TheJakartaPost
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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.
The International Monetary Fund (IMF) and World Bank spring meetings this week in Washington have been dominated by worries about the economic fallout from century-high US tariffs, and retaliatory ones announced by China, the European Union, Canada and others.
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.
China revised upwards its 2023 gross domestic product (GDP) by 2.7 percent to 129.4 trillion yuan (US$17.73 trillion), a top statistics official said on Thursday, while the World Bank raised its forecast for China's economic growth in 2024 and 2025.
