The International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same as forecast in April, but with some countries growing faster and others more slowly, IMF Managing Director Kristalina Georgieva
Governments in emerging markets, which have suffered an exodus of capital of more than $83 billion in recent weeks, can cover much of that, but "clearly the domestic resources are insufficient" and many already have high debt loads.
The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday.
Badiri Education and Development Academy, the knowledge and capacity building arm of NAMA Women Advancement Establishment (NAMA),
During its pioneering 50-year journey, Abu Dhabi Fund for Development (ADFD) has worked to support international efforts aimed at achieving sustainable development
Across the globe, following the pandemic outbreak, as people experienced a number of challenges at once — lockdowns, bereavement, job uncertainties,