IMF, ADB set sights on $37m Solomon Islands aid audit
The International Monetary Fund (IMF) and Asian Development Bank are poring over a highly critical audit of a multimillion-dollar COVID-19 aid package in Solomon
IMF
PNG’s Economic Outlook remains positive, says IMF report
Papua New Guinea Prime Minister James Marape has welcomed an International Monetary Fund (IMF) report indicating that Papua New Guinea’s economic outlook remains positive. The IMF report, released Saturday,
Pacific Islands nations should consider debt-for-nature deals to lower borrowing costs, IMF says
Pacific Islands nations most at risk from rising seas should consider novel debt-for-nature deals as high debt levels across the region make traditional loans unsustainable, a senior International Monetary Fund official
Samoa no longer in ‘debt distress’: Minister
Samoa has been taken off the list of “debt distress” nations and is now eligible to apply for loans from the International Monetary Fund or the World Bank. The Minister of Finance, Lautimuia Uelese
IMF lowers global economic growth outlook as ‘fog thickens’
The International Monetary Fund (IMF) forecast in their latest World Economic Outlook published on Tuesday, that global growth will bottom out at 2.8 percent this year before rising modestly to around three percent in