Cayman Islands IMF Newswire

IMF Projects National Economic Growth to Remain Robust in 2025

Syria isn't going to borrow from the International Monetary Fund or World Bank

(MENAFN) The head of Syria’s central bank, Abdul Qader Husariya, has announced that the country has no plans to take on debt from external sources. “Syria, by order of President Ahmad al-Sharaa, will not resort to external debt, nor will there be any …

Survey indicates German ship-out outlook slipping on trade concerns

(MENAFN) German exporters grew more pessimistic in June due to ongoing uncertainty surrounding potential US trade tariffs, according to a survey released by the Ifo Institute. Earlier in the year, US President Donald Trump introduced 20% tariffs on EU …

Putin clarifies consequences if West ‘robs’ Russia’s reserves

(MENAFN) President Vladimir Putin has warned that any Western move to confiscate Russia’s frozen sovereign assets would trigger a permanent global shift toward regional payment systems, a change he believes would ultimately benefit the global economy. …

Putin Says BRICS Outpaces G7 in GDP

(MENAFN) Russian President Vladimir Putin has declared that BRICS has overtaken the Western-led Group of Seven (G7) in terms of total GDP, signaling a dramatic shift in global economic influence. Addressing the 17th annual BRICS summit in Rio de Janeiro on …

Putin Says BRICS Surpasses G7

(MENAFN) Russian President Vladimir Putin declared that BRICS has already surpassed the Western-led Group of Seven when it comes to combined gross domestic product (GDP). Addressing the 17th annual BRICS summit in Rio de Janeiro via video link on Sunday, …

Putin states BRICS outperforming G7

(MENAFN) Russian President Vladimir Putin stated on Sunday that BRICS has overtaken the G7 in terms of total economic output, marking a significant shift in global power dynamics. Speaking via video at the 17th annual BRICS summit in Rio de Janeiro, he …

Russia’s International Reserves Hit New Peak

(MENAFN) Russia’s foreign currency reserves soared to an unprecedented USD687.7 billion by the end of June, the nation’s central bank announced on Thursday. More than USD300 billion of this sum remains frozen in Western countries due to the ongoing Ukraine …