Latest
Ukraine
The IMF praised Ukraine’s government for steering the economic policy during wartime, even though the fund downgraded its growth outlook due to Russia’s strikes on energy infrastructure.
8h ago
Business
Eight potential owners were competing to buy the bank in a fire sale initiate following a criminal investigation in Poland – but there was a strong desire to purchase the bank long before the war.
12h ago
Europe
The IMF blasts Europe with criticism of low productivity and low freedom for capital, goods and services – it holds the economic growth back and makes Europe poorer than the US.
1d ago
Russia
Despite the 3.6% real GDP growth the IMF projects for Russia in 2024, the long-term economic prospects are constrained by high demand that local production and imports are unable to meet.
1d ago
Economy
Out of the $50 billion Ukraine is expecting, the US will provide $20 billion, the EU’s contribution is up to $35 billion, the UK $3 billion, while Japan and Canada have yet to announce their decisions
2d ago
Russia
Wages grow slower and labor markets tighten in Russia, while the country’s invasion of Ukraine has also led to signs of trade fragmentation, according to the IMF’s World Economic Outlook.
Oct. 23
US
The IMF’s World Economic Outlook claims the global battle against inflation has largely been won, with US growth on a steady trajectory.
Oct. 23
Business
Ukraine has never reached so far in the IMF Program Reviews, but the цar-torn country needs successful results now more than ever.
Oct. 22
IMF
Despite the war, macroeconomic and financial stability is being preserved in Ukraine, IMF Managing Director Kristalina Georgieva stated.
Oct. 19
Business
Following debates between the Ministry of Finance and lawmakers, Ukraine has scaled back its ambitious tax raising goal – to raise hundreds of billions in Hryvnia – by more than 80%. What’s next?
Oct. 19
Ukraine
European Commission President von der Leyen announced that having met its benchmarks, Kyiv would get another tranche out of the €50 billion Ukraine Facility program to finance Ukraine’s recovery.
Oct. 18
War in Ukraine
Despite accusations of corruption, Ukraine has done a great deal to increase the taxpayers' discipline while searching for more state revenue, according to the president's party lawmaker Hetmantsev.
Oct. 18
Russia
Despite Russia’s claims that its economy is doing great, economic data coming out of Russia would indicate that the economy is not only overheating, but may be beginning to implode.
Oct. 15
Economy
Ukraine’s labor market is being impacted by military mobilization and by skills shortages. So bosses are looking to hire more women, as well as teenagers, to fill the gaps.
Oct. 13
Economy
Joint funding from the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) promises a significant increase in the telecoms group’s market share.
Oct. 12
Drones
A Ukrainian lawmaker said surplus drone exports could bring Ukraine up to $20B in revenue, which the country could theoretically reinvest into domestic arms manufacturing.
Oct. 10
Despite the 3.6% real GDP growth the IMF projects for Russia in 2024, the long-term economic prospects are constrained by high demand that local production and imports are unable to meet.
1d ago