Boosting economic growth? Creating more jobs? In order to provide and achieve that, the International Monetary Fund (IMF) works with governments around the world to modernize their economic policies and institutions. This helps countries strengthen their economy.
Growth? On one hand, there are countries emerging from long-term conflict period, that try to rebuild their economies; and on another hand, there are other countries with many million people, but only 10 percent, pay their taxes. It means that small amount of money gathered from taxes is not enough to build and maintain growth, infrastructure, and other essential services to its people.
IMF is facing these and many other challenges constantly. By working with government agencies and staff, the IMF helps countries manage revenues and budgets, modernize banking and legal systems, improve economic analysis and forecasting, and enhance the reporting of macroeconomic data, by arranging economical, political debates, consultation, and numerous meetings.
The IMF’s work enables governments to provide better services, such as schools, roads, and hospitals; it fosters a stable economic environment; and most importantly, it helps improve growth and create jobs. A clear example of such a situation is one young European country, that was supported by Japan and International Monetary Fund by providing financial resources to the banking system so that sector can get functional to the community.
Is having a financial contingency plan a smart business move?
One of the significant decisions to be taken when starting a business with risk is taking risks itself. A decision...
Prime Mining reports high grades in Los Reyes project in Mexico
Prime Mining Corp company has recently announced that it has mobilized the first two drill rigs at its site in...
Four trends transforming the world of venture capital
What lies ahead for conventional venture capital companies in the world of cryptocurrencies is not clear right now. Yet, it...
How are ESG company news deciphered with Artificial Intelligence
Thanks to the incredible progress in artificial intelligence (AI) observed in recent years, and more specifically in natural language processing...
Five easy ways to start an online business from home
Affiliate marketing is one of the most preferred methods of monetization of a blog. Blogging is one of the most...
Business7 days ago
Why small caps and value stocks appear to be now outperforming
Biotech5 days ago
Novartis invests $1.35 billion into a drug also designed for COVID-19
Featured6 days ago
77% of the companies in the Confidi network have started fintech projects
Featured7 days ago
Market update for Late November 2020