Tuesday 24 December 2024
 
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Emerging countries

Global economy ‘to grow at 3.1pc this year’

Global economic growth of is projected at 3.1 per cent this year, with economies in Asia, Sub-Saharan Africa, the Middle East and Latin America contributing more than half of this growth, a report said. The US and the euro area ar

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G20 boosts emerging countries’ power in IMF

Group of 20 finance leaders struck a landmark deal on Saturday to boost developing countries' power in the International Monetary Fund even as they failed to set targets for a wide-ranging global economic rebalancing. The IMF deal was hail

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