TEGUCIGALPA, July 28, 2018 - Central bank governors, finance ministers, and banking superintendents of Central America, Panama, and the Dominican Republic, say while global growth is projected to remain robust at 3.9 percent over the next year, there are serious threats to the region's economic stability particularly due to trade tensions.
BUENOS AIRES, Argentina, July 22, 2018 - Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, says the world economy is facing increasing risks, especially in the short term, from rising trade tensions, financial pressures in vulnerable emerging economies, and the return of sovereign risk in parts of the euro area.
WASHINGTON DC, July 16, 2018 - The International Monetary Fund says the risk that current trade tensions escalate will further —with adverse effects on confidence, asset prices, and investment—is the greatest near-term threat to global growth.
GEORGETOWN, Guyana, July 14, 2018 - Guyana’s medium-term prospects are very favorable. Oil production is expected to commence in 2020, and additional oil discoveries have significantly improved the medium and long-term outlook. This is the word from the The International Monetary Fund (IMF), following its recent Article IV Consultation with the government of Guyana.
KINGSTON, June 8, 2018 - Jamaica’s borrowing relationship with the International Monetary Fund (IMF) could end when the country’s US$1.6-billion Precautionary Stand-By Arrangement (PSBA) concludes in September 2019.
BRIDGETOWN, Barbados, June 7, 2018 - The International Monetary fund says Barbados is in a precarious economic situation as its international reserves have dwindled to US$220 million, while the central government debt is unsustainable.