Displaying items by tag: IMF

The International Monetary Fund, in its latest update of data regarding world inflation, places El Salvador in an inflationary decrease of 1.7 points, being the lowest in Central America.

The International Monetary Fund (IMF) has adjusted its growth estimates for El Salvador and now expects the country's economy to grow 3% by the end of 2024, reflecting the current dynamism of the salvadoran economy and approaching the 3.5% to 4.0% range projected by the Banco Central de Reserva.

According to a report by EFE news agency, the International Monetary Fund (IMF) said thursday that addressing the risks derived from bitcoin, the official currency in El Salvador, is a "key element" of the talks it is having with the government of salvadoran President Nayib Bukele for an economic agreement.

The International Monetary Fund (IMF) in its latest economic projections report 2024 places Latin America and the Caribbean with a growth of 1.9% in 2024, and an increase of up to 2.5% in 2025, which implies a reduction for 2024 of 0.6 percentage points with respect to the report's projection in 2023.

Global public debt is expected to reach a staggering US$97.1 trillion by the end of this year, a significant increase over the pre-pandemic level.

Near-term inflation expectations rose sharply in many economies amid the post-pandemic economic recovery and large cost shocks in 2022 (from surprise energy and commodity price hikes and supply chain disruptions).

In the first presentation of the Economist Week 2023, which is called "Economic Productivity in El Salvador", the President of the Colegio de Profesionales en Ciencias Económicas (COLPROCE), Oscar Cabrera, explained that El Salvador is in a trap of low growth and low levels of labor productivity.

According to International Monetary Fund (IMF) projections, growth in Latin America will slow from a remarkable 4% in 2022 to 1.6% this year.

According to the International Monetary Fund (IMF), explained in its mission inside the salvadoran nation that the country's banking sector remains healthy, but timely measures are required to reestablish financial stability buffers.

The International Monetary Fund (IMF), during its visit to El Salvador, said that given demographic trends, it is still necessary to strengthen the incentives and financial sustainability of the pension system to limit contingent liabilities and encourage the development of the capital market.