Context The International Monetary Fund (IMF) has warned that Maldives needs “urgent and stronger” fiscal consolidation to salvage its troubled economy despite a thriving tourism industry. The IMF said overall fiscal deficits and public debt are projected to stay elevated …
The World Economic Outlook (WEO) is an International Monetary Fund’s report that provides analysis and forecasts of economic developments and policies in its member countries. The report encapsulates the state of the global economy and highlights risks and uncertainty that …
What’s in the news? The International Monetary Fund has upgraded its outlook for the world economy this year, envisioning resilient growth led by the United States and a slower pace of inflation. In its latest World Economic Outlook, the 190-country …