International News

Russia attack on Ukraine outrageous

Following reports of Russia dropping almost 200 missiles and drones on Ukraine, the outgoing President of the United States of…

Sri Lanka economic reform off to a good start

Washington, DC – November 26, 2024: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement…

USA opposed to ICC warrant of arrest for Netanyahu

The United States of America (USA) remains resolute in standing by their ally Israel. Following the issuance of a warrant…

Netanyahu a wanted man for war crimes

The Prime Minister of Israel Benjamin Netanyahu now sails in the same boat as that of the President of the…

Global shocks a risk for emerging markets

If gone unaddressed, global shocks put at risk emerging global market economies, which in turn will adversely affect a large…

Trump triumphs over Harris in 2024 elections

The world super power President Elect Donald Trump has already given his victory speech after a short and decisive victory…

Paraguay subscribes to IMF’s special Data Dissemination Standard

Washington, DC – October 29, 2024: On October 28, Paraguay subscribed to the IMF’s Special Data Dissemination Standard (SDDS), joining 48…

Coordinated approaches on Climate Action, Carbon Pricing

Washington, DC – October 23, 2024: Five international organizations on Wednesday, 23 October 2024, released a landmark report that outlines pathways…

IMF injects USD80 billion to fight poverty

The Executive Board of the International Monetary Fund (IMF) completed the Review of Poverty Reduction and Growth Trust (PRGT) Facilities and Financing…

IMF to reduce cost of borrowing in November

Member countries will be relieved from the high cost of borrowing from the International Monetary Fund (IMF) from 1 November…