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According to Bank Negara Malaysia, projected foreign currency inflows amount to US$2.49 billion in the next 12 months.

The meeting will also focus on improving international monetary and financial system, global economic prospects, BRICS countries' economies.

The net short forward positions stood at US$29.29 bln as at end-July 2024, reflecting the management of ringgit liquidity in money market.

BNM said for the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities, and deposits.

Bank Negara Malaysia said the reserves position was sufficient to finance 5.5 months of imports of goods and service.

The International Monetary Fund and South Sudan have reached a staff-level agreement for the release of about $112.7 million in emergency financing.

Malaysia believed that the establishment of an international monetary cooperation mechanism should be considered to ensure a more effective, equitable financial system.

Malaysia has proposed for the UN member countries to establish an International Monetary Cooperation mechanism to address various economic issues, including the rising global inflation.

Supply chain disruptions, rising inflation as well as the conflict between Russia and Ukraine have raised concerns over the gloomy global economic outlook.

Wickremesinghe has been involved in negotiations with the International Monetary Fund for a bail out package worth up to $3 billion.

Kristalina Georgieva, managing director of the International Monetary Fund, called on China last week to "reassess" its approach.

International bodies such as the World Bank and the International Monetary Fund have revised upwards real GDP growth projections for Malaysia in 2021 up to 6.7 and 7 per cent, respectively.

Even the World Bank and International Monetary Fund have acknowledged that countries need to ramp up the deficit and borrow more.

Azmin Ali said the outlook for 2021 is expected to be better as the World Bank and International Monetary Fund (IMF) forecast.

Climate change poses a serious threat to global growth, the head of the International Monetary Fund said on Monday, urging the world's top emitters to agree on a floor for carbon prices.

Trump's threats are no way to treat an ally, but unfortunately for him, international law is on Canada's side.

Study suggests that environmental factors, particularly air pollution may be driving the rise in non-smoking-related lung cancer.

Hundreds of thousands of people are now living in makeshift accommodation, including churches and hospitals, according to UNHCR.

The result is due to be announced on March 9.

Trump says US troops would not be part of any security presence in Ukraine.

Over the next decade, AI is expected to redefine job roles rather than eliminate them.

While OpenAI claims its tool rivals human analysts, AI inevitably lacks judgement, scrutiny and expertise that make good research valuable.

The power of music comes from our choices in what to listen to and the human agency we express in this act.

Nearly 700 boats carrying more than 36,800 people crossed the Channel between France and Britain in 2024.

Sovereign wealth funds are usually associated with great wealth - Norway's 'oil fund' is estimated to be worth US$1.7 trillion.