EM securities attract $15.1bn in July in continued stretch of positive inflows: IIF
Recovery will be dependent on EM complex’s capacity to put in place efficient policies that speed up recovery, says institute
Latest in Tag: The Institute of International Finance Highlight
Latest in Tag: The Institute of International Finance
IMF to approve $2.8bn for Egypt in next few weeks: IIF
The funds, which are 100% of the quota, will be made available for Egypt to address the economic impacts of the ongoing coronavirus (COVID-19) pandemic.
IIF expects Egypt’s GDP to reach 3.2% in 2020
Institute projects economic contraction in emerging markets this year, with global GDP growth of -2.8%
Egypt, MENA growth forecast at 2.7%, -0.3% respectively: IIF
Egypt likely to see significant drops in Suez Canal transit revenue, trade, FDI, tourism flows, and remittances
IIF downgrades global growth forecast for 2020 to 0.4%
IIF maintains expectations for recovery in 2H 2020
Declining global interest rates to encourage hard currency borrowing in EM: IIF
Notably, China’s share of inbound FDI rose steadily from 5.4% in 2013 to 10.5% in 2017.
IIF expects world Brent oil prices to average $65/b in 2019, $62/b in 2020
“We expect growth in US crude oil production to decelerate from 1.6m bpd in 2018 to 1.3m bpd in 2019, 0.9m bpd in 2020,” says IIF
Portfolio inflows to emerging markets reach $25bn in March: IIF
Equity, debt inflows reach $8bn, $18bn, respectively
Progress accomplished in Egypt’s structural reforms, few challenges remain unaddressed: IIF
Institute advised Egyptian government to focus on essential challenges that still remain unaddressed