Search results
Results From The WOW.Com Content Network
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
Country or currency union Central bank interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate
Net interest payments on the national debt exceeded $892 billion in the 2024 fiscal year. The IMF projects that by 2034, annual interest payments in the U.S. will hit $1.7 trillion and cumulative ...
No interest is payable on the XDRs allocated to a country by the IMF. However, interest is payable by an IMF member country that has exchanged (sold) some or all of the XDRs it was allocated, and interest is paid to a member country that holds more XDRs than it was allocated (i.e., the country that bought XDRs from another member). [3]
For premium support please call: 800-290-4726 more ways to reach us
The IMF also made upward revisions to its 2024 growth forecasts for India and China, which it now expects to expand by 7% and 5% respectively — up from forecasts of 6.8% and 4.6% in April.
The IFS is the IMF’s principal statistical publication, covering numerous topics of international and domestic finance. It includes, for most countries, data on exchange rates, balance of payments, international liquidity, money and banking, interest rates, prices, etc. [2] Most annual data begins in 1948, quarterly and monthly data dates back to 1957, and most balance of payments data ...
The IMF lifted its forecast for the euro area this year by a tenth of a percent to 0.9%, driven by stronger momentum in services in the first half of the year. Growth is projected to rise to 1.5% ...