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International Monetary Fund’s annual ‘External Sector Report’ highlights downside risks of China’s slow post-Covid recovery after the world’s second-largest economy grew by 6.3 per cent in the second quarter, year on year.
The International Monetary Fund's annual External Sector Report shows the impact of last year's US dollar rise on emerging markets and smaller advanced economies, revealing emerging markets suffered capital outflows, higher import prices, and tighter financial conditions.
NEW YORK, July 19 (Xinhua) -- The U.S. dollar appreciation driven primarily by global financial risks last year had harder negative spillovers, especially for economic activity and imports, on emerging market economies than on developed economies, the International Monetary Fund (IMF) said on Wednesday.
More details on sugar scam come to light More details on sugar scam come to light Written by Share: COLOMBO (News1st): More revelations of the sugar scam, that cost the country more than 15 billion rupees, has come to light. The Central Bank’s External Sector Report for the month of January 2021, reveals more details of sugar imports, that had been brought into Sri Lanka. According to the central bank, imports of sugar and confectionery items had increased by 187 percent, compared to January 2020. Expenditure on Sugar and confectionery imports, which generally average to around 20 mill...