Global economic leaders gathered for the plenary of the IMFC in Marrakech, Morocco. Thousands of journalists, policymakers, bankers and civil society organizations are gathered there for the Annual Meetings of the IMF and World Bank. IMF<br /> <br />
The G20 finance ministers and central bank governors have adopted a roadmap for the implementation of a comprehensive policy framework for crypto assets. The roadmap, based on recommendations by the IMF and FSB, focuses on regulations rather than a ban to prevent crypto assets from destabilizing the economy. The G20 has called for swift and coordinated implementation of the roadmap, including policy frameworks, global coordination, and addressing data gaps.
South Asia News: Sri Lankan President Ranil Wickremesinghe will visit China next week to discuss debt restructuring talks with the country's biggest lender. Wickremesi
Bangladesh Bank introduced a new formula in June to determine the lending interest rate and brought about a single exchange rate recently but both are yet to be determined by the open market, the International Monetary Fund (IMF) has said.