A new Government of National Unity (GNU) has been in place since June 2024, which the markets have welcomed. The GNU faces difficult challenges: declining GDP per capita, high unemployment, poverty ...

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with South Africa.

Sources: Bloomberg, Haver, National Treasury South Africa, SARB, World Bank, and IMF staff calculations. 1/ Per-capita GDP figures are computed using STATS SA mid-year population estimates. 2/ ...

U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth as investment fell on inventory declines.

While Israeli banks have demonstrated resilience in some areas, the combination of geopolitical instability and economic fragility raises pressing questions: Can Israeli banks withstand these ...

El Salvador scales back Bitcoin law, making BTC acceptance voluntary while securing an IMF deal, yet remains committed to crypto adoption.

Pakistan cannot afford the risk of exiting the International Monetary Fund (IMF) programme with $100 billion in external financing requirements in the short to medium term, said Minister of State for ...

A cabinet minister has feared misuse of 63% of cheaper industrial gas in power generation by factories, stating that owners of captive power plants (CPPs) may exploit any lacuna and can also try to ...

ISLAMABAD: Senator Faisal Vawda has claimed to have received death threats from the Federal Board of Revenue (FBR) over his criticism of the board’s plan ...

The country has achieved a significant milestone in its debt restructuring efforts as all participating creditor countries have now signed the Memorandum of Understanding (MoU) with the Official ...

Kristalina Georgieva, managing director of the International Monetary Fund, is scheduled to make a two-day visit to Addis ...

Islamabad, Jan 30 (PTI) A minister said Pakistan cannot afford the risk of exiting the International Monetary Fund (IMF) ...