to boolster their cybersecurity capacity through efforts such as stress testing and information-sharing arrangements, among other recommendations. Moreover, the IMF calls on authorities to develop appropriate and adequate national cybersecurity strategies that are accompanied by regulatory frameworks.

Jan 12, 2023 · The IMF has launched a new fund to help low and middle-income countries increase their resilience to long-term shocks like climate disasters and pandemics. Three-quarters of the IMF’s 190 member countries will be eligible to …

Oct 25, 2024 · The IMF recently raised Brazil’s growth forecast for this year to 3.0%, marking the largest upward revision among major economies. The Bank of Canada cut its key benchmark rate by 50 basis points to 3.75% on Wednesday, its first larger-than-usual move in over four years, reports Al Jazeera.

Feb 19, 2020 · Data from the IMF shows India has risen to become the world’s fifth largest economy, when ranked by nominal GDP. India, in this ranking, has leapfrogged France and the UK. Despite its growth, challenges remain, from sustainability to infrastructure.