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PETALING JAYA: The issuance of government bonds is expected to rise significantly although the corporate bonds market looks less promising due to slower economic activities brought on by Covid-19.
WASHINGTON (Xinhua): Anti-globalization sentiment will rise due to the Covid-19 pandemic, and intra-regional trade will become very important for Asian countries, said an International Monetary Fund (IMF) official, urging them to further open up their markets to each other.
BANDAR SERI BEGAWAN, June 30 (Borneo Bulletin/ANN): The International Monetary Fund (IMF) is projecting a deeper recession in 2020 and a slower recovery in 2021.
KUALA LUMPUR: Malaysia’s international reserves remained usable as at end-May 2020, with official reserve assets at US$102.95 billion, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format.
HANOI (Vietnam News/ANN): Vietnam's gross domestic product (GDP) expanded 1.81 per cent year-on-year during the first half of this year, the lowest six-month growth pace since 2011, according to the General Statistics Office (GSO).
HANOI, June 29 (dpa): Vietnam's gross domestic product (GDP) grew by just 0.36 per cent in the second quarter of 2020, marking the lowest economic growth over this period in 10 years, according to a government report released on Monday.
KHARTOUM (Reuters) - Sudan's finance ministry said on Sunday it would take control over all state firms, including ones owned by the security forces, as it works to straighten out the country's faltering economy and open it up to foreign financing.
Without household spending, the government’s stimulus measures will fall flat on its face as one of the desired outcomes is to help businesses pick up.
WASHINGTON: The International Monetary Fund (IMF) has approved a US$5.2bil stand-by arrangement for Egypt, boosting the most populous Arab country’s ability to tackle economic challenges posed by the coronavirus.