As usual, #IMF enforcing capitalists' debts over #Pakistan by forcing #austerity over a #ClimateCrisis stricken country, while (2 years on) promised funds by international banks remain #Greenwashing stunts.
'..why there has been a delay, Mr Ye said that the amount pledged was for reconstruction.. "..the new climate risk profile and the possibility that these areas may be flooded again,”...'
#BRICS vs #G7
GDP Growth Forecasts for 2024 #IMF has released its real gross domestic product (GDP) growth forecasts for 2024, and while global growth is projected to stay steady at 3.2%, various major nations are seeing declining forecasts.
It's just a prediction, though.
IMF promotes propaganda whenever it can.
For the last two years it has been revising its forecasts, especially for #Russia every 2-3 months, so presumably BRICS numbers here will be much higher at the end. #Endgame
The #UnitedStates will impose sanctions on Iran’s missile & drone program, as well as entities supporting the Iranian regime or military, #NationalSecurity adviser Jake Sullivan announced late Tues.
Earlier in the day, #Treasury Secretary Janet Yellen said additional sanctions on Iran would be forthcoming in retaliation for its attack against Israel over the weekend.
#US ofcls & their #EU#allies are discussing potential #economic responses to Iran, as leading Western ofcls converged on Washington for the spring meetings of the % #IMF & #WorldBank. Their options are limited because #Iran is already one of the most heavily penalized countries in the world, w/ US #sanctions in effect on its #banking, #manufacturing & #energy sectors.
The International Monetary Fund (IMF) predicts that Ukraine's gross domestic product (GDP) will grow by 3.2% in 2024 and by up to 6.5% in 2025 even as the country continues to grapple with the full-scale invasion.
#Introduction - I'm building #autonomous#communication infrastructure in the #global south and writing a petition to the #IMF#World#Bank in line with the letter by Budhoo (1990), and specifically demanding the IMF/WB restructure according to the original bancor plan proposed by Keynes before it was butchered at Bretton Woods, and #organizing with poor and working people to leverage a general strike big enough to ensure that our petition is not ignored-and that there are consequences if it is.
The executive board of the International Monetary Fund (IMF) approved a third review of Ukraine's $15.6 billion loan program. This decision enables the release of $880 million designated for budget support.
Just had a video call on #Signal with Buba Kuteyah, who lives in the #Gambia and has neither refrigeration nor running #water, as is typical in his area. He and I are writing a petition re: GSRMs to the #IMF & WB and organizing a global general strike. Until we have the numbers to ensure this petition will be heard and addressed appropriately, we are building autonomous mesh network communications infrastructure to mediate free south-to-north labor organization.
2023 saw the #MiddleEast pivot to #Asia accelerating significantly.
According to the 2023 report by #AsiaHouse - independent think tank & advisory service that enables commercial, political, and economic engagement between Asia, the Middle East & Europe.
#Trade between these regions increased by 34.7% from US$383bn in 2021 to US$516bn in 2022 & is growing faster than previous reports’ projections.
IMF expects Ukrainian economy to grow by 3.2% in 2024, by 6.5% in 2025 (kyivindependent.com)
The International Monetary Fund (IMF) predicts that Ukraine's gross domestic product (GDP) will grow by 3.2% in 2024 and by up to 6.5% in 2025 even as the country continues to grapple with the full-scale invasion.
Shmyhal: Ukraine receives $880 million from IMF (kyivindependent.com)
The disbursal was the third such tranche of the Extended Fund Facility (EFF), bringing the total distributed so far to $5.4 billion.
IMF approves $880 million loan payment for Ukraine (kyivindependent.com)
The executive board of the International Monetary Fund (IMF) approved a third review of Ukraine's $15.6 billion loan program. This decision enables the release of $880 million designated for budget support.