International Monetary Fund

Global Economy

World economy now set to surpass US$100 trillion in 2022

The forecast is in line with estimates of the International Monetary Fund
IMF upgrades 2021 global GDP forecast to 6% - THE EDGE SINGAPORE

Global Economy

IMF upgrades 2021 global GDP forecast to 6%

Gopinath warns of divergence in the recovery of different economies, urges central banks to keep access to money easy

Currency Crisis

Argentina gets US$57 bil as IMF doubles down on record bailout

(Sept 27): Argentina won a promise of extra cash and faster delivery from the International Monetary Fund, which expanded a record bailout to help the country defend its currency and pull the economy out of recession.

Global Economy

US moves forward on proposed US$200 bil China tariff list

WASHINGTON (July 11): The Trump administration pushed ahead with plans to impose tariffs on additional US$200 billion ($272 billion) in Chinese products by releasing a list of targets, marking a sharp escalation in a trade war between the world’s two la

China Focus

China’s central bank chief warns of high corporate debt

NEW YORK/HONG KONG (Oct 16): People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.

Currencies

What it means when the Renminbi officially joins IMF’s SDR basket tomorrow

SINGAPORE (Sept 30): China’s renminbi will become a major international currency tomorrow, when it officially becomes the fifth currency to enter the International Monetary Fund’s Special Drawing Rights basket, joining the US Dollar, euro, Japanese ye
China flag

China Focus

China's export machine is grabbing more of the global market

BEIJING (Sept 7): Brushing off rising wages, a shrinking workforce and intensifying competition from lower cost nations from Vietnam to Mexico, China’s global export share climbed to 14.6 percent last year from 12.9 percent a year earlier. That’s the
  •  
×