IMF calls for strengthened regional integration in Asia to address tariffs

IMF projects Asia and Pacific to grow by 3.9 pct this year amid surging trade tensions

WASHINGTON, April 24 (Xinhua) -- The International Monetary Fund (IMF) on Thursday projected that growth in Asia and the Pacific will slow to 3.9 percent this year amid escalating trade tensions, marking a 0.5 percentage point decline from its previous projection. Read full story

Washington, 24 Apr (EFE).- The International Monetary Fund (IMF) this Thursday called for strengthening the regional integration of Asian countries to face the trade war, as it predicts that the impact of tariffs on this territory, which concentrates large exporting economies, will be greater than in other regions. Among other things, the agency urged the countries of the region to strengthen their economic ties and to bet on a more balanced and…

IMF Concerned for Pakistan’s Trade Outlook Amid India Tensions

The International Monetary Fund (IMF) has voiced concern over Pakistan’s trade outlook, warning that ongoing global tariff wars and rising tensions with India could impact Pakistan more than the regional average. The remarks came from Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, during a press briefing on the Regional Economic Outlook. Responding to a question about the fallout of the tariff conflict, Azour stated …

Trade tensions to affect Pakistan more in region: IMF

ISLAMABAD: “Amid global tariff war, trade tensions will affect Pakistan maybe more than the average in the region.” This was stated by Jihad Azour, Director of Middle East and Central Asia Department, International Monetary Fund (IMF) during a press briefing on the Regional Economic Outlook for the Middle East and Central Asia. Replying to a question regarding impact of global tariff war on Pakistan, Azour said that of course trade tensions will…

IMF praises GCC economic diversification efforts

IMF calls for internal GCC trade ‘A lot of praise to offer’ – IMF director Lower oil prices have big impact Senior International Monetary Fund officials commended Gulf states this week for their efforts to expand sources of economic growth and fiscal revenue beyond oil. They also urged more intra-GCC trade, as global commerce is roiled by steep and volatile US tariffs. “I have a lot of praise to offer because they have been pursuing reforms and …

IMF Says Asia Can Cut Rates to Cushion Economy From Tariff Shock

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