Latest Breaking News On - David lawder - Page 12 : vimarsana.com
The International Monetary Fund's steering committee failed to issue a joint communique on Friday amid disagreements over wars in the Middle East and Ukraine, opting instead for a statement from the body's chair that acknowledged the economic risks posed by the conflicts. International Monetary and Financial Committee "members discussed the global macroeconomic and financial impact of current wars and conflicts including the war in Ukraine, the humanitarian crisis in Gaza, as well as the shipping disruptions in the Red Sea," Saudi Arabia's Finance Minister Mohammed al-Jadaan, the body's chair, said in a statement.
GazaIsrael-general-IsraelSaudi-arabiaWorld-bankDistrict-of-columbiaUnited-statesRed-seaDjibouti-general-DjiboutiUkraineWashingtonWASHINGTON (Reuters) -Shareholders of the International Monetary Fund agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday. Multiple reports from the IMF and the World Bank this week sounded the alarm about economic developments and prospects in low-income developing countries, which are still grappling with the aftermath of the COVID-19 pandemic and other shocks. The IMF lowered its 2024 growth forecast for low-income countries as a group to 4.7% from an estimate of 4.9% in January.
ChinaSaudi-arabiaBulgariaWashingtonUnited-statesWorld-bankDistrict-of-columbiaBulgarianDavid-lawderKristalina-georgievaJay-shambaughAndrea-shalal