Tag: Global Economy
SAMA Governor & ECB President discuss developments in central banking
Saudi Central Bank (SAMA) Governor Ayman Al-Sayari has received European Central Bank (ECB) President Christine Lagarde at SAMA headquarters in Riyadh.
During the meeting, the...
Global trade hit record $7.7trln mark in Q1 2022; UNCTAD
According to the UN Conference on Trade and Development (UNCTAD), the value of global trade rose by almost 15 percent to a record $7.7...
IMF urges for urgent action plans to restore global economy
The International Monetary Fund (IMF) has pointed out that urgent policy action is required to control the COVID-19 pandemic, limit economic scarring and transform...
The global growth rate for this year would remain at 6%;...
The International Monetary Fund’s (IMF) Managing Director (MD) and Chairwoman, Ms. Kristalina Georgieva has stated that the IMF estimates that global growth will be...
G7 nations are close to a breakthrough global tax deal of...
The Group of Seven (G7) rich nations are on the verge of seeking to overcome long-standing differences and enter into a landmark deal to...
G7 countries near decision to levy corporate tax from multinationals
The Group of Seven (G7) top advanced economies are close to making a decision on the corporate taxation of multinationals, nearing a global deal...
IMF puts forward $50bn worth plan to end global health crisis
The International Monetary Fund (IMF) has proposed a $50 billion program to combat the COVID-19 pandemic, in order to expand immunization campaigns across the...
UN ups 2021 global growth outlook as US, Chinese economies roar...
The United Nations (UN), an intergovernmental organization, has responded to the rebounding Chinese and US economies by revising its global economic forecast upward to...
