Key insights from 1st day of WEF special meeting in Saudi capital
Kristalina Georgieva stressed three economic priorities on inflation, fiscal buffers, and geopolitical fragmentation.
Mon Apr 29 2024
IMF chief sees higher chance of global growth below 2% in 2023
This was due to continued effects of the war in Ukraine and simultaneous slowdowns in Europe, China and the United States.
Fri Dec 02 2022
Rising interest rates in US will hinder foreign economies
The fallout can be felt beyond Americas borders, hitting shopkeepers in Sri Lanka, farmers in Mozambique and families in poorer countries around the world.
Thu May 05 2022
Besieged Ukrainians endure bombardments, with no breakthrough in talks
Putin's war in Ukraine enters its third week as hundreds of thousands of civilians remained trapped in Ukrainian cities.
Fri Mar 11 2022
No exit from zero-COVID: China struggles to find policy off-ramp
Kristalina Georgieva, managing director of the International Monetary Fund, called on China last week to "reassess" its approach.
Thu Jan 27 2022
IMF chief says Omicron could dent global economic growth
Omicron has spread rapidly to at least 40 countries since it was first reported in South Africa last week.
Sat Dec 04 2021
IMF's Georgieva accuses former World Bank President Kim's office of manipulation
Georgieva also accused the office of the World Bank's past president, Jim Kong Kim, of manipulation.
Sat Sep 25 2021
Low vaccination rates in some countries "dangerous" for everyone: IMF Chief
Georgieva noted that countries with more fiscal space and rapid vaccinations are coming out of the crisis faster.
Wed Jun 02 2021
Global economy's recovery hinges on stimulus, virus battle, officials say
Global finance leaders on Tuesday said the world economy had escaped a coronavirus-triggered collapse so far, but warned that failure to conquer the pandemic could crush a fragile recovery.
Wed Oct 14 2020
Climate change poses 'profound threat' to global growth - IMF chief
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.
Tue Oct 13 2020
World Bank says ready to mobilize financing for Lebanon blast recovery
The World Bank Group said on Wednesday it stands ready to assess Lebanon's damage and needs after a devastating Beirut port explosion.
Thu Aug 06 2020
IMF cancels debt payments for 6 months for 25 poor nations
The fund approved $500 million to cancel debt payments for 25 of the world's most impoverished countries so they can help tackle the COVID-19 pandemic.
Tue Apr 14 2020
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024