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International Monetary Fund (IMF)
Global Economy
Reform or irrelevance for the IMF?
Eight decades after the IMF was created, the world can — and must — pursue a grand bargain to reform its governance structure and deal with emerging challenges.
29 days ago
Global Economy
IMF lowers global growth forecast, warns of increasing risks
Global output will expand 3.2%, 0.1 percentage point slower than a July estimate, the IMF said in an update of its World Economic Outlook released on Tuesday.
October 22, 2024
Capital markets
The world needs bigger and better financial firefighters
Financially distressed developing countries need a growth-focused approach to stabilising the economy without cutting essential public spending.
September 26, 2024
Global Economy
Africa has over US$1 trillion in sovereign debt, says UN agency
Climate change is eroding an average 5% of Africa’s GDP on an annual basis. Last year, it cost 15% of Mozambique’s GDP.
August 18, 2024
Global Economy
How the US mopped up a third of global capital flows since Covid
A run-up in US interest rates to the highest levels in decades proved a major draw for overseas investors.
June 17, 2024
Global Economy
IMF keeps Singapore growth forecast at 2.1%
A 1 percentage point (ppt) increase in Chinese growth leads to a 0.3 ppt increase over the medium term in the region’s economies.
May 02, 2024
Global Economy
IMF keeps Singapore’s 2024 GDP growth forecast at 2.1%, trims 2025 outlook slightly
For the current year, the IMF expects Asia and Asean to post GDP growth of 4.5% and 4.6% respectively.
April 30, 2024
Global Economy
Briefs: PM Lee to handover to DPM Lawrence Wong on May 15, US and China debt pose risks for global public finance: IMF
Other news this week: Biden ramps up his 2024 campaign rhetoric.
April 19, 2024
Global Economy
ECB’s peak rates to endure despite economic perils, survey shows
Respondents don’t see any more interest-rate hikes and predict the Governing Council will confirm by Jan that a peak has reached
October 20, 2023
Singapore economy
Singapore's 2023 GDP forecast kept at 1%, inflation at 5.5%: IMF
Singapore’s real GDP rebounded from a 5.4% decline in 2020 to grow 8.9% in 2021 before moderating to 3.6% in 2022.
October 19, 2023