TEMPO.CO, Jakarta – The Coordinating Minister for the Economy (Menko Per Ekonomi) Airlangga Hartarto claimed that Indonesia’s economic growth in the first quarter of 2023 was much higher than that of developed countries. According to him, Indonesia’s economic growth, which reached 5.03 percent, was far above market consensus, which was 4.9 percent. “Indonesia is doing … Read more
The agenda for the US economy has focused on two important topics at this time. The first is by the US Congress. ‘Federal Debt Ceiling’It’s a question of whether to upgrade or not. The second topic is bank failures. Regarding the first headline, the warnings of former Fed Chair Janet Yellen, who is now the … Read more
SUMEKS.CO – BRICS is a collection of developing countries consisting of Brazil, Russia, India, China and South Africa. The BRICS nation announced the creation of a new development bank and emergency reserve fund. The new development bank was established with a capital of 100 billion US dollars. READ ALSO: 5 Currencies Included in the BRICS … Read more
Kais Saied he does not want to give in to the “blackmail” of the IMF and aims to develop the phosphate industry on his own to stabilize the country’s economy. But watch out for the Chinese, ready to monopolize the raw material market throughout North Africa.
share Tweet China will be the biggest engine of global economic growth over the next five years, the International Monetary Fund (IMF) estimated in a recently published report. They are followed by India and the United States. According to the International Monetary Fund, China will become the largest engine of global economic growth in the … Read more
A “hidden pool” of potential workers emerges for Greece through the processing of the data concerning the human resources of productive age. To the extent that it becomes possible to integrate into the economy, it will act as a shield against demographic aging, saving the pretexts for future growth. At least this appears from the … Read more
Ranil Salgado, director of the International Monetary Fund (IMF)’s review of Japan, said on the 15th that the Bank of Japan’s Yield Curve Control (YCC) is expected to lead to a sustained rise in domestic wages. said there may be room to tweak the long-term interest rate target later this year. Kazuo Ueda, Governor of … Read more
Jakarta, CNBC Indonesia – The International Monetary Fund (IMF) revised the growth of a number of countries. There are five Asian emerging market countries that are expected to grow 5% or above 5% this year. In the report World Economic Outlook 2023 April issue A Rock Recovery, the IMF revised up a number of Asian … Read more
Sri Lanka faces the greatest difficulty servicing its debt, with repayments accounting for 75% of annual government revenue. Its bankruptcy is considered certain. Photo EPA Poor countries will have their highest debt service spending this year in 25 years, forcing them to cut spending on health and education. The repayments debt owed to non-residents for … Read more
Russia’s President Vladimir Putin keeps economic growth high with high government spending on armaments. Photo by Contributor/Getty Images The International Monetary Fund (IMF) has again raised its forecast for Russia’s economy. The IMF believes Russia is capable of growth of 0.7 percent this year. That is the same as in the euro zone. For Germany, … Read more