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Head of the IMF admitted the possibility of default in Russia

According to IMF Managing Director Kristalina Georgieva, a default may soon occur in Russia. The reason for this may be the sanctions imposed on the country against the backdrop of events in Ukraine. However, Georgieva stressed out that she had no intention of speculating ...

IMF urges El Salvador to abandon bitcoin

The International Monetary Fund called on the authorities of El Salvador to abandon bitcoin as an official way of payment. Due to the legality of cryptocurrency, the IMF refused to issue the country a large loan. The International Monetary Fund called on the authorities of El Salvador to abandon bitcoin as an official way of payment. Due to the legality of cryptocurrency, the IMF refused to issue the country a large ...

IMF PROPOSED TO INTRODUCE A TAX ON PANDEMIC WINNERS AND PROFITABLE COMPANIES

... to introduce a "solidarity tax" that could be applied to high earners that made huge profits during the pandemic. It is assumed that this will not only provide additional income, but also improve the situation with social inequality. The IMF published a statement in its April Fiscal Monitor. The organization proposes to introduce a temporary tax on excess profits for companies that prospered during the pandemic - this could be an additional charge or a replacement for existing corporate ...

Authorities of Laos allowed several companies to settle with cryptocurrency

According to the office of the Prime Minister of Laos, six companies in the country have been granted the right to use cryptocurrency. Interaction with it is organized in an experimental mode and is possible both in the form of extraction and sale. Among those who received permission to trade in cryptocurrency, there are four construction companies, an IT company and a national bank. What is more, the government of country ordered to develop rules for the use of cryptocurrency in the country....

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