Tag: International Monetary Fund
Christine Lagarde's nomination for the ECB presidential post was opposed by eleven members of Parliament’s Economic and Monetary Affairs Committee.
The Argentine central bank is now authorised to restrict purchases of dollars as it burns through its reserves in an effort to prop up the peso.
With the IMF warning that his trade war is slowing global growth and as recession alarm bells ring, US President Donald Trump doubles down on his attacks on the Federal Reserve and on China.
The threat of an International Monetary Fund bailout, unthinkable a few years ago, may force South Africa’s government to push through the reforms it needs to rescue the economy.
The fund suffers from a lack of accountability that permeates the institution’s bureaucracy right up to the very top.
The objective is to support the country’s efforts to 'reinforce macroeconomic stability and boost sustained and inclusive growth.'
He adds that he was 'very honoured' that his name should have come up as a possible candidate.
The IMF urge countries to avoid using tariffs to resolve their differences.
Christine Lagarde says her resignation would speed up the selection of her successor.
The IMF sees Singapore’s economic growth slowing to 2% in 2019 as global trade tensions hurt external demand.
Traditionally the Washington-based IMF has been led by a European, while its sister institution the World Bank has been run by an American.
The IMF forecasts US growth this year to 2.6%, three-tenths higher than it predicted in April, while growth in 2020 is seen slowing to just under 2%.
IMF believes Italy's debt is indeed a major risk to the euro zone economy alongside global trade tensions and Brexit.
Both the US and China have been locked in talks to resolve tensions that have seen both of them impose tariffs on goods worth US$360 billion.
The agreement to restructure Congo's debt is one of the preconditions set by the International Monetary Fund before a bailout is granted.
The three years since the June 2016 UK referendum to leave the EU have weighed most heavily on Britain.
In response to slowing growth amid the trade friction with the US, policymakers said they would lower taxes, reduce fees and streamline red tape.
Forecasts by the IMF and World Bank suggest the Pakistani economy is likely to grow between 4% and 4.5% for the fiscal year ending June 2019, compared to 5.8% growth in the last fiscal year.
Information Minister Fawad Chaudhry says Khan will meet IMF Managing Director Christine Lagarde on the sidelines of the World Government Summit in Dubai.
NEW YORK: The International Monetary Fund agreed on Wednesday to boost its crisis loan package aimed at restoring confidence in Argentina's struggling economy by...
Bank Indonesia has been the most aggressive of the central banks in Asia, raising interest rates four times by a total of 1.25 percentage points and draining foreign reserves by almost 10% this year.
Islamabad denies aiding insurgents in Afghanistan and lashed out against Trump's remarks, which were followed up by Washington suspending US military aid.
The news report sends Argentina's bond prices higher and helped Argentina's Merval stock index close 4% higher.
Foreign ownership has attracted criticism in recent years as New Zealand grapples with a housing crisis that has seen average prices in the main city of Auckland almost double in the past decade and rise more than 60% nationwide.
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