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Top News In Wbnk Today - Breaking & Trending Today

Africa needs bilateral help to cope with major funding squeeze, IMF says

Africa is facing a severe financing squeeze that, on the back of a series of unprecedented shocks, is disrupting economic growth and endangering its long-term development, the International Monetary Fund's (IMF) top official for the region said. ....

World Bank , District Of Columbia , United States , Joe Bavier , Paul Simao , Thomson Reuters Trust Principles , African Department , International Monetary Fund , Saharan Africa , Regional Economic Outlook , Sub Saharan Africa , Thomson Reuters Trust , Rsbi Climate Change , Rsbi Climate Solutions , Sustainable Business ,

Yellen says IMF has adequate resources, but needs quota reform

The International Monetary Fund's steering committee on Friday said would accelerate its discussions on quota reforms at the global lender with an eye to making "considerable progress" by their next meeting in October. ....

World Bank , District Of Columbia , United States , Chizu Nomiyama , David Lawder , Janet Yellen , Thomson Reuters Trust Principles , International Monetary Fund , Secretary Janet Yellen , Thomson Reuters Trust ,

IMF sees BOJ keeping negative rates, scope for tweak to yield cap

The Bank of Japan is likely to maintain negative short-term interest rates until inflation durably hits 2%, but could allow long-term yields to move more flexibly around its target, a senior International Monetary Fund official said on Friday. ....

United States , Leika Kihara , Kazuo Ueda , Ranil Salgado , Jane Merriman , Thomson Reuters Trust Principles , International Monetary Fund , Governor Kazuo , Thomson Reuters Trust ,

South Africa's finance minister rules out recession this year

South Africa will not fall into recession this year despite a gloomy International Monetary Fund (IMF) forecast and a contraction in the last three months of 2022, its finance minister told Reuters in an interview on Friday. ....

South Africa , United States , Joe Bavier , Paul Simao , Enoch Godongwana , International Monetary Fund , Thomson Reuters Trust Principles , Finance Minister Enoch Godongwana , Thomson Reuters Trust , Repi Grid Infrastructure , Repi Coal ,

New BOJ chief vows to keep stimulus, shuns premature tightening

Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank must pay more attention to the risk of failing to meet its 2% inflation target with premature monetary tightening, rather than being behind the curve in combating too-high price growth. ....

United States , Shunichi Suzuki , Leika Kihara , Kazuo Ueda , Leslie Adler , David Lawder , Sam Holmes , Jacqueline Wong , Group Of Seven , Thomson Reuters Trust Principles , Japan Governor Kazuo Ueda , Finance Minister Shunichi , Thomson Reuters Trust , Rsbi Sustainable Sourcing ,