The Asian Development Bank (ADB) predicts that tourism growth in the Pacific will be slower over the next year, which may lead to a dip in the overall economic growth to an average of 3.9 per cent in 2025 and 3.6 per cent in 2026. In its Development …
By zainab.joaque@awokonewspapersl.com Washington, D.C. — Tensions ran high at the launch of the Fiscal Monitor during the International Monetary Fund’s (IMF) Spring Meetings, as journalists pressed officials with tough questions about the growing economic …
20 Since the last Fiscal Monitor in October 2024, global economic prospects have significantly deteriorated and risks to the economic outlook are elevated and tilted to the downside. Uncertainty is very high, and confidence has been weakening. Financial …
(MENAFN- The Arabian Post) Nigeria's government must exercise greater fiscal discipline and prioritise spending to navigate economic headwinds, the International Monetary Fund has advised. The call comes amid concerns over rising public debt and …
Image Source: Pixabay After three decades, I remain as skeptical as ever. Unconstrained Credit is destabilizing. Market-based (as opposed to traditional bank) finance took hold during the nineties and never looked back. Between July 1990 and September 1992 …
The World Bank’s most recent figures indicate that sub-Saharan African growth is expected to reach 3.5% in 2025, and further accelerate to 4.3% in 2026-2027. This is while global public debt continues to rise to historic levels, amidst intensifying fiscal …
The International Monetary Fund (IMF) has urged the Federal Government to spend judiciously during this period of heightened spending. The Division Chief in the Fiscal Affairs Department of the IMF, Davide Furceri, said this would foster stronger …
By zainab.joaque@awokonewspapersl.com Washington, D.C. – With debt levels soaring dangerously close to pandemic-era highs, the International Monetary Fund (IMF) has issued a stark warning: the world must act now to stabilize public finances before the next …
By Uche Usim The International Monetary Fund (IMF) has called on Nigeria’s economic managers to urgently embrace prudent fiscal discipline and efficient resource management, warning that economic stability hinges on how well governments, especially in …
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