Global Economy

The new year is going to be "tougher than the year we leave behind," IMF Managing Director Kristalina Georgieva has said. Georgieva  was speaking on the CBS Sunday morning news program "Face the Nation."…

The International Monetary Fund (IMF) has warned that the war in Ukraine will have a major impact on the global economy, increasing inflation and hurting growth. The IMF disclosed this via twitter in a recent video: …

The International Monetary Fund (IMF) has projected a stronger recovery of 6% for the global economy compared to its January forecast. The growth is projected to be 6 percent in 2021 (0.5 percentage point upgrade) and 4.4…

Latest report by the World Bank has projected a 4% expansion of the global economy in 2021, marking a return to growth after the COVID-19-induced recession of 2020. It, however, highlighted vaccine deployment and investment as key to…

A strong rebound this year would still leave the world down with an estimated 10 trillion dollars due to the coronavirus pandemic and lockdowns, according to the United Nations Conference on Trade and Development (UNCTAD). Although the…

The global economy is set to grow by 4.7per cent this year thanks to a stronger-than-expected recovery in the United States, a report by the UN Conference on Trade and Development (UNCTAD) said on Thursday (Mar 18), revising up its previous…

The International Monetary Fund (IMF) has called for strong G20 policies, while warning of a dangerous divergence between and within economies. The IMF Managing Director, Kristalina Georgieva, made the call during the just…

The World Bank has projected that the global economy will expand by 4% in 2021, signaling a return to growth after the 2020  economic recession triggered by the coronavirus pandemic. However, it warns that substantial risks…

The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update released yesterday has projected that the Nigerian economy will grow by 1.5 per cent IN 2021, slightly lower than the 1.7 per cent it had predicted for the…