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Meteorology will be key in global climate change fight

Location:

INTERNATIONAL

The outgoing WMO head, Michel Jarraud, has placed strong emphasis on upgrading observational infrastructure and working methods of the meteorological profession to help countries…

Chile economic outlook will be challenging this year

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CHILE

However, it now anticipates that the contraction will be 1.0%, down from a previous forecast of 1.5%. This is in line with recent Chilean Central Bank forecasts of a…

Prospects for the global economy in 2016

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PROSPECTS 2016

Prospects for the global economy in 2016.

COVID-19 adds to Afghan fiscal and political pressures

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AFGHANISTAN

The government is struggling to manage the health crisis and is distracted by peace negotiations, the impending US troop withdrawal and its own factional infighting.

Costa Rica’s economy looks set for a strong recovery

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COSTA RICA

GDP posted growth of 9.4% year-on-year in the second quarter, the highest rate in 23 years. According to high-frequency data, economic recovery appears to have continued between…

Greek crisis will test IMF governance

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INT/GREECE

However, negotiations will go ahead, notwithstanding Fund staff's recent misgivings on Greece's debt sustainability. Broader issues are whether the IMF's role as lender of last…

Overreliance on IMF forecasts for India is ill-advised

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INDIA

IMF projections on India's GDP growth between 2006 and 2013.

Even if politicians deal, Lebanon faces a bleak future

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LEBANON

The audit and wider structural economic reforms are preconditions for urgently needed foreign aid. Economic conditions in Lebanon are still worsening, with power cuts, food…

IMF agreement does not end Ecuador’s funding concerns

Location:

ECUADOR

This Fund-supported programme will help Ecuador address the economic shock caused by the sharp drop in oil prices and the COVID-19 pandemic. It also paves the way for the…

Economic demise set to continue, but farming is a hope

Location:

UKRAINE

The hryvnia crisis, which has seen the currency's value plummet, has deepened. However, as reported by Reuters, the NBU decision was suddenly reversed following heavy criticism…