📹 Russia's Foreign Minister Sergey Lavrov’s video message to the participants in the 6th BRICS+ Young Diplomats’ Forum(August 28, 2024)
💬 I would like to begin by offering my heartfelt greetings to the participants in the 6th Young Diplomats’ Forum which is taking place in the #BRICSplus format.
It was the Foreign Ministry’s Council of Young Diplomats that initiated the first event of this kind in Ufa as part of Russia’s 2015 chairmanship. Since then, this platform has emerged as an effective tool for promoting horizontal ties between the BRICS foreign ministries.
It is worth noting that Ufa, the capital of Bashkortostan, has been selected to host the 2024 meeting. It stands at the crossroads of civilisations, and people representing various religions, creeds and ethnic groups have been living here in peace and harmony for many centuries. This offers a vivid example of the way ethnic, religious and cultural diversity can serve as a foundation for promoting long-term development and sustaining mutual understanding. #BRICS countries have been relying on these very principles in their relations.
👉 The Forum’s main topic is The Role of Young Diplomats in Strengthening Multilateralism for Fairness in Global Development and Security. It covers a wide range of major issues for BRICS states, as well as for other like-minded countries. I welcome the fact that all partners share the association’s approaches to working together when responding to present-day global challenges.
BRICS attracts more and more attention, which is a clear sign that our aspirations to build a fairer global architecture in international relations are aligned with deep-running and objective geopolitical shifts. The Global Majority has been very receptive to this vision, which demonstrates that what we do together is highly relevant and important.
I am certain that your forum will contribute in its own way to strengthening the comprehensive partnership, atmosphere of friendship and trust between our countries and their people.
🌐 I wish all the participants every success, good health and fruitful work.
Read in full
#BRICS2024
A further escalation in the Iran war could trigger a global recession that would affect the UK more than any of the other G7 nations, the International Monetary Fund has warned.
Against an increasingly volatile backdrop, the Washington-based fund said the economic damage from the Middle East conflict was steadily rising as it cut its growth forecasts for 2026 based on the impact of the war so far.
#IMF#War
👂More on Trump's Ear ⚠️
El Salvador Buys More Bitcoin
El Salvador continues to accumulate Bitcoin despite an agreement with the IMF to reduce Bitcoin initiatives. The government now purchases 1 BTC daily, having bought 11 BTC today. As part of a $1.4 billion loan agreement with the IMF, the government will make Bitcoin adoption voluntary for the private sector, limiting government involvement.
#ElSalvador#Bitcoin#IMF#Crypto#Funding
El Salvador Revises Bitcoin Strategy with IMF
El Salvador amends Bitcoin law for IMF compliance, allowing voluntary crypto usage in private sector. In exchange for a $1.4B loan, Bitcoin adoption will be voluntary for private entities, limiting government participation. Read more here: forklog#ElSalvador#Bitcoin#IMF#Crypto#Finance
#ElSalvador#Bitcoin#IMF#Crypto#Finance
वैश्विक स्तर पर चमकती भारतीय अर्थव्यवस्था।।
सबसे तेजी से बढ़ती प्रमुख अर्थव्यवस्था के रूप में, भारत लगातार आगे बढ़ रहा है।
आईएमएफ ने विकास अनुमान को 6.1% से बढ़ाकर प्रभावशाली 6.3% कर दिया है।
#IMF#IndianEconomy#NewIndia
🎥 VIDEO | Venezuela and the IMF: Short-Term Relief or Long-Term Pain?
Venezuela has reestablished ties with the International Monetary Fund. But what comes next?
After years of isolation, Caracas could gain access to roughly $5 billion in Special Drawing Rights, funds it hopes to use to stabilize essential services like electricity and water.
In the short term, the move offers relief.
In the long term, it raises deeper questions.
Venezuela’s external debt is estimated at up to $170 billion, and any broader financial engagement could reopen the door to negotiations with creditors and potential IMF-backed programs. For a country with a long and contentious history with the Fund, the stakes are high: access to liquidity versus the risk of increased financial dependence.
Is this a step toward recovery or the beginning of a new cycle of debt?
#IMF#CentralBankofVenezuela#USVenezuelaRelations
News: #IMF approves $261 million disbursement to #Ethiopia, cites stronger macroeconomic performance
The International Monetary Fund (IMF) has approved the immediate release of US$261 million to Ethiopia under its Extended Credit Facility (#ECF), following the completion of the fourth review of the country’s reform program. The decision, the Fund said, reflects “stronger-than-anticipated macroeconomic outcomes and overall performance broadly in line with program commitments.”
In a statement issued on 16 January 2026, the IMF said the Executive Board’s decision under the 48-month ECF arrangement will support Ethiopia’s balance of payments and fiscal financing needs. The disbursement brings total funding released under the program to approximately US$2.183 billion (SDR 1.6 billion).
To strengthen the foreign exchange market, the IMF introduced a new performance criterion setting a zero limit on foreign exchange intervention outside of auctions.
Read more: https://addisstandard.com/?p=54630
👆आईएमएफ के अनुसार, भारत प्रमुख क्षेत्रों में सुधार द्वारा उत्कृष्ट है:
•निरंतर बैंक ऋण वृद्धि
•एनपीए में गिरावट
•उन्नत श्रम बाज़ार
•कार्यबल में महिलाओं की बढ़ती भागीदारी
•स्वास्थ्य, शिक्षा, भूमि और कृषि सुधारों में प्रगति
#IMF#IndiaEconomy
#EconomicGrowth
👆2023 में भारत की G20 की अध्यक्षता ने वैश्विक स्तर पर बहुपक्षीय नीति की प्राथमिकताओं को आगे बढ़ाने में देश की महत्वपूर्ण भूमिका को प्रदर्शित किया है। हम 2023 में G20 की अध्यक्षता के दौरान भारत के सशक्त नेतृत्व की सराहना करते हैं- आईएमएफ
#IMF#IndiaEconomy
#EconomicGrowth
👆भारतीय अधिकारियों की उनकी व्यापक आर्थिक नीतियों और सुधारों के लिए सराहना की जानी चाहिए, क्योंकि वैश्विक स्तर पर लगातार आर्थिक प्रतिकूलताओं के बावजूद भी अर्थव्यवस्था को मजबूती, और वित्तीय स्थिरता मिली- आईएमएफ
#IMF#IndiaEconomy
#EconomicGrowth