US Treasury official Shannon Ding will serve as the acting representative for the US on the International Monetary Fund’s board, according to people familiar with the matter.

The Maldives' economy is expected to grow by 5 percent in 2025, driven by robust tourism activity. Nevertheless, macroeconomic imbalances have continued to widen and risks are tilted to the downside.

Now is a time of sweeping transformations in the global economy, in terms of technology, demography and geopolitics, creating a more challenging and uncertain environment for policymakers everywhere, ...