Tagged: imf

October 5, 2025 @ 7:34 am By Michael Wong  |  

The United Arab Emirates’ drive to modernise its monetary system, including the rollout of a Digital Dirham and new rules for stablecoins, is improving policy transmission and supporting financial resilience, the International Monetary Fund said at the end of its 2025 Article IV mission. “Enhancements… Read More

September 8, 2025 @ 11:27 am By Omar Faridi  |  

Gita Bhatt, a Policy Communications professionals, noted that stablecoins and other financial tech advancements are expected to transform the global economy, presenting both opportunities and significant challenges. As outlined in the International Monetary Fund’s (IMF) recent blog post, policymakers face the complex task of balancing… Read More

August 28, 2025 @ 7:13 am By Omar Faridi  |  

The cryptocurrency adnw sector is undergoing a transformative phase as new developments reshape its ecosystem, with significant updates emerging this year under the Trump Administration. On August 15, the U.S. Treasury Department unveiled fresh regulatory guidelines designed to bring greater oversight to digital currencies, particularly… Read More

August 13, 2025 @ 1:05 am By Omar Faridi  |  

In a stride toward refining our understanding of the global economy, the United Nations Statistical Commission unanimously approved the sixth iteration of the System of National Accounts (SNA) this year. This update, the first major revision since 2008, aims to modernize economic metrics to better… Read More

July 23, 2025 @ 8:37 am By Omar Faridi  |  

The global economy is navigating turbulent waters, as highlighted by recent reports from the International Monetary Fund (IMF). From widening current account imbalances to the growing struggles of low-income countries, the IMF’s latest emphasize the need for coordinated policy responses and financing mechanisms to foster… Read More

June 12, 2025 @ 12:17 pm By Omar Faridi  |  

The global economy stands at a crossroads, with mounting challenges like trade tensions, policy uncertainty, and rising public debt reshaping the financial landscape. Key updates from the International Monetary Fund (IMF) highlight critical strategies for navigating these turbulent times: fostering a united Europe to bolster… Read More

June 2, 2025 @ 7:54 pm By Omar Faridi  |  

The global economic landscape is undergoing significant shifts, as highlighted by recent analyses from the International Monetary Fund (IMF). Several key updates from the IMF including the impact of escalating public debt, vulnerabilities in government bond markets, and the surging energy demands of artificial intelligence… Read More

April 3, 2025 @ 8:05 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, is embracing a transformative shift in economic forecasting, as recent findings from its Monetary Policy Department reveal that artificial intelligence (AI)-based models are outperforming traditional time series models in predicting Swedish GDP and inflation. This development marks a significant leap… Read More

March 22, 2025 @ 6:07 pm By Michael Wong  |  

The International Monetary Fund (IMF) has officially recognized digital assets in its global economic reporting framework for the first time, updating its balance of payments standards to reflect the growing role of cryptocurrencies and blockchain-based assets in the global economy. In the newly released seventh… Read More

March 21, 2025 @ 3:46 pm By Omar Faridi  |  

An update from the IMF has examined how artificial intelligence can potentially boost productivity in Latin America. According to a blog post by the IMF, some countries reportedly risk missing out on the full economic benefits of AI, but “more formal jobs and expanded digital… Read More

January 11, 2025 @ 5:52 pm By Michael Wong  |  

Following its 2024 Article IV Consultation with the Hong Kong Special Administrative Region (HKSAR), the International Monetary Fund (IMF) has recognized Hong Kong’s strong standing as an international financial center and endorsed its pathway towards fiscal consolidation. This affirmation came via a concluding statement released… Read More

November 3, 2024 @ 6:15 pm By Omar Faridi  |  

Asia’s economies can embrace services in order to boost growth and productivity, according to an update from the International Monetary Fund (IMF). The latest report from the IMF noted that manufacturing has been the engine of growth in Asia, but a transition to “modern, tradable… Read More

August 16, 2024 @ 6:14 am By Omar Faridi  |  

Carbon emissions from AI and crypto are surging and tax policy can help, according to an update shared by the International Monetary Fund (IMF). Crypto mining and data centers now account “for 2 percent of global electricity use and nearly 1 percent of global emissions,… Read More

August 7, 2024 @ 9:40 am By Omar Faridi  |  

The European Union has a productivity problem, according to an update from the International Monetary Fund (IMF). Its people produce nearly 30 percent “less per hour worked than they would have, had real output per hour worked increased in line with that in the United… Read More

June 26, 2024 @ 10:47 pm By Omar Faridi  |  

The International Monetary Fund (IMF) has released an update titled “Mapping the World’s Readiness for Artificial Intelligence Shows Prospects Diverge.” The IMF noted in a blog post that the new AI Preparedness Index Dashboard “tracks 174 economies based on their digital infrastructure, human capital, labor… Read More

June 19, 2024 @ 8:37 pm By Omar Faridi  |  

Central bank digital currencies or CBDCs can boost Middle East’s financial inclusion, payment efficiency, according to a comprehensive update from the IMF. 19 countries in the Middle East and Central Asia are exploring issuing a CBDC, the IMF update noted. Almost two-thirds of countries in… Read More

April 14, 2024 @ 2:12 pm By Michael Wong  |  

The International Monetary Fund (IMF) announced that Bulgarian economist Kristalina Georgieva has been selected to serve a second five-year term as its managing director, beginning October 1. The IMF’s executive board praised Georgieva for her “strong and agile leadership,” which has steered the institution through… Read More

April 9, 2024 @ 10:19 pm By Omar Faridi  |  

The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borrowers, “topped $2.1 trillion globally last year in assets and committed capital,” according to an update shared by the International Monetary Fund (IMF). About three-quarters of this was… Read More

March 29, 2024 @ 12:38 pm By Michael Wong  |  

Pacific Island nations are poised to harness the digital money revolution to enhance their financial systems, improve financial inclusion, and counteract the decline in correspondent banking relationships, according to research conducted by the International Monetary Fund (IMF). The geographic isolation, small size, and distinct challenges… Read More

January 17, 2024 @ 1:48 pm By Omar Faridi  |  

AI [artificial intelligence] will affect almost 40 percent of jobs around the world, “replacing some and complementing others.” So that’s why we may “need a careful balance of policies to tap its potential,” according to an update shared by the International Monetary Fund (IMF). In… Read More