United Nations Economic and Social Council
Breaking: 56% of Experts Predict Global Economic Downturn in 2024 – AI Takeover Unveiled at Davos!
Leaders and influencers from across the globe have convened in Davos for the World Economic Forum, focusing on crucial topics such as artificial intelligence, disinformation, conflicts in Gaza and Ukraine, the debt crisis, and climate issues.
AI to impact 60 pct of advanced economy jobs: IMF chief
Artificial intelligence (AI) will impact 60 percent of jobs in advanced economies, IMF Managing Director Kristalina Georgieva has told AFP.
"Advanced economies, some emerging markets, are going to see 60 percent of their jobs impacted," she said in an interview in Washington, citing an IMF report.
Greece pays off more dues early
Greece proceeded on Friday with the early repayment of two installments of bilateral loans, as it had long planned, almost halving its financing needs for the next two years, while deflating the cushion of cash reserves, which was designed to decrease after the recovery of investment grade.
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IMF: Serbian unemployment rate to be 9.1 pct at end-year
WASHINGTON - In its latest forecast, released on Monday, the International Monetary Fund (IMF) said the Serbian unemployment rate would be 9.1 pct at the end of this year.
The IMF also said the euro zone average jobless rate was projected at 6.6 pct, ranging widely from 3.5 pct in Germany to 11.8 pct in Spain.
IMF wants Member Contributions to Increase by 50%
The International Monetary Fund wants to increase contributions by its members by 50% to provide a financing resource to countries that need its help.
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Brnabic meets with IMF delegation
BELGRADE - Serbian PM Ana Brnabic met on Monday with an International Monetary Fund (IMF) delegation headed by Donal McGettigan as part of a second review under an approx. 2.4 bln euro arrangement approved by the IMF to Serbia in December last year in support of an agreed economic programme.
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Mali: Serbia on right track, we are watching global developments closely
BELGRADE - Serbian Deputy PM and Finance Minister Sinisa Mali met on Friday with an International Monetary Fund (IMF) delegation headed by Donal McGettigan to discuss all outstanding issues and the IMF's interest in important economic matters for Serbia.
IMF mission to begin official visit to Serbia Thursday
BELGRADE - An International Monetary Fund mission will on Thursday begin an official visit to Serbia that ends on October 31.
The visit will start with a plenary meeting of IMF and National Bank of Serbia delegations, scheduled for 9 am.
The IMF delegation will be headed by Donal McGettigan.
Mali: Serbia's financial, economic results recognised by IMF, WB
MARRAKESH - Serbian Deputy PM and Finance Minister Sinisa Mali said on Wednesday he had had excellent meetings with high-ranking officials of the International Monetary Fund and the World Bank as part of his attendance at the WB-IMF Annual Meetings in Marrakesh.
He said the IMF and the WB had recognised the results achieved by Serbia.
Pakistan shopkeepers strike nationwide over inflation
Thousands of Pakistan traders shuttered their shops on Sept. 2, striking over soaring energy and fuel bills stirring widespread discontent ahead of national elections.
Decades of mismanagement and instability have hobbled Pakistan's economy, and this summer Islamabad was forced into a deal with the International Monetary Fund (IMF) to avert default.