Xinhua
16 Oct 2025, 00:15 GMT+10
(251015) -- WASHINGTON, Oct. 15, 2025 (Xinhua) -- Vitor Gaspar, outgoing director of the IMF's fiscal affairs department, speaks at a press briefing on Fiscal Monitor in Washington, D.C., the United States, Oct. 15, 2025. The fiscal chief of the International Monetary Fund (IMF) said it is more important for governments to "deliver value for money" than simply to spend more, noting that spending efficiency is an "extremely important element" in public finances.
"The benefits, the growth dividends are particularly strong when spending is efficient, when spending efficiency improves," Vitor Gaspar told Xinhua in a recent interview. (Xinhua/Li Rui)
Get a daily dose of Colorado Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Colorado Star.
More InformationBEIJING, China: China signaled on October 12 that it would not back down in the face of President Donald Trump's threat to impose 100...
SINGAPORE: A wave of Chinese food and beverage brands is sweeping into Singapore, transforming the city-state into a launchpad for...
(251015) -- WASHINGTON, Oct. 15, 2025 (Xinhua) -- Vitor Gaspar, outgoing director of the IMF's fiscal affairs department, speaks at...
New Delhi [India], October 15 (ANI): Union Minister of Commerce & Industry, Piyush Goyal highlighted on Wednesday the International...
DUBAI, 15th October, 2025 (WAM) -- Dubai Financial Market (DFM) today welcomed the successful debut of ALEC Holdings, a diversified...
New Delhi [India] October 15 (ANI): After the 14th round of Free Trade Agreement (FTA) negotiations, India-EU FTA negotiations have...
BEIJING, China: China signaled on October 12 that it would not back down in the face of President Donald Trump's threat to impose 100...
SEOUL, South Korea: Samsung Electronics is set to post its most substantial quarterly profit in three years, as a rebound in memory...
LONDON, U.K. Every week, hundreds of millions of people around the world gather in churches, mosques, synagogues, and temples to pray...
FRANKFURT/WASHINGTON, D.C.: U.S. consumers and companies, not foreign exporters, are footing most of the bill for President Donald...
NEW YORK CITY, New York: Two jurors who helped convict former Hollywood producer Harvey Weinstein of sexual assault in June now say...
NEW YORK CITY, New York: At Chicago Costume, racks of superhero suits and anime outfits hang beneath wigs and shelves of fake blood,...
