LONDON, July 28- The Bank of England won backing from the International Monetary Fund on Monday for keeping interest rates low, even as the IMF welcomed signs that Britain's surprisingly strong economic recovery is broadening.» Read More
JOHANNESBURG, March 16- Mozambique's overall budget deficit is projected to widen to 9.5 percent this year from 3 percent in 2013, the International Monetary Fund said, as the country continues its spending-driven quest for economic growth.
BOGOTA, March 13- Colombia's central bank could begin raising its key interest rate toward a neutral level as temporary supply shocks disappear and gradually allow inflation to rise, the International Monetary Fund said on Thursday.
WASHINGTON, March 13- An International Monetary Fund team in Kiev will begin negotiations with Ukrainian authorities about an economic reform program, the IMF's chief said on Thursday. An IMF team has been in Kiev since March 4 to gather data about the government's finances.
OTTAWA, March 13- Canada will offer C $220 million in aid to Ukraine to help promote sustainable economic growth and good governance, Foreign Minister John Baird said on Thursday. He told reporters that C $200 million would be in the form of a loan or a loan guarantee based on a broader package that included support from the International Monetary Fund.
WASHINGTON, March 13- The International Monetary Fund has made good progress in its fact-finding mission in Kiev and will soon discuss Ukraine's economic situation with IMF management, a Fund spokesman said on Thursday. A team from the IMF arrived in Kiev last week to assess the country's economic situation and discuss a possible bailout program.
PARIS, March 11- Following are updated forecasts from the Organisation for Economic Cooperation and Development for growth in the world's main developed economies in the first and second quarters of 2014. The GDP forecasts are for annualised, quarter-on-quarter growth and are based on GDP releases and high-frequency indicators published up to March 10.
PARIS, March 11- The recovery in developed economies is on track although slowing activity in big emerging markets means global growth will be only moderate at best in the near term, the OECD said on Tuesday.
OECD SEES Q/Q ANNUALISED GERMAN GDP GROWTH OF 3.7 PCT IN Q1, 2.5 PCT IN Q2.
OECD SAYS GROWTH IN MAJOR ADVANCED ECONOMIES WILL BE "SOMEWHAT SLOWER" IN FIRST HALF OF 2014 THAN SECOND HALF OF 2013.
OECD SEES Q/Q ANNUALISED G7 GDP GROWTH OF 2.2 PCT IN Q1, 2.0 PCT IN Q2.
OECD SAYS SUB-PAR GROWTH IN EMERGING ECONOMIES MEANS GLOBAL GROWTH WILL BE ONLY MODERATE IN NEAR TERM.
OECD SEES Q/Q ANNUALISED JAPANESE GDP GROWTH OF 4.8 PCT IN Q1, BOOSTED BY CONSUMER SPENDING AHEAD OF SALES TAX HIKE.
BRUSSELS, March 10- In its effort to show Russia it means business over Ukraine, the European Union may have created extra problems for itself in committing to a quick political deal with Kiev while leaving closer economic ties for later.
*Portugal to more than halve deficit by end-2015, then more. LISBON, March 9- Portugal's international bailout is expected to end in mid-May. To avoid a repeat of the 78 billion euro financial rescue agreed in May 2011 with the European Union and the International Monetary Fund, Lisbon cannot let up on shrinking its budget gap and trimming a huge sovereign debt.
WASHINGTON, March 7- The International Monetary Fund mission to Ukraine is "progressing well" and Ukrainian authorities are committed to economic reforms, a senior IMF official said on Friday after a visit to the country.
WASHINGTON, March 7- The International Monetary Fund mission to Ukraine is going well, and the Ukrainian authorities are committed to economic reforms, a senior IMF official said on Friday after a visit to the country.
WASHINGTON, March 2- Finance ministers from the Group of Seven rich nations on Sunday pledged to throw a financial lifeline to Ukraine as long as the new government in Kiev agreed to pursue economic reforms sought by the International Monetary Fund.
WASHINGTON, Feb 28- The head of the International Monetary Fund said on Friday that there was no need to "panic" in terms of delivering economic aid to Ukraine, which has been hit with economic turmoil after the ouster of President Viktor Yanukovich.
WASHINGTON, Feb 26- Income inequality can lead to slower or less sustainable economic growth, while redistribution of income, when measured, does not hurt and can even help an economy, IMF staff found in a research study released on Wednesday.
SYDNEY, Feb 24- The Group of 20' s proposal to lift economic activity by 2 percent over the next five years has so many holes in it, there's no wonder it was the first official target that all members felt happy to agree on. The International Monetary Fund has said it will be watching for progress on the plans, but it has no power to compel or punish.