IMF expects Georgia GDP growth to rebound to 4.3 % in 2021

The FINANCIAL — An International Monetary Fund (IMF) staff team led by Mercedes Vera Martin conducted virtual discussions from October 5 to November 9, 2020, on the Seventh Review under the Extended Fund Facility (EFF) arrangement. At the conclusion of the mission,…

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IMF/World Bank Annual Meetings in Morocco postponed until 2022

The FINANCIAL — The Kingdom of Morocco, the World Bank Group and the International Monetary Fund (IMF) announced today that the planned World Bank Group-IMF Annual Meetings scheduled to take place in Marrakesh, Morocco, in October 2021 will be postponed by 12 months…

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Cross-border payments are about to improve

The FINANCIAL — When paying for coffee, we swipe, tap, wave, and soon may wink—a quick and painless exchange of coffee for money. But when paying for imports or sending remittances, we often fill-out forms, wait for days, and pay—too much. Progress to…

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International Monetary Fund staff statement on Argentina

The FINANCIAL — An IMF team, led by Julie Kozack Deputy Director of the Western Hemisphere Department and Luis Cubeddu Mission chief for Argentina, visited Buenos Aires from October 6 to 11, 2020 to learn and assess more about the Argentine authorities’…

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IMF:ECONOMIC OUTLOOK AND RISKS

DEVELOPMENT COMMITTEE: THE MANAGING DIRECTOR'S WRITTEN STATEMENT -- The global coronavirus outbreak is a crisis like no other and poses daunting challenges for policymakers in many emerging market and developing economies (EMDEs), especially where the pandemic encounters weak public health systems, capacity…

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