World News by Wild Rose

The IMF expects Belize's economy to grow 1.9% in 2026, down from 2.6% in 2025, ahead of the Caribbean tourism average but behind Central America. The post IMF Cuts Belize Growth Forecast to 1.9% appeared first on The Rio Times.

The Trinidad recession dispute reached Parliament, where the prime minister cited IMF growth forecasts and defended plans to sell state-owned hotels. The post Trinidad Recession Denied by Prime Minister appeared first on The Rio Times.

A country need not run out of money to find itself in a debt crisis. It only has to run short of US dollars to pay for its energy. At the recent International Monetary Fund-World Bank annual meetings in Bangkok, the IMF, which expects global economic growth of 3.1 per cent this year and 3.4 per cent the next, cautioned that energy-importing and lower-income economies face a harder road, even as those riding the artificial intelligence boom fare relatively well. According to the World Bank’s...

Marshall Mills, the IMF's Senior Resident Representative for China, says the country needs more "urgent and forceful" measures to boost the property and consumption sectors. He speaks with Stephen Engle on the sidelines of the Bund Summit in Shanghai. (Source: Bloomberg)

Barbados holds a US$257 million precautionary IMF line approved on 22 June; the 14% debt figure the IMF chief cited on 14 October is for low-income states. The post Barbados Keeps US$257M IMF Cover appeared first on The Rio Times.

An AI boom is lifting technology-exporting economies. But rising energy costs and climate disasters are pushing many developing nations into debt distress. Greater digital connectivity would allow them to benefit from tech advances.

The IMF forecasts Benin growth of 7% in 2026, fifth in sub-Saharan Africa and above the 4.5% regional pace, with an economy of about US$27.4 billion. The post Benin Growth at 7% Among Fastest in Africa appeared first on The Rio Times.

Finance Minister Taiwo Oyedele said Nigeria targets 7% growth, above the IMF's 4.3%, and called the fund's projections too conservative. The post Nigeria Growth Target Is 7%, Above IMF 4.3% appeared first on The Rio Times.

Hong Kong is more “optimistic” about its economic growth this year than the International Monetary Fund (IMF) is about the global outlook, the finance chief has said, pointing to the city’s unique position to capitalise on international capital flows and the artificial intelligence (AI) boom. Writing on his blog on Sunday after attending the IMF and World Bank Group’s annual meetings in Bangkok, Financial Secretary Paul Chan Mo-po said world leaders’ discussions had been dominated by two forces:...

Bangkok, Oct. 18 (Jiji Press)--Japan's nominal gross domestic product is projected to drop to sixth place globally in 2027, with India and Britain overtaking it, according to the latest International Monetary Fund World Economic Outlook report. The main reason for the decline in Japan's GDP in dollar terms is the yen's depreciation, although the impact of slowing economic growth cannot be i...

Low-income countries spend up to 14 percent of their revenue on debt repayments, IMF chief says.

Coconut farmer Sombat Chuekrod travelled more than 200km (120 miles) to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund (IMF) and World Bank change how they deal with the developing world. Finance ministers, central bank governors and other top policymakers gathered this week in the Thai capital for the IMF-World Bank Annual Meetings, as decision makers tackle an inflation crisis fuelled by the Iran war and other economic shocks. The message from...

The International Monetary Fund warned that Colombia’s fiscal situation is unsustainable, sharpening its assessment of the country’s public finances as the new government seeks the lender’s help to stabilize its accounts.

Senegal is cutting spending next year as it seeks to restructure its debt and secure a new financing program from the International Monetary Fund.

The International Monetary Fund raised its growth forecast for sub-Saharan Africa to 4.5% this year and its Africa Director Zeine Zeidane praised the continent's resilience.

The IMF's October forecasts make Brazil the eighth largest economy in 2027 at US$2.80 trillion, ahead of Italy and Russia and up from 10th in 2026. The post Brazil Rises to Eighth Largest Economy appeared first on The Rio Times.

The International Monetary Fund is “quite confident” that Argentina’s authorities are in a position to meet next year’s debt obligations, said Luis Cubeddu, deputy director of the Western Hemisphere department.

Honduras is due to open its sixth and final IMF review next week and seeks about US$120 million, with the state power utility under scrutiny. The post Honduras Seeks US$120M in Final IMF Review appeared first on The Rio Times.

IMF Africa Director Zeine Zeidane told Ghana's finance minister in Bangkok that its US$3 billion IMF loan programme was a great success. The post IMF Africa Director Hails Ghana’s US$3B Loan appeared first on The Rio Times.

Venezuela told the International Monetary Fund that oil and mining income will rebuild water and power services, while the bolívar stays. The post Venezuela Pitches Oil and Mining Plan to IMF appeared first on The Rio Times.

Lebanese Central Bank Governor Karim Souaid said talks with the IMF are progressing at a good pace. This comes as the country commenced high level negotiations with the Fund on the sidelines of the IMF-World Bank meetings in Bangkok. Souaid spoke exclusively to Bloomberg’s Avril Hong on Horizons Middle East & Africa. (Source: Bloomberg)

The IMF says talks on Ethiopia's sixth loan review will take place in November, with a board decision on a payout of about US$208 million in early 2027. The post Ethiopia IMF Review Talks Slip to November appeared first on The Rio Times.

"These revisions to the methodology are entirely consistent with what the advice we've been giving them, including from our statistics department," said Krishna Srinivasan, Director of the IMF's Asia and Pacific Department

Hundreds of protesters marched through Bangkok on Thursday, 15 October, in opposition to the annual meetings of the International Monetary Fund and World Bank being held in the Thai capital.

In an interview with Bloomberg Television, IMF Asia-Pacific Director Krishna Srinivasan raised concerns that overlapping market risks could spill over into Asian economies. (Source: Bloomberg)

China’s yuan is undervalued in real terms because of the country’s flagging domestic economy, and steps to revive demand have fallen far short of what’s needed, according to a senior International Monetary Fund official.

Dakar is seeking to emerge from a financial crisis triggered by the discovery of undeclared public debt incurred by the previous administration.

The head of the International Monetary Fund said on Wednesday that the US and other wealthy nations needed to urgently tackle mounting global debt levels that were weighing heaviest on low-income countries and straining the global financial system. IMF Managing Director Kristalina Georgieva said that while US Treasury Secretary Scott Bessent and other US leaders recognised that the federal deficit and national debt had grown too high, just trying to grow the US economy out of its more than US$40...

The IMF trimmed its Colombia growth forecast to 2.2% for 2026 and 2.3% for 2027, and now expects inflation of about 6% this year. The post IMF Cuts Colombia Growth Forecast to 2.2% appeared first on The Rio Times.

Bolivia's economy will shrink 3% this year and 1.5% in 2027, the IMF forecasts, the only South American economy set to contract in both years. The post Bolivia’s Economy to Shrink 3%, IMF Says appeared first on The Rio Times.