Growth inAsiaduring the first half of this year has slowed to its lowest rate since the start of the global financial crisis, and only a modest and gradual pick up is expected next year, the IMF said. And, the International Monetary Fund offered a mixed outlook for theMiddle Eastregion. IMF
The International Monetary Fund (IMF) presented a gloomier picture of the global economy than a few months ago, saying prospects have deteriorated further and risks increased. Overall, the IMF's forecast for global growth was marked down to 3.3 percent this year and a still sluggish 3.6 percent in 2013. IMF
Growth in Asia is expected to pick up this year, after slowing in the last quarter of 2011, but Asian leaders now face the difficult task of adjusting policies to support stable, non-inflationary growth, says the International Monetary Fund (IMF). IMF
UNICEF on Friday launched an appeal for (USD) $1.28 billion this year, saying that a third of the money was needed to help children in the drought-stricken Horn of Africa. The UN children’s fund said UNICEF expects to help about 97 million people in 25 countries and territories in 2012. CH UNTV
The latest report on Humanitarian Action for Children says the ongoing crisis in the Horn of Africa will remain a significant part of UNICEF’s global humanitarian response in the coming year. UNICEF is asking for (USD) $1.28 billion to meet the needs of the most vulnerable children and their families in 25 countries and territories. [...]
With increasing financial turbulence in the euro area and growth slowing in the United States, Asia is facing rising risks to its growth, says the International Monetary Fund in its latest Regional Economic Outlook for the Asia and Pacific region. IMF
The latest UN regional social and economic report released Thursday said that Asia-Pacific developing countries will continue driving the global economy in 2011, however high food and fuel prices, and volatile capital inflows pose fresh challenges. UNTV
The IMF said today that after reaching a rate of 8.3 percent in 2010, GDP growth in Asia is projected to average nearly seven percent in both 2011 and 2012. IMF
Countries in the Caucasus and Central Asia (CCA) are seeing a second year of strong growth following the crisis, but the region must tackle inflation and other issues if it is to sustain the recovery, the IMF said today in its latest forecast for the region. IMF
The IMF says that it supports the People’s Bank of China’s decision to raise interest rates for the first time in three years. It upgrades its growth forecast for Asia to 8% but warns that inflationary pressures are beginning to build in the fastest-growing region of the world. IMF