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Top related persons:
Sri Mulyani Indrawati - 1 CNBC's - 1 Joko Widodo - 1 Prabowo Subianto - 1 Subianto - 1 Widodo - 1 Gareth Leather - 1 Indrawati - 1
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Search resuls for: "Gareth Leather"


5 mentions found


☆ Fearful of the 'middle-income trap,' Indonesia pushes for major policy reform
  + stars: | 2024-09-26 | by ( Shafi Musaddique | ) www.cnbc.com   time to read: +4 min
Incoming President Subianto has promised to continue the charge toward making Indonesia a high-income economy. Economic reforms passed through by the outgoing president will make the achieving Indonesia's grand vision easier. "Widodo put in place a bunch of economic reforms, the most noticeable being making it easier to hire and fire new workers. Indrawati hopes to avoid "the middle-income trap" — an economic development situation where growing economies stagnate at middle-income levels and are unable to advance to the ranks of high-income countries. Major policy reforms, she believes, will help Indonesia sidestep that.
Persons: Sri Mulyani Indrawati, CNBC's, Joko Widodo, Prabowo Subianto, Subianto, Widodo, Gareth Leather, Indrawati Organizations: Afp, Getty, country's Finance, International Monetary Fund, Defense, Capital Economics, CNBC, Lowy Institute Locations: Jakarta, Indonesia, Washington, Australian, China, Asia
☆ Pakistan, IMF reach $3 bln staff-level agreement
  + stars: | 2023-06-30 | by ( Ariba Shahid | Thomson Reuters | Ariba Shahid Is A Journalist Based In Karachi | ) www.reuters.com   time to read: +7 min
It is not the end of our relationship with the IMF though, as the SBA is a short-term bridging operation. GARETH LEATHER, SENIOR ASIA ECONOMIST AT CAPITAL ECONOMICS, LONDON"The agreement of a loan deal between Pakistan and the IMF should put the economy back on a more secure footing and limit the biggest downside risks. There is a strong risk that Pakistan reneges on the deal once the immediate crisis has passed. Our target shall be that the next IMF programme should be the last one and it would be a great opportunity to correct our fiscal account once and for all." "Things would have been much better if successive governments would have invested in completing the IMF programme.
Persons: MURTAZA SYED, GARETH, Shehbaz Sharif, ABDUL ALEEM, SHERANI, SHAHBAZ ASHRAF, MAHA RAHMAN, ZAFAR MASUD, MUSTAFA PASHA, SHAHID HABIB, ARIF HABIB, ZULQARNAIN, MOHAMMED SOHAIL, AHFAZ MUSTAFA, ISMAIL IQBAL, SAJID AMIN JAVED, Ariba Shahid, Shilpa Jamkhandikar, Raju Gopalakrishnan Organizations: Monetary Fund, South, IMF, BANK OF PAKISTAN, SBA, State Bank, EFF, Capital, UL HAQ, OF PUNJAB, Pakistan, ARIF, Thomson Locations: Pakistan, ASIA, KARACHI, ISLAMABAD, LAHORE, PAKISTAN
☆ Analysis: Pakistan’s deepening political crisis douses hopes for IMF relief
  + stars: | 2023-05-10 | by ( Karin Strohecker Jorgelina Do Rosario Ariba Shahid | Karin Strohecker | Jorgelina Do Rosario | ) www.reuters.com   time to read: +3 min
Violent clashes between supporters of Imran Khan and police broke out across the country after Pakistan's anti-corruption agency arrested the former prime minister on Tuesday. Pakistan's rupee has lost nearly 50% over the past 12 months. JPMorgan analyst Milo Gunasinghe said little relief from political uncertainty was in sight while the IMF programme remained stalled. "It is usually up to the country to present a credible plan of policies and financing that, in the face of political uncertainty, will credibly address the members’ balance of payment problems." The armed forces remain Pakistan's most powerful institution, having ruled directly for close to half the country's 75-year history through three coups.
☆ Indonesia's economy saw robust growth in the third quarter, but this could be 'as good as it gets'
  + stars: | 2022-11-09 | by ( Su-Lin Tan | ) www.cnbc.com   time to read: +1 min
On Monday, Indonesia posted year-on-year GDP growth of 5.72% for the July to September quarter, higher than last quarter's growth of 5.44%. "Economic growth in Indonesia accelerated in the third quarter, but this is likely to be as good as it gets. We expect lower commodity prices, tighter monetary policy and elevated inflation to drag on growth over the coming quarters," Capital Economics senior economist Gareth Leather said. Leather said exports will likely struggle against falling commodity prices and slowing global growth. Indonesia, a major commodity exporter, has benefited from filling the supply gap caused by the war in Ukraine and once-steep commodity prices resulting from crimped supply chains.
☆ Bank Negara Malaysia set to hike for fourth time in a row on Nov. 3 - Reuters poll
  + stars: | 2022-11-01 | by ( Shaloo Shrivastava | ) www.reuters.com   time to read: +3 min
Bank Negara Malaysia (BNM) started raising rates in May even though inflation was within its target range of 2%-3%. It has since hiked rates by 75 basis points to keep inflation in check. All but two of 27 economists in the Oct. 25-31 poll predicted BNM would hike its overnight policy rate by 25 basis points to 2.75% from 2.50% at its Nov. 3 meeting. While 13 of 18 penciled in a 25 basis point hike in Q1, three said 50 basis points. The median forecast showed the overnight policy rate would remain at 3.00% until at least the end of next year.
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