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WEO October 2022 Economic Outlook Report, “Confronting the Cost of Living Crisis”
WEO October 2022 Economic Outlook Report, “Confronting the Cost of Living Crisis” It was reported that with inflation higher than it has been in several decades, the global economy is slowing down broadly and more sharply than predicted. Russia’s invasion of Ukraine, the rising cost of living, tightening financial conditions in most areas, and the…
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IMF Loan Renewal for Pakistan
The IMF board accepted an agreement to resurrect a sizable loan package for Pakistan, in the wake of the heavy monsoon floods that have created an economic crisis. IMF increased the total size of the package by $500 million, bringing it to around $6.5 billion, and will deliver US$1.1 billion initially to Pakistan. …
