China is trying to tackle tens of billions of dollars of debt currently saddling local governments to prevent it from slowing ...

The International Monetary Fund, however, estimates LGFV debt amounted to 60 trillion yuan at the end of 2023, or 47.6% of ...

(Reuters) - China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing ...

Unemployment is 4.1% — quite low by historic standards. Among wealthy countries, only Spain will experience faster growth ...

Junk-rated dollar debt from developing nations is attracting fresh bets from money managers at UBS Asset Management, Lazard ...

The move is expected to provide relief to businesses and citizens, who have suffered from steep and sudden increases in ...

President William Ruto’s Economic Adviser David Ndii has advised him to stop taking more loans from the International ...

China's top legislative body, the standing committee of the National People's Congress (NPC), approved a bill on raising ...

International Monetary Fund data shows the global economy has stabilized since the pandemic shock four and a half years ago.

An economist says Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable.

On November 4, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV Consultation1 with Lao People’s Democratic Republic.