Thursday, May 21, 2026
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Tag: International Monetary Fund

PH ignores loan proposed by IMF

The Bangko Sentral ng Pilipinas will not tap the new borrowing facility offered by the International Monetary Fund to members affected by the coronavirus...

Lebanon arrests central bank official in currency crisis probe

Lebanese prosecutors on Thursday ordered the arrest of a senior central bank official as part of an investigation into exchange rate manipulations as the...

Solons seek infra stimulus spending, file P1.5-trillion plan bill

Lawmakers on Tuesday filed a bill proposing a three-year, P1.5-trillion stimulus program anchored on infrastructure spending, especially in the countryside, to generate more jobs...

More than 100,000 coronavirus infections in Latin America:

The number of coronavirus infections across Latin America surpassed 100,000 on Sunday with nearly 5,000 deaths, according to an AFP tally based on official...

Debt relief eyed for poor nations

With the global economy plunged into the worst recession in a century, the Group of 20 nations on Wednesday announced a one-year debt standstill...

Bleak prospects

The International Monetary Fund has painted grim prospects of the global economy amid the coronavirus pandemic that is disrupting the supply chain. It forecasts...

IMF approves debt relief for 25 poor countries

The International Monetary Fund on Monday announced immediate debt relief for 25 poor countries to help them free up funds to fight the coronavirus...

IMF cuts PH growth forecast to 0.6%

The International Monetary Fund downgraded its 2020 growth forecast for the Philippines to 0.6 percent from a previous estimate of 6.3 percent after the...

World Bank sets $160-B aid to 25 nations

The World Bank has approved the first steps in a plan to roll out $160 billion in emergency aid over 15 months to help...

Virus pandemic fuels hack attacks

Washington—Internet users have seen a surge in COVID-related cyberattacks and fraud schemes which could add to the misery of the pandemic, even as some...

Hezbollah won’t oppose IMF aid under ‘reasonable conditions’

Beirut, Lebanon— Lebanon’s powerful Hezbollah movement, which has strongly opposed foreign interference in the country’s crisis-hit economy, said Friday it could accept Beirut receiving...

COVID-19 shutters schools: 300 million affected

Almost 300 million students worldwide faced weeks at home on Thursday with Italy the latest country to shut schools over the deadly new coronavirus,...

What APAC’s companies need to do to drive the region into New ‘Asian age’

Asia’s economy dominated until the 19th century, before being knocked off its pedestal by Europe and then the US. Since then, while the region has...

Is IMF’s 6.3% 2020 growth forecast achievable?

"It’s within the realm of possibility."     The IMF (International Monetary Fund) regularly conducts consultations with each of its member-countries to review their progress, discuss their plans,...
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