Families hurting from high prices — IMF

Families are hurting from high prices, the Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, said yesterday, at the ongoing Annual Meetings of the IMF/World Bank in Washington DC. Speaking at the Global Policy Agenda 2024 briefing, the MD said that the global economy was faced with being stuck on the path…

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IMF lowers borrowing costs by 36%

The Executive Board of the International Monetary Fund (IMF) has approved to lower the IMF’s borrowing costs for members by 36 per cent, or about 1.2 billion dollars annually. A statement, issued by the IMF Press Centre, said this was the outcome of the fund’s Board Review of Charges and the Surcharge Policy on Friday….

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