Thursday, May 21, 2026
Today's Print

Tag: International Monetary Fund

IMF expects PH economy to contract deeper by 8.3%

The International Monetary Fund said Tuesday it revised its 2020 gross domestic product forecast for the Philippines to a deeper contraction of 8.3 percent...

IMF okays new aid for 28 poorest countries

NEW YORK—The International Monetary Fund on Monday approved new emergency aid for 28 of the world’s poorest countries to help them alleviate their debt...

Costa Rica pulls out of IMF meet

Costa Rican President Carlos Alvarado on Sunday withdrew a negotiation proposal with the International Monetary Fund and called for a national dialogue after a...

Costa Rica president calls off IMF talks after protests

Costa Rican President Carlos Alvarado on Sunday withdrew a negotiation proposal with the International Monetary Fund and called for a national dialogue after a...

Washington, heart of US power, frozen by pandemic

Behind the giant bay windows of the World Bank, security guards remain at their posts, but idle. Outside, the sidewalks of Washington DC are...

Uphill recovery

The International Monetary Fund made an honest assessment on the prospects of global economic recovery amid the coronavirus pandemic. The global economy has shown...

Falling economies

"The government should not ignore the call of workers to reclaim their jobs." The global coronavirus pandemic has sparked an economic "crisis like no other,"...

IMF approves $4.3 billion to help South Africa fight COVID-19

The International Monetary Fund on Monday said it had approved $4.3 billion in aid to South Africa to help it fight the coronavirus pandemic. "The...

Argentina passes 100,000 COVID-19 cases

Argentina has registered more than 100,000 COVID-19 cases, its Ministry of Health said Sunday, despite the Buenos Aires area -- the country's coronavirus hot...

Small business owners hold their breath post-confinement

After months of economic turmoil triggered by the long coronavirus lockdown, battered small and medium-sized businesses are attempting to pick up the pieces. The post-confinement...

Market drops; banks lead decline

Share prices declined for the third straight day Thursday on track with the rest of Asia as a sharp rise in fresh virus infections...

Equities sink as virus spikes fuel worries over reopening

A sharp rise in fresh virus infections in the US and elsewhere sparked a hard sell-off in equities Thursday, following hefty losses on Wall...

IMF now sees PH contracting 3.6% this year

The International Monetary Fund expects the Philippine economy to contract by 3.6 percent this year, a significant downward revision from its April estimate of...

Sharp increase in COVID-19 cases in Peru and Chile

Peru on Sunday reported 8,800 new COVID-19 infections, setting a new daily record for a country that already has the second highest number of...
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