Tag: IMF

IMF Upgrades UK Growth — But Is the Recovery Built on Shaky Ground?

Europe Hafsah Zuhar - May 29, 2025

(Commonwealth _Europe) The UK economy is forecast to grow at a slightly stronger pace in 2025 than previously anticipated,...

IMF Just Slashed Nigeria’s 2025 Growth Forecast — Is an Economic Storm Coming?

Africa Warsha De Silva - April 23, 2025

Africa (Commonwealth Union) _ The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projection for 2025 to 3.0%,...

IMF Calls for Fuel Price Hikes and Parking Fees—Is This the End of Cheap Driving in Malta?

Europe Hafsah Zuhar - March 19, 2025

(Commonwealth_Europe) A recent report by the International Monetary Fund (IMF) suggests that Malta needs to take decisive action to...

Is a Broad-Based Trade War emerging

Commonwealth Business Suraj Atapattu - October 24, 2024

Global (Commonwealth) _ The International Monetary Fund (IMF) informed that if there is a broad-based trade war between the...

IMF makes bold move to give Sri Lanka a new…

Asia Sarojini P - October 23, 2024

Sri Lanka (Commonwealth Union)_ In a significant development, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva has commended...

IMF Approves $7 Billion Lifeline for Cash-Strapped Pakistan: Conditions and Reforms Loom

Commonwealth Business Suraj Atapattu - September 28, 2024

Pakistan (Commonwealth) _ A $7 billion (£5.25 billion) loan has been authorized by the International Monetary Fund (IMF) for...

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Paradise on the debt crisis

Asia Sarojini P - June 28, 2024

The Maldives (Commonwealth Union)_ Fitch Ratings expressed concern over the Maldives' economic stability, warning of potential debt troubles and...

Green Finance for Sri Lanka

Commonwealth Business Suraj Atapattu - May 31, 2024

Sri Lanka (Commonwealth) _ In order to focus on green finance, the Central Bank of Sri Lanka has entered...

Pakistan needs a leader like Modi

Commonwealth Diaspora Sarojini P - May 15, 2024

USA (Commonwealth Union)_ According to Sajid Tarar, a prominent Pakistani-American businessman residing in Baltimore, US, Indian Prime Minister Narendra...

Indians and Russians to run Mattala Rajapaksa Airport

Asia Sarojini P - April 29, 2024

Sri Lanka (Commonwealth Union)_ Sri Lanka, grappling with the repercussions of China's 'debt diplomacy', has announced the transfer of...

Giants in Africa compete for economy

Commonwealth Business Suraj Atapattu - April 26, 2024

Africa (Commonwealth) _ As to the IMF's prediction, which can be found in the East African magazine, Kenya's GDP...

Sri Lanka rejects bondholders’ proposal

Commonwealth Business Suraj Atapattu - April 20, 2024

Sri Lanka (Commonwealth) _Rejecting the request of foreign bondholders to restructure over $12 billion in debt, Sri Lanka on...

A new $941 million loan approved by the IMF for cash-strapped Kenya

Africa Warsha De Silva - January 19, 2024

Africa (Commonwealth Union) _Kenya has secured a lifeline from the International Monetary Fund (IMF) with a newly approved loan...

IMF head indicates AI may slash jobs

Commonwealth Science & Tech S De Silva - January 16, 2024

Science & Technology (Commonwealth Union) - Artificial Intelligence (AI) has emerged as a transformative force across various industries, promising...

World Bank disburses $250 million second tranche to Sri Lanka

Asia Sarojini P - December 21, 2023

Sri Lanka (Commonwealth Union)_ The World Bank expressed satisfaction with Sri Lanka's ongoing reform program and announced the disbursement...

Bangladesh to be among countries with fastest-growing economies

Asia Sarojini P - December 15, 2023

Bangladesh (Commonwealth Union)_ As per the annual economic outlook presented by the Mastercard Economics Institute (MEI), Bangladesh is anticipated...