Please try another search
Economy15 minutes ago (Oct 03, 2022 08 22 PM EST)
© Reuters. FILE PHOTO: A participant stands near the IMF logo at the IMF-World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes Christo
via Andrea Shalal
WASHINGTON (Reuters) – As Russia’s war on Ukraine continues Moving on, the Executive Board of the International Monetary Fund (IMF) will consider Ukraine’s request for $1.3 billion in additional emergency funding on Friday, two sources familiar with the matter said. Sources told Reuters further emergency funding.
An IMF spokesman declined to comment.
IMF staff are scheduled to meet with Ukrainian authorities in Vienna the week of Oct. 17 to discuss Ukraine’s budget plan and monetary policy, one of the sources said. Discussions will follow a higher-level meeting next week during the annual meetings of the World Bank and the International Monetary Fund.
IMF officials praised Ukraine’s government and its central bank for managing the economic shock of February’s Russian invasion of the country.
The IMF provided Ukraine with $1.4 billion in emergency aid in March, shortly after the war began.
Ukrainian officials are seeking additional non-emergency funding from a full-fledged IMF loan program, but such a program may come at a later date.
The third consecutive factory activity in South Korea in September Month Weakening – PMI Reuters
– October 3, 2022
SEOUL (Reuters) – South Korean factory activity shrank by a third in September amid weak global demand One month in a row at the fastest pace in more than two years,…
Consumer prices in Japan’s capital rose fastest since 2014 Reuters – October 3, 2022 2
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) – Core consumer prices in Tokyo, a leading indicator of national inflation, rose 2.8% y/y in September,…
Brazilian market hits record Best day of 2020 as Bolsonaro outperforms polls Reuters – October 3, 2022 Day 8
Author: Tatiana Bautzer, Camila Moreira and Gabriel Araujo São Paulo (Reuters) – Brazilian markets surged on Monday as President Jair Bolsonaro delivered a stronger-than-expected performance…