Iraq Bulletin

Tag : IMF

Business

IMF provides $24B in interest-free loans to low-income countries during pandemic

admin
The International Monetary Fund (IMF) has provided over $24 billion in interest-free loans to more than 50 low-income countries since the COVID-19 pandemic. The resource adequacy of the Poverty Reduction and Growth Trust (PRGT), Resilience and Sustainability Trust (RST), and Debt Relief Trusts, including the Catastrophe Containment and Relief Trust......
Business

Asian central banks have been urged by the IMF to tighten policy further

Editor
The International Monetary Fund has stated that most Asian central banks must tighten monetary policy further. This is because rising commodity prices and their currencies’ depreciation, driven by steady U.S. interest rate hikes, contribute to inflation exceeding their targets. China and Japan are exceptions, where the economic recovery has been......
Business

Indian economic growth is expected to be 7.4 percent this year and next

Editor
Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International Monetary Fund (IMF) and World Bank projections for India’s growth for the next two fiscal years are in line with Reserve Bank of India (RBI) estimates. Speaking at an event in Mumbai,......