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Showing 51 - 60 of 363 results for "International Monetary Fund"

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
Victorian supermarkets - Woolworths and Coles - have re-introduced buying limits in their stores as hoarders and panic-buyers returned, raiding shelves of toilet paper, paper towel, hand sanitiser, rice, pasta, flour, sugar and the like following reports ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
The International Monetary Fund (IMF) said in surveying the economic landscape, the sheer scale and severity of the global lockdown has been striking. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the "Great ...

Chief economist update: Will emerging markets be first to emerge?

BENJAMIN ONG  |  THURSDAY, 7 MAY 2020
... make. At the start of the year, in its 'World Economic Outlook' (WEO) report, the IMF's (International Monetary Fund) crystal ball predicted that "emerging market and developing economy group, growth is expected to increase to 4.4 percent ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
It would have been funny had it not been for the gravity of the circumstances the planet has found itself in these days of the coronavirus pandemic. For right on the eve of "Labor Day", the US Department of Labor reports that more than 30 million Americans ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ...

Australia versus the world

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
While industry professionals praised the government's stimulus package, the International Monetary Fund seems convinced it's not enough. So who is right? The IMF predicted that global growth will be -3.3% this year, while Australia's GDP will be significantly ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
The International Monetary Fund has predicted Australia's GDP will be -6.7% this year due to the effects of COVID-19. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the pandemic has resulted in a collapse ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... Lockdown, as one might call it, is projected to shrink global growth dramatically." This is how the International Monetary Fund (IMF) recently characterised the global economic backdrop that led it to take a chainsaw and lopped off 6.3% from its 2020 ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
The International Monetary Fund has called on every government around the world to introduce substantial targeted policies to support the economy through the coronavirus epidemic. In a blog post, Gita Gopinath, economic counsellor and director of the ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... and economic growth while maintaining the resilience of the financial system. "We welcome that the International Monetary Fund, the World Bank, and other international financial institutions stand ready to help member countries address the human tragedy ...