Keywords: IMF


Asia remains the main driver of global economic growth

The International Monetary Fund (IMF) said global economic growth slowed slightly in the second quarter of 2026, with Asia continuing to provide the largest contribution to worldwide expansion. Real global gross domestic product growth fell to 0.7% in the second quarter, compared with 0.8% during the......

Togo raises fuel prices as shrinking reserves test economic resilience

A sharper fuel-price squeeze is being felt across Togo as rising international oil costs put additional pressure on the government’s ability to cushion consumers. Since September 11, the price of a litre of unleaded petrol in Lomé has risen from 725 to 817 CFA francs, marking the second......

Morocco faces the challenge of financing its investment ambitions while managing sovereign debt

Morocco is entering a new phase of investment-led development, with major spending commitments in infrastructure, industry and public facilities reshaping the country's economic priorities. The challenge for policymakers is increasingly twofold: maintaining the pace of investment while keeping public......

Putin calls for UN Security Council expansion and reform of global institutions

Russian President Vladimir Putin has called for a broader transformation of the international system, urging the expansion of the United Nations Security Council and reforms to major global financial and trade institutions. Speaking at the 18th BRICS summit in New Delhi, Putin argued that the international......

Oxfam warns IMF austerity policies may deepen inequality

The International Monetary Fund has come under renewed criticism over the fiscal conditions attached to its lending programs, with Oxfam arguing that austerity requirements have become more demanding over the past decade and could place additional pressure on vulnerable communities. In a report and......

El Salvador’s bitcoin experiment reveals the risks of financial innovation

El Salvador made global history in September 2021 when it became the first country to adopt bitcoin as legal tender, launching one of the most closely watched experiments in the use of cryptocurrency at a national level. The government presented the move as an ambitious attempt to modernise the economy,......

Canada’s foreign exchange reserves reach $127.4 billion in August

Canada’s official foreign exchange reserves increased to approximately $127.4 billion in August 2026, marking a monthly rise of about $368 million, according to figures released by the federal Department of Finance. The country’s international reserves reached $127.406 billion at the end......

IMF places Morocco’s fiscal reform agenda among medium-term priorities

Morocco’s fiscal reform agenda has been classified as a medium-term priority by the International Monetary Fund (IMF), distinguishing the country from several major African economies where public finance reforms are considered more urgent. The assessment was included in an IMF report on achieving......

Ukraine: Parliament Blocks Tax Reform Linked to IMF and EU Funding

The Ukrainian Parliament failed on Tuesday, September 1, to adopt a tax reform intended to facilitate the unlocking of international funding, once again placing Kyiv in a delicate balancing act between budgetary constraints and the demands of its partners. The proposed legislation includes the introduction......