ECONOMYNEXT – Active credit cards in Sri Lanka rose by 2.8 percent or 53,045 in 2024, the latest Central Bank data showed, with the island nation’s economic recovery and strong promotions for credit ...

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do ...

The vague language of El Salvador's $1.4 billion deal with the IMF may imply that it might stop buying Bitcoin at some point, ...

President John Dramani Mahama has indicated the possibility of refining the country's $3 billion bailout program with the ...

Social welfare costs from bank resolution, including contagion and moral hazard, are often thought to be minimized when supervisors can direct the merger of a failing bank with a sound, healthy one.

Following the request for a Staff-Monitored Program (SMP) by the authorities in 2023, an International Monetary Fund (IMF) staff team ...

Ghana President John Mahama discusses plans to refine the nation's $3 billion International Monetary Fund bailout, saying that additional funds are "not off the table." Under the current IMF program, ...

President Prabowo Subianto introduces the free nutritious meals program as a transformative initiative under his ...

President Prabowo Subianto reiterated Indonesia’s desire to join the Organisation for Economic Co-operation and Development ...

Germany's constitution stipulates that the state should only spend as much as it collects. But as the budget deficit grows, some parties are calling for reform.

Adesi succeeds longtime Omega director Oscar Mireles, just as the school becomes part of the Madison-based Literacy Network.

Prime Minister Trudeau, in his February 1 press conference, issued the ‘call to arms’ in an economical fashion, saying, “It's time to choose Canadian products and support Canadian businesses, to ...