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Pakistan’s finance minister to meet IMF in Geneva, with bailout stalled

Pakistan’s finance minister to meet IMF in Geneva, with bailout stalled

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – An International Monetary Fund (IMF) delegation will meet Pakistan’s finance minister on the sidelines of a conference in Geneva beginning on Jan. 9,…

U.S. likely headed for economic ‘soft landing’ -White House’s Boushey

U.S. likely headed for economic ‘soft landing’ -White House’s Boushey

© Reuters. FILE PHOTO: Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delawa By Andrea Shalal WASHINGTON (Reuters) -The U.S. economy appears headed for a soft landing,…

Mexico headline inflation seen speeding up in December, core index down: Reuters poll

Mexico headline inflation seen speeding up in December, core index down: Reuters poll

© Reuters. A man sells corn grains at a public market in Ozumba de Alzate, State of Mexico, Mexico, May 24, 2022. REUTERS/Edgard Garrido/File Photo MEXICO CITY (Reuters) – Mexico’s headline inflation likely accelerated in December after slowing its pace for two straight months, a Reuters poll showed Friday, reinforcing bets that monetary policymakers will…

China fx reserves rise $11 billion to $3.128 trillion in December

China fx reserves rise $11 billion to $3.128 trillion in December

© Reuters. U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration BEIJING (Reuters) – China’s foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other major currencies. The country’s foreign exchange reserves – the world’s largest – rose $11 billion…

Brazil’s VP says development bank should be strengthened to leverage the economy

Brazil’s VP says development bank should be strengthened to leverage the economy

2/2 © Reuters. FILE PHOTO: Geraldo Alckmin, newly elected Vice President of Brazil, waves before attending a meeting at the transition government building in Brasilia, Brazil December 13, 2022. REUTERS/Ueslei Marcelino 2/2 BRASILIA (Reuters) – Brazil’s Vice President Geraldo Alckmin said on Wednesday that the state-run development bank BNDES should reduce interest rates to lenders,…

Indonesia’s 2022 unaudited budget deficit at 2.38% of GDP -Finance Minister

Indonesia’s 2022 unaudited budget deficit at 2.38% of GDP -Finance Minister

© Reuters. FILE PHOTO: Indonesia’s Finance Minister Sri Mulyani Indrawati speaks during a side event on the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, 14 July 2022. Made Nagi/Pool via REUTERS By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia recorded a 464.3 trillion rupiah ($29.77 billion)fiscal deficit…