Thursday, May 21, 2026
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Tag: International Monetary Fund

Health, trade chiefs urge jab makers to help poor nations

Geneva—Four of the world's most prominent health, trade, and financial organizations on Saturday implored Covid-19 vaccine manufacturers to prioritize doses for poorer countries to...

IMF reduces growth forecast for ASEAN

The International Monetary Fund on Tuesday reduced the growth forecast for the ASEAN-5 economies, including the Philippines, to 4.3 percent from its previous estimate...

IMF cuts 2021 growth forecast for PH to 5.4%

The International Monetary Fund said Wednesday it reduced the 2021 growth forecast for the Philippines to 5.4 percent from 6.9 percent, taking into account...

Global bodies call for vaccine equality

Geneva—World leaders must make a “new commitment” to a more equal distribution of coronavirus vaccines to bring the pandemic under control, the heads of...

IMF, World Bank prioritize vaccine access to end pandemic

After kicking their massive lending powers into overdrive to help the nations hardest hit by Covid-19 last year, the IMF and the World Bank...

IMF proposes $50B plan to end the pandemic

Washington—The IMF on Friday proposed a $50-billion plan to end the COVID-19 pandemic, with a target of vaccinating at least 40 percent of the...

IMF to disburse $410 million in aid to Kenya

The IMF said Monday it had reached an agreement to move forward on the disbursement of $410 million to Kenya as part of an...

PH banks facing solvency distress as COVID lingers

The International Monetary Fund warned over the weekend that Philippines banks could face solvency distress if the economy declined further amid the COVID-19 pandemic. “Stress...

IMF, World Bank begin push to swap debt relief for green projects

The idea of forgiving debt held by poor countries in exchange for "green" investments gained ground this week during the spring meetings of the...

Delayed recovery

"Dealing efficiently with COVID-19 without locking down the economy is the recipe for quick recovery." The Philippines will surely recover this year from a deep...

Market ends three-day rally; SM Investments, MPIC drop

The stock market sank Thursday as investors opted to cash in on their gains after a three-day rally that sent the benchmark index past...

IMF expects slower recovery for Europe than United States

BRUSSELS, Belgium—The IMF said Tuesday that the eurozone economy would expand faster than previously expected in 2021, but Europe will be slower than the...

UN to reduce peacekeepers in S.Sudan

The United Nations Mission in South Sudan (UNMISS) said Tuesday it plans to reduce troop numbers by seven percent this year, due to a...

IMF raises 2021 growth forecast for PH to 6.9%

The International Monetary Fund said Tuesday it raised its 2021 growth forecast for the Philippines to 6.9 percent from the 6.6-percent estimate it made...
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