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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

IMF

26 Results / Page 2 of 3

Background
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Africa

African countries can’t resolve their debt crisis under a system rigged against them

      By Carlos Lopes, University of Cape Town   The debt situation in many African countries has escalated again to a critical juncture. Twenty are in, or at risk of, debt distress. Three pivotal elements significantly contribute to this. Firstly, the rules governing the international banking system favour developed countries and work against the interests of African countries. Secondly, multilateral financial institutions such as the International Monetary Fund […]

todayMay 6, 2024 14

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Business / Economics

IMF Ukraine / Commercial Real Estate Risks / Zambia

    The IMF praised the Ukrainian authorities for implementing anti-corruption measures in a new law, spokesperson Julie Kozack told reporters Thursday (March 7) in Washington, DC. “On the corporate governance law, the approval of what we would consider a landmark corporate governance law is a very important step towards strengthening state owned enterprises (SOEs) in Ukraine,” said Kozack. “The law enhances the role of supervisory boards and brings Ukrainian […]

todayMarch 11, 2024 34

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Namibia

Greylisting is not a Death Sentence

By Josef Kefas Sheehama It's crucial to remember that greylisting does not have to define Namibia's economy, even though it frequently makes people feel more anxious. Namibia can continue engaging in Anti-money Laundering and Combating the Financing of Terrorism (AML/CFT). Namibia needs to make improvements to meet Financial Action Task Force (FATF) requirements in the areas of matter of concern. Our policymakers need to work together with FATF and get […]

todayFebruary 27, 2024 24

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Videos

IMF urges vigilance on monetary policy

https://youtu.be/UG1rZkT_FsQ The IMF is urging vigilance on monetary policy globally and says the job is not yet done when it comes to keeping inflation in check despite some weakening in key economies, a spokesperson for the Fund said Thursday (February 22) in Washington, DC. “Broadly speaking, because inflation has been coming down, but it's not yet at target or close enough to target our line, or our view remains the […]

todayFebruary 23, 2024 17

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Business / Economics

IMF World Economic Outlook Update

https://youtu.be/DB9yEOgE1Iw The IMF sees a runway to a ‘soft landing’ for global growth Pierre-Olivier Gourinchas, head of the Fund’s Research Department said at the launch of the World Economic Outlook (WEO) Tuesday (January 30) in Johannesburg, South Africa. “The global economy continues to display remarkable resilience with inflation declining steadily and growth holding up. The chance of a soft landing as increased. But the pace of expansion remains slow and […]

todayJanuary 31, 2024 19

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Opinion Pieces

At Davos Forum, Secretary-General Warns of Global Norms Collapsing, Highlights Need to Rebuild Trust, Reform Governance

UN Secretary-General António Guterres’ remarks to the World Economic Forum, in Davos, Switzerland: Thank you very much for your warm welcome. It’s good to be back — to be back and to see Davos highlighting the global crisis in trust.  I believe this crisis is the direct result of a paradox facing our world. In the face of the serious, even existential threats posed by runaway climate chaos, and the […]

todayJanuary 18, 2024 14

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Science & Technology

AI to hit 40% of jobs and worsen inequality

Almost 40% of jobs around the world could be affected by the rise of artificial intelligence, a trend that is likely to deepen inequality, according to the International Monetary Fund. In a Sunday blog post, IMF chief Kristalina Georgieva called for governments to establish social safety nets and offer retraining programs to counter the impact of AI. CNN reports that Georgieva said the effects were expected to be felt more […]

todayJanuary 15, 2024 28

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