IMF predicts that China will be the only major economy to grow this year
Hoje Macau - 15/10/2020
China will be the only major economy in the world to grow in 2020, a year marked by the covid-19 pandemic, the International Monetary Fund (IMF) estimated today in the Global Economic Outlook report. The IMF estimated the Chinese economy to grow 1.9% this year and 8.2% in…
IMF forgives debt of Mozambique, Guinea-Bissau and Sao Tome for another six months
Plataforma - Portugal - 08/10/2020
The International Monetary Fund (IMF) has approved a second six-month installment of debt service relief for 28 of the world’s poorest countries. These include Mozambique, Guinea-Bissau and Sao Tome and Principe.
With this measure, which follows an identical one…
Angola with a “quieter” future with debt relief
Lusa - Angola - 18/09/2020
Angola’s finance minister Vera Daves said on Friday that the debt relief initiatives negotiated at the G20 should result in savings of $6 billion (€5 billion) by 2023.
Vera Daves was speaking today at a press conference in Luanda, two days after the…
IMF and World Bank data project increasing inequality between countries
ISTOÉ - Brasil - 27/04/2020
When the coronavirus started to spread around the world, the feeling that anyone could be hit equally seemed to be consensus. The reality, however, has been shown to be different. Countries with extensive testing capabilities and good health systems have fared better than…
IMF, World Bank urge countries to keep trade open amid pandemic
Xinhua - China - 20/04/2020
IMF Chief Economist Gita Gopinath said that this is not a time to restrict the trade of medical supplies and essential equipment around the world.
IMF"s pardon to Mozambique expected to be used to further support the economy
Macauhub - 15/04/2020
The US$15 million pardon in Mozambique”s debt servicing by the International Monetary Fund (IMF) will relieve the accounts of the Mozambican state and open up room to grant further support, said the president of the Confederation of Economic Associations…
Macau's economy falls 29.6% in 2020
Lusa - Macau - 15/04/2020
Macau's economy is expected to decline 29.6% this year, due to the covid-19 pandemic according to the World Economic Perspectives released today by the International Monetary Fund (IMF).
"Great confinement" causes recession of 8% in Portugal and 7.5% in the Eurozone
TSF - Portugal - 14/04/2020
International Monetary Fund predicts a global recession caused by the crisis it calls the "Great Lockdown". World loses 3%, United States retreated 5.9%.
IMF forgives debt service to 25 countries, including three Portuguese-speaking countries
MacauHub - 14/04/2020
Guinea-Bissau, Mozambique and São Tomé and Príncipe are three of the five Portuguese-speaking African countries that make up five of 25 nations to which the International Monetary Fund has forgiven debt service, according to a statement released Monday in Washington .
