imf lowers economic growth forecast for asean region

IMF lowers economic growth forecast for ASEAN region

Singapore and other Southeast Asian Nations (ASEAN) economies are seeing downgrades to their 2023 growth outlooks because slowing global growth will outweigh the positive impact from China's economic reopening, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas said on January 31.
imf commends vietnams macro economic stabilisation policies

IMF commends Vietnam’s macro-economic stabilisation policies

Deputy Managing Director of the International Monetary Fund (IMF) Antoinette Sayeh has lauded Vietnam for its high economic growth and controlled inflation over the past years despite global uncertainties.
imf chief warns of bigger chance world growth slows below 2

IMF chief warns of bigger chance world growth slows below 2%

IMF chief Kristalina Georgieva warned Thursday that the chance of global growth dropping below two percent -- last seen during the coronavirus outbreak and the global financial crisis of 2009 -- is increasing as major economies slow.
sustaining economic recovery and prospects for growth in 2023

Sustaining economic recovery and prospects for growth in 2023

Flexible policies and a successful COVID-19 vaccination campaign have resulted in impressive progress in Vietnam’s economic prospects this year. But the road ahead is paved with challenges. Risks to growth in the future, largely related to external factors, have multiplied.
asia sails into headwinds of rate hikes war and china slowdown

Asia sails into headwinds of rate hikes, war and China slowdown

Asia’s strong economic rebound early this year is losing momentum. We have cut growth forecasts for Asia and the Pacific to 4 per cent this year and 4.3 per cent next year, which are well below the 5.5 per cent average over the last two decades. Despite this, Asia remains a relative bright spot in an increasingly dimming global economy.
outlining nations economic priorities

Outlining nation’s economic priorities

Vietnam’s economy is bouncing back thanks to a wide range of drivers. Era Dabla-Norris, assistant director of the Asia Pacific Department, and mission chief for Vietnam at the International Monetary Fund (IMF), talked with VIR’s Thanh Tung about how the country can grow further with fresh momentum.
inflationary pressures stalking national economy

Inflationary pressures stalking national economy

Vietnam is being warned of an inflation increase this year due to great pressure on rising prices of commodities used for domestic production, affecting consumption recovery and growth.
imf extends credit to mozambique after debt scandal

IMF extends credit to Mozambique after debt scandal

The International Monetary Fund has extended a credit facility to Mozambique, the first non-Covid related, since it pulled the plug over a $2-billion hidden debt scandal six years ago.
imf downgrades indonesias economic growth to 54 percent in 2022

IMF downgrades Indonesia’s economic growth to 5.4 percent in 2022

The International Monetary Fund (IMF) has downgraded its economic growth forecast for Indonesia in 2022 to 5.4 percent, 0.2 percent lower than its previous projection.
imf head urges cop26 leaders to ramp up climate ambition

IMF head urges COP26 leaders to ramp up climate ambition

IMF chief Kristalina Georgieva on Sunday urged world leaders gathered at the COP26 summit in Glasgow to show greater policy ambition, calling climate change a "grave threat to macroeconomic and financial stability."
vietnam may receive 156 billion from 650 billion imf special drawing rights

Vietnam may receive $1.56 billion from $650 billion IMF special drawing rights

The board of governors of the International Monetary Foundation (IMF) has approved a general allocation of special drawing rights (SDR) equivalent to $650 billion on August 2 to boost global liquidity. Vietnam could be one of the emerging countries receiving support from this package.
imf proposes 50 bn plan to end the pandemic official

IMF proposes $50 bn plan to end the pandemic: official

The IMF on Friday proposed $50 billion plan to end the Covid-19 pandemic, with a target of vaccinating at least 40 percent of the world's population by the end of 2021.
rcep shows regional strong commitment to liberal trade imf

RCEP shows regional strong commitment to liberal trade: IMF

The Regional Comprehensive Economic Partnership (RCEP) sends a very powerful message of the region's commitment to open and liberal trade, an official of the International Monetary Fund (IMF) has said.
imf world bank begin push to swap debt relief for green projects

IMF, World Bank begin push to swap debt relief for green projects

The idea of forgiving debt held by poor countries in exchange for "green" investments gained ground this week during the spring meetings of the IMF and World Bank, with concrete proposals expected in time for a global climate summit this fall.
imf vietnams inflation in 2021 may remain at 4 per cent

IMF: Vietnam’s inflation in 2021 may remain at 4 per cent

The prolonged COVID-19 pandemic is forecast to keep hampering Vietnam from reducing inflation this year, despite the strong efforts to stimulate fiscal and monetary policies.