Publishing Guide

Upcoming Events

International | Economics and Finance

no events match your query!

New Events

no events posted in last week

Other Press

Economics and Finance

The Coming European Economic Apocalypse 21:13 Dec 01 1 comments

Ryanair CEO Michael O'Leary ridicules Government restrictions and calls for 'unnecessary' lockdown t... 01:55 May 31 0 comments

Anti Environmental CETA Trade Agreement ratification approved despite protests 20:58 May 08 0 comments

Runaway Train Towards Full Digitization of Money and Labor 14:18 Jan 01 2 comments

The Spectre Haunting Europe 23:21 Dec 04 0 comments

more >>

User Preferences

Feeds

Blog Feeds

Anti-Empire

North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Human Rights in Ireland

Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

Labour?s Soviet-Style Plan to Shoehorn Climate Alarmism into Every School Subject Fri Dec 13, 2024 09:00 | Steven Tucker
Labour plans to shoehorn climate alarmism into every subject on the school syllabus. This indoctrination in dubious official 'science' is grimly reminiscent of the Soviet Union, says Steven Tucker.
The post Labour’s Soviet-Style Plan to Shoehorn Climate Alarmism into Every School Subject appeared first on The Daily Sceptic.

In Episode 23 of the Sceptic: David Shipley on Starmer?s Political Prisoners, Anti-ULEZ Campaigner N... Fri Dec 13, 2024 07:00 | Richard Eldred
In episode 23 of the sceptic: David Shipley on Starmer?s political prisoners, anti-ULEZ campaigner Nick Arlett on his unjust arrest and David Turver on Net Zero subsidies.
The post In Episode 23 of the Sceptic: David Shipley on Starmer?s Political Prisoners, Anti-ULEZ Campaigner Nick Arlett on His Unjust Arrest and David Turver on Net Zero Subsidies appeared first on The Daily Sceptic.

News Round-Up Fri Dec 13, 2024 00:51 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

If You Thought the Farmers? Inheritance Tax Raid was Bad, Wait Till You See What its Proponents Have... Thu Dec 12, 2024 19:00 | Mat Brown
If you thought the inheritance tax raid on farmers was bad, wait till you see what its proponents have in store for us next, says Mat Brown. The Blob that gave us the 'tractor tax' has its sights set on a wealth tax.
The post If You Thought the Farmers’ Inheritance Tax Raid was Bad, Wait Till You See What its Proponents Have in Store for Us Next appeared first on The Daily Sceptic.

Education Department Awards $1 Billion in DEI Grants Since 2021, Report Finds Thu Dec 12, 2024 18:03 | Will Jones
The U.S. Education Department has handed out more than $1 billion in DEI grants since 2021, a report from Parents Defending Education has found. No wonder Donald Trump wants to abolish it.
The post Education Department Awards $1 Billion in DEI Grants Since 2021, Report Finds appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network

Voltaire, international edition

Voltaire, International Newsletter N?111 Fri Dec 06, 2024 12:25 | en

Attempted coup d'?tat in South Korea Fri Dec 06, 2024 12:17 | en

What is changing in the Middle East , by Thierry Meyssan Tue Dec 03, 2024 07:08 | en

Voltaire, International Newsletter N?110 Fri Nov 29, 2024 15:01 | en

Verbal ceasefire in Lebanon Fri Nov 29, 2024 14:52 | en

Voltaire Network >>

Global Growth Remains Low Amidst Debt Concerns, War and Inflation, Says IMF

international | economics and finance | press release

Thursday April 06, 2023 21:05

by Jubilee USA Network

Report this post to the editors

Global Growth Remains Low Amidst Debt Concerns, War and Inflation, Says IMF

The challenges to the global economy and slow economic growth will continue this year, said IMF Managing Director Kristalina Georgieva. Delivering her traditional “curtain raiser” speech before the opening of the IMF and World Bank Spring meetings, she anticipated a 3% growth this year, below 3.4% last year.

“The IMF is reporting bad news for wealthy and poor countries,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA Network. LeCompte monitored IMF policies for more than a decade. “The vulnerable are struggling with the pandemic, inflation and rising food prices.”

For the poorest countries, the IMF chief sees higher debt payments and lower demand for what they export. This could fuel further hunger and poverty increases.

Sixty percent of low-income countries and a quarter of emerging economies are at or near debt crises. Since February the IMF initiated, alongside the Indian Presidency of the G20 and the World Bank, a Global Sovereign Debt Roundtable to resolve disagreements that stall debt relief processes.

“While more countries face debt crises, we still don't have a fully functioning debt relief process,” noted LeCompte. "Developing countries need debt relief and access to more resources."

Georgieva called for donor countries to address funding shortfalls so the IMF maintains capacity to provide interest-free loans to the poorest members.

Watch the curtain-raiser speech here:
https://www.imf.org/en/live?_slide=CR-SM23

.

Add Your Comments >>

printable version

with comments

atom feed of comments

rss feed of comments

RSS and atom feeds allow you to keep track of new comments on particular stories. You can input the URL's from these links into a rss reader and you will be informed whenever somebody posts a new comment.

Digg this

Furl

Reddit

Gab

Twitter

© 2001-2024 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy