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ADDIS ABABA, May 23- Ethiopia's huge public spending has created one of Africa's fastest-growing economies, but volatile inflation, balance of payments pressures and a stifled private sector raise questions over its sustainability, the International Monetary Fund said.
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WASHINGTON, April 20- Leaders of the International Monetary Fund on Saturday said an uneven global economic recovery is emerging, and policymakers must take more steps to foster swifter growth and job creation.
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WASHINGTON, April 20- Leaders of the International Monetary Fund on Saturday said an uneven global economic recovery is emerging, and policymakers must take more steps to foster swifter growth and job creation.
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Finance leaders of the G-20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worries over a sluggish global recovery.
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*Brazil, Latin American economies in slower growth path. WASHINGTON, April 19- Brazil and other Latin American countries need to realize their economic boom could be over because of cooler global demand for their minerals and farm goods, International Monetary Fund officials said on Friday.
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*Russia's Siluanov: G20 agreed on' soft parameters' on debt. Russia- this year's G20 chair- had hoped to secure an agreement on setting fixed targets for reducing debt by the time G20 leaders meet in St. Petersburg in September.
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A G20 communique, issued at the semi-annual meetings of the International Monetary Fund and the World Bank, was a small but meaningful step toward more transparency, tax justice advocates said.
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*Russia's Siluanov: Nations agreed on' soft parameters' on debt. April 19- Finance leaders of the G20 economies said on Friday they agreed they did not need to set hard targets for reducing national debt levels, and said they would be watching for negative effects from massive monetary stimulus efforts, such as Japan.
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*Spain no longer seen as likeliest EU sovereign bailout target. Only seven of 49 respondents said Spain would need help, down sharply from the 16 out of 48 who said it would in a March 27 poll. Slovenia, however, is expected to have to turn to the European Union and International Monetary Fund.
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April 19- Finance leaders of the G20 economies gathered on Friday to debate how best to rein in debt levels and the potential dangers from the latest round of aggressive easing of monetary policy from the world's biggest central banks.
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*Japan finance minister says G20 not opposed to BOJ stimulus. NEW YORK, April 19- The U.S. dollar and euro rallied more than 1.0 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing aimed at beating deflation rather than weakening the currency.
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*G20 nations accept Japan's easing program. Leaders of the G20 group of nations accepted that Japan's $1.4 trillion stimulus "is aimed at achieving price stability and economic recovery, and therefore is in line with the G20 agreement in February," said Taro Aso, the country's finance minister.
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DUBLIN, April 19- Companies would race to profit from a free trade agreement between the European Union and the United States, bringing a near instant boost to both economies, the head of the U.S. Chamber of Commerce said.
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The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday.
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April 19- Finance leaders of the G20 economies on Friday were set to debate specific targets for reigning in debt levels and the potential dangers from the latest round of aggressive easing of monetary policy from the world's biggest central banks.
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NEW YORK, April 19- The U.S. dollar and euro rallied more than 1 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing aimed at beating deflation rather than weakening the currency.
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SINGAPORE, April 19- The yen fell broadly on Friday after Japanese Finance Minister Taro Aso said Japan faced no G20 opposition to its stance that the Bank of Japan's aggressive monetary stimulus is aimed at beating deflation.
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*Euro zone has faced pressure to slow from Washington. WASHINGTON, April 18- The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday, highlighting a policy shift the United States has long been pressing for.
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The yen slipped against the dollar and euro as investors believed Japan was unlikely to face much criticism of its aggressive monetary easing at a meeting of the Group of 20 countries beginning on Thursday in Washington.
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The yen slipped against the dollar and euro as investors believed Japan was unlikely to face much criticism of its aggressive monetary easing at a meeting of the Group of 20 countries beginning on Thursday in Washington.
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*Russia also says G-20 should stick to prior currency pledge. WASHINGTON, April 17- A debt-cutting proposal that the world's 20 largest economies plan to agree on later this year will have different targets for countries depending on their economic conditions, Russia's deputy finance minister said on Wednesday.