Global Banking Monitor

Friday, April 19, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: imf

IMF Data Reveals Decline in Dollar’s Share in Central-Bank Reserves

The dollar’s share in global central-bank reserves dropped in the three months to the end of September, while holdings of the Japanese yen rose,...

IMF Greenlights $3 Billion SBA for Pakistan; $1.2 Billion Already Distributed

Pakistan has received a significant financial boost as the International Monetary Fund (IMF) Executive Board approved a $3 billion Stand-By Arrangement (SBA) for the...

IMF Commends Sri Lanka’s Debt Management Collaboration with China’s Exim Bank

Amid its financial challenges, Sri Lanka has received commendation from the International Monetary Fund (IMF) for its handling of debt negotiations with China’s Export-Import...

IMF Raises Projections, But Warns Global Economy Still Faces Challenges

The risk of a crash landing for the global economy has receded, the IMF’s chief economist said as the multilateral lender predicted 3 per...

IMF and Argentina Close to Agreement, Impact on Peso Anticipated

The International Monetary Fund (IMF) should in the coming days finalize the basis for a staff level agreement with Argentina over a review of...

Pakistan’s Forex Reserves Reach 9-Month High, Boosted by IMF Bailout

Pakistan’s foreign exchange reserves rose to about a nine-month high after the South Asian nation secured a fresh financial bailout from the International Monetary...

IMF Grants $1 Billion to Kenya Post Latest Loan Review

The International Monetary Fund approved almost $1 billion for Kenya, saying the East African country had met conditions for continued financing under programs to...

Argentina Engages in Critical IMF Talks to Address Impending Debt Crisis

Argentina and the International Monetary Fund (IMF) have a $44 billion dilemma, with the two sides set to meet for crunch talks to revamp...

IMF Forecasts Slower Economic Growth of Around 3% for Honduras in 2023

Honduran economic growth is seen slowing to about 3% in 2023, the International Monetary Fund (IMF) estimated in a statement issued on Friday, pointing...

IMF Urges Fed and Central Banks to Maintain Tightening Measures in Efforts to Combat Inflation

The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central banks to "stay the course" on monetary policy and...

IMF Urges BOJ to Maintain Ultra-Low Rates, Emphasizes Readiness for Policy Shift

The Bank of Japan must keep monetary policy ultra-loose as it will take time to re-anchor inflation expectations to its 2% target, International Monetary...

IMF urges Fed to raise rates more, stating “The job is not quite yet done”

The International Monetary Fund said Friday in a new report that the US can avoid a recession this year, and that the Federal Reserve...

IMF Urges US to Adopt Stricter Fiscal Measures to Combat Ongoing Inflation

The International Monetary Fund said on Friday U.S. interest rates will likely need to remain higher for longer to tame inflation, and Washington needs...

IMF Calls on US to Increase or Suspend Debt Cap, Warns of Avoidable Risks

The International Monetary Fund urged the US to immediately raise or suspend its debt limit, and warned that getting “stubbornly high” inflation back to...

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