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Americas 11 months ago
PREMIUM
Indonesia says BRICS development bank will be different from IMF
Deputy Finance Minister Thomas Djiwandono has said that the BRICS-initiated multilateral development bank will not be similar to the International Monetary Fund, amid calls from BRICS nations for a change to the IMF’s European orientation.
Regulations 11 months ago
BRICS finance ministers make unified proposal for IMF reforms
The joint statement by the group's finance ministers marks the first time the BRICS countries haveagreed on a unified position on the proposed reforms. They agreed to back the shared proposal at an IMF review meeting coming up in December, which will discuss changes to a quota system that defines contributions and voting rights.
Economy 1 year ago
IMF-World Bank meetings end with little tariff clarity, but economic foreboding
Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from President Donald Trump's multi-layered tariff assault and on just how much pain it will bring to the world economy.
Economy 1 year ago
PREMIUM
Govt sticks to 5 percent growth target despite IMF's downward revision
The government is holding onto its target for 5 percent gross domestic product (GDP) growth this year despite the International Monetary Fund revising down its projection for Indonesia’s economy in a recent update.
Economy 1 year ago
IMF slashes global outlook as White House says trade talks pick up pace
Worldwide economic output will slow in the months ahead as US President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with Trump's team to lower the levies.
Economy 1 year ago
PREMIUM
World Bank, IMF expect RI economy to grow 5.1% this year
The International Monetary Fund (IMF) and the World Bank have both kept their projections for Indonesia’s 2025 gross domestic product (GDP) growth unchanged while flagging long-term challenges for emerging economies.
Economy 1 year ago
IMF raises global growth outlook and flags rising economic divergence
Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.
