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Economy 2 years ago
IMF upgrades China's 2024, 2025 GDP growth forecasts
China's economy is set to grow 5 percent this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4.6 percent expansion, though it expects slower growth in the years ahead.
Editorial 2 years ago
Threat to debt sustainability
It is estimated that Indonesia's interest payments on debt will reach a whopping 20 percent this year, and considering that the country borrowed heavily during the pandemic and its deficit only returned to below the 3 percent legal cap last year, higher is not necessarily better when it comes to prudent fiscal management.
Regulations 2 years ago
Pacific Islands nations should consider debt-for-nature deals, IMF says
Debt-for-nature deals, where government borrowers swap loans for cheaper debt underpinned by credit guarantees from multilateral lenders and commit some of the savings to environmental conservation, are rare but growing.
Academia 2 years ago
PREMIUM
Bridging Indonesia's financial inclusion gap: Innovations for the unbanked
One solution to bridging the financial inclusion gap in Indonesia is ICS, which enables lenders to assess a loan applicant's creditworthiness through nontraditional data points, like utility payments and e-commerce transactions.
Economy 2 years ago
IMF and Sri Lanka reach agreement for $330m disbursal
The recommendation to make roughly $330 million available to the South Asian country follows agreement over the first review of the four-year Extended Fund Facility (EFF) agreement it signed up to in March, the International Monetary Fund said in a statement.
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