The International Monetary Fund (IMF) is to update how countries should register and classify their international economic transactions. The new manual, known as BPM7 (payments and manual for international investment position – seventh edition), brings an important news: firstdigital assets, Including BitcoinGet specific treatment in the worldwide standards of official macro -economic statistics. This update […]
Tag: IMF
The IMF predicts Colombian growth of 1.4% for 2023 with a high CPI
The agency’s forecasts also indicate this an inflation rate of 11.4% for this year, which will moderate to 5.2% in 2024, and an unemployment rate of 10.8% in 2023 and 10.4% in 2024. The IMF projects that The Latin American economy will grow by 2.3% in both 2023 and 2024representing an upward revision of four-tenths […]
Italy will grow more than France and Germany, IMF revised its forecasts upwards
This year Italy will grow more than Germany and France, and overall more than the average of the eurozone, where only Spain is better than us. This was expressed by the International Monetary Fund in its revision of previous global economic forecasts, with Italian GDP increasing by 0.4 percentage points to +1.1% in 2023, and […]
The world will grow a little more than expected, but still in a “weak” way: IMF
For the first world economy USAthe IMF will increase growth by two-tenths this year, to 1.8%, and reduce that of 2024 by one-tenth, to 1%. Forecasts for the eurozone are barely improving by a tenth every year and the IMF calculates that growth will be just 0.9% in 2023 and 1.5% next year. Of the […]
The dictator that Italy wants to help stop the immigrants
While the pressure on the opponents of President Kais Said continues in Tunisia, the risk of bankruptcy that will drag the country into chaos continues. It was confirmed that opposition leader Rached Ghannouchi was detained as a precautionary measure today, ahead of the hearing, where he will have to defend himself against charges of conspiracy […]
Colombia and Brazil defend proposed tax changes
The Minister of Finance and Public Credit of Colombia, Jose Antonio Ocampo, and the Secretary of Economic Policy of the Ministry of Finance of Brazil, Guilherme Mello, participated this Friday in a roundtable entitled “Voices from the Global South: Taxation and polycrisis” as part of the Fund’s spring meetings. In front of dozens of people, […]
IMF lowers its growth forecast for Colombia by 2023
Colombia will experience very moderate growth of 1% in 2023 and 1.9% in 2024. Inflation will rise to 10.9% this year but moderate to 5.2% next year, the new report indicated for the global economic outlook International Monetary Fund (IMF), published this Tuesday. In this sense, the IMF lowered its forecast by 0.1 percentage point […]
Latin America will grow slightly in 2023, but will have high inflation: IMF
The document estimates that the region will grow by 1.6% in 2023two-tenths below what was previously expected, and a far cry from the 4% growth it recorded in 2022. And it is that many Latin American countries are commodity exporters, something that played in their favor last year, thanks to the increase in food or […]
Reforms must be implemented with caution and protect fiscal stability: IMF
He International Monetary Fund (IMF) He assured that the Colombian economy is now in a necessary transition to a path of more sustainable growth. This is stated in the report presented at the end of the Article IV consultation in Colombia. The solid institutional framework and timely public policy responses that have enabled a remarkable […]
The IMF recommends caution when making major reforms
Proceeding cautiously with major structural reforms is one of the main recommendations of the International Monetary Fund (IMF) to the government in the conclusions document at the end of the review of the Colombian economy as part of Article IV. It points out that an “ongoing robust communication strategy” will be essential to increase productivity, […]