World News by Wild Rose

Senegalese Prime Minister Ahmadou Al Aminou Lo said the government could use constitutional means to resolve a standoff over its 2026 budget if talks with lawmakers fail, as the dispute threatens to complicate efforts to secure a new International Monetary Fund program.

Moody’s says a pension deal with the IMF lowers El Salvador’s 2027 cash risk, while public debt is still expected to pass 90% of economic output. The post Moody’s Says El Salvador Debt Stays High appeared first on The Rio Times.

The IMF has downgraded its growth projections for the Middle East and Central Asia this year due to the US Iran conflict. GCC countries are now expected to face negative overall growth in 2026, with Oman the only exception. Jihad Azour, IMF’s Director for Middle East & Central Asia Department spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on their regional outlook. (Source: Bloomberg)

The IMF expects Belize's economy to grow 1.9% in 2026, down from 2.6% in 2025, ahead of the Caribbean tourism average but behind Central America. The post IMF Cuts Belize Growth Forecast to 1.9% appeared first on The Rio Times.

The Trinidad recession dispute reached Parliament, where the prime minister cited IMF growth forecasts and defended plans to sell state-owned hotels. The post Trinidad Recession Denied by Prime Minister appeared first on The Rio Times.

A country need not run out of money to find itself in a debt crisis. It only has to run short of US dollars to pay for its energy. At the recent International Monetary Fund-World Bank annual meetings in Bangkok, the IMF, which expects global economic growth of 3.1 per cent this year and 3.4 per cent the next, cautioned that energy-importing and lower-income economies face a harder road, even as those riding the artificial intelligence boom fare relatively well. According to the World Bank’s...

Marshall Mills, the IMF's Senior Resident Representative for China, says the country needs more "urgent and forceful" measures to boost the property and consumption sectors. He speaks with Stephen Engle on the sidelines of the Bund Summit in Shanghai. (Source: Bloomberg)

Barbados holds a US$257 million precautionary IMF line approved on 22 June; the 14% debt figure the IMF chief cited on 14 October is for low-income states. The post Barbados Keeps US$257M IMF Cover appeared first on The Rio Times.

An AI boom is lifting technology-exporting economies. But rising energy costs and climate disasters are pushing many developing nations into debt distress. Greater digital connectivity would allow them to benefit from tech advances.

The IMF forecasts Benin growth of 7% in 2026, fifth in sub-Saharan Africa and above the 4.5% regional pace, with an economy of about US$27.4 billion. The post Benin Growth at 7% Among Fastest in Africa appeared first on The Rio Times.

Finance Minister Taiwo Oyedele said Nigeria targets 7% growth, above the IMF's 4.3%, and called the fund's projections too conservative. The post Nigeria Growth Target Is 7%, Above IMF 4.3% appeared first on The Rio Times.

Hong Kong is more “optimistic” about its economic growth this year than the International Monetary Fund (IMF) is about the global outlook, the finance chief has said, pointing to the city’s unique position to capitalise on international capital flows and the artificial intelligence (AI) boom. Writing on his blog on Sunday after attending the IMF and World Bank Group’s annual meetings in Bangkok, Financial Secretary Paul Chan Mo-po said world leaders’ discussions had been dominated by two forces:...

Bangkok, Oct. 18 (Jiji Press)--Japan's nominal gross domestic product is projected to drop to sixth place globally in 2027, with India and Britain overtaking it, according to the latest International Monetary Fund World Economic Outlook report. The main reason for the decline in Japan's GDP in dollar terms is the yen's depreciation, although the impact of slowing economic growth cannot be i...

Low-income countries spend up to 14 percent of their revenue on debt repayments, IMF chief says.

Coconut farmer Sombat Chuekrod travelled more than 200km (120 miles) to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund (IMF) and World Bank change how they deal with the developing world. Finance ministers, central bank governors and other top policymakers gathered this week in the Thai capital for the IMF-World Bank Annual Meetings, as decision makers tackle an inflation crisis fuelled by the Iran war and other economic shocks. The message from...

The International Monetary Fund warned that Colombia’s fiscal situation is unsustainable, sharpening its assessment of the country’s public finances as the new government seeks the lender’s help to stabilize its accounts.