New Delhi, July 15 (IANS) China’s GDP growth slowed further in the April-June period — weakest in more than three years — as the economy grapples with supply-demand imbalance and structural challenges, official data from Beijing showed on Wednesday.GDP grew 4.3 per cent in the second quarter of 2026, according to data released by the National Bureau of Statistics in China. This is less than the official target range of 4.5-5 per cent. “The economy ran within a reasonable range. There wer…
Latest Julie Kozack News & Updates
Washington, July 9 (IANS) The International Monetary Fund (IMF) on Thursday reaffirmed its support for free trade and open markets despite growing tariff barriers and rising economic nationalism, saying global trade remains essential for raising living standards and reducing poverty, even as it acknowledged that the gains from globalisation have not been shared equally.Speaking at the IMF’s regular press briefing, Julie Kozack, Director of the IMF’s Communications Department, said the Fund’s lon…
Washington, July 9 (IANS) The global economy has remained resilient despite the economic shock triggered by the Middle East conflict, with artificial intelligence-led investment and productivity gains helping offset the impact of higher energy and commodity prices, the International Monetary Fund (IMF) said on Thursday, while cautioning that uncertainty remains exceptionally high.Speaking at the IMF’s regular press briefing, Julie Kozack, Director of the IMF’s Communications Department, said the…
Washington, July 9 (IANS) China must urgently overhaul its economic growth model by shifting away from exports towards stronger domestic consumption as it grapples with weak demand, slowing productivity and a rapidly ageing population, the International Monetary Fund (IMF) said on Thursday, warning that these structural challenges will weigh on the world’s second-largest economy in the years ahead. Speaking at the IMF’s regular press briefing, Julie Kozack, Director of the IMF’s Communications D…
Washington, July 9 (IANS) India’s push to establish itself as a global manufacturing hub is beginning to pay off as international supply chains diversify, with the International Monetary Fund (IMF) saying on Thursday that it is already seeing tangible evidence of the shift, particularly in electronics manufacturing, while urging New Delhi to sustain structural reforms to maintain the momentum. Responding to questions at the IMF’s regular press briefing, Julie Kozack, Director of the IMF’s Commun…
Washington, June 25 (IANS) The International Monetary Fund (IMF) on Thursday said an IMF team is in Sri Lanka to assess the country’s economic recovery programme, including the impact of higher energy prices following the recent conflict in the Middle East. Speaking at a regular IMF press briefing, Julie Kozack, Director of the IMF’s Communications Department, confirmed that the mission began this week and would conclude on June 30.”We do indeed have a team currently in Sri Lanka. This is a staf…
Washington, June 25 (IANS) The International Monetary Fund (IMF) on Thursday said the US economy continues to show solid momentum despite inflation remaining above the Federal Reserve’s target, backing the central bank’s decision to leave interest rates unchanged while cautioning that future policy moves should depend on incoming economic data. Speaking at a regular IMF press briefing, Julie Kozack, Director of the IMF’s Communications Department, said recent economic indicators pointed to conti…
Washington, June 25 (IANS) The International Monetary Fund (IMF) on Thursday expressed sympathy for the victims of the devastating earthquake in Venezuela and said it was working closely with the country’s authorities to assess the economic impact of the disaster and determine the best way to support recovery efforts. Speaking at a regular IMF press briefing, Julie Kozack, Director of the IMF’s Communications Department, said it was too early to determine the scale of any IMF assistance as offic…
Washington, June 25 (IANS) The International Monetary Fund (IMF) on Thursday said the ceasefire in the Middle East and progress towards reopening the Strait of Hormuz have eased immediate risks to the global economy, although it cautioned that the full impact of the recent conflict has yet to play out.Speaking at a regular IMF press briefing, Julie Kozack, Director of the IMF’s Communications Department, said the war had once again tested the resilience of the global economy, but recent developm…
Washington, June 25 (IANS) The International Monetary Fund (IMF) on Thursday said Argentina has continued to make “important progress” in restoring macroeconomic stability, with growth strengthening, inflation declining, and financing conditions improving, while expressing confidence that the country will continue to meet its obligations to the Fund. Speaking at a regular IMF press briefing, Julie Kozack, Director of the IMF’s Communications Department, said Argentina’s economic reforms were beg…