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  2. May 14, 2024 · 10. Illinois. +1.3%. $876B. U.S. +2.5%. $22.4T. Delaware witnessed the slowest growth in the country, with real GDP growth of -1.2% over the year as a sluggish finance and insurance sector dampened the state’s economy. Like Delaware, the Midwestern state of Wisconsin also experienced declines across the finance and insurance sector, in ...

  3. 3 days ago · The Special Drawing Right (SDR) is an interest-bearing international reserve asset created by the IMF in 1969 to supplement other reserve assets of member countries. The SDR is based on a basket of international currencies comprising the U.S. dollar, Japanese yen, euro, pound sterling and Chinese Renminbi.

  4. May 12, 2024 · Introduction. The International Monetary Fund, or IMF, is an international organisation that encourages sustainable economic growth, financial stability, and prosperity for all of its 190 member countries. These member countries work together through the IMF to stabilise the world economy and achieve global economic growth.

  5. May 9, 2024 · To date, 37 countries — 31 of them in Africa — have debt-relief for which they were eligible through the HIPC Initiative and the MDRI. But challenges remain to ensure that debt burdens do not return to unsustainable levels. The World Bank, the International Monetary Fund (IMF) and other multilateral, bilateral and commercial creditors began ...

  6. 1 day ago · The IMF is an international organisation with 190 member countries, including the UK. They work together to try to stabilise the global economy. One of the Fund's jobs is to advise its members on ...

  7. Apr 24, 2024 · Economic growth projections by the IMF for major nations are mixed, with the majority of G7 and BRICS countries forecasted to have slower growth in 2024 compared to 2023. Only three BRICS-invited or member countries, Saudi Arabia, the UAE, and South Africa, have higher projected real GDP growth rates in 2024 than last year.

  8. May 15, 2024 · Amid exceptional uncertainty, the global economy is projected to grow 5.5 percent in 2021 and 4.2 percent in 2022. The 2021 forecast is revised up 0.3 percentage point relative to the previous forecast, reflecting expectations of a vaccine-powered strengthening of activity later in the year and additional policy support in a few large economies.

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