LONDON, May 22- Britain's government should spend more now to fund investment and steer its economy back to recovery, the International Monetary Fund said on Wednesday, a call unlikely to be heeded by finance minister George Osborne.
LONDON, May 22- The International Monetary Fund called on Britain's government on Wednesday to do more to speed up slow economic recovery, hinting that the country might be able to afford to borrow more to fund investment.
WASHINGTON, May 20- The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's bluntest criticism yet of Washington's rush to cut its budget deficit. But there is very little risk of similar turmoil will ensnare the United States anytime soon, Cottarelli said.
*Exit could be' bumpy', IMF study shows costs could be high. WASHINGTON, May 16- Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the IMF said on Thursday.
WASHINGTON, May 16- Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to exit, the IMF said on Thursday.
WASHINGTON, May 16- International Monetary Fund staff will visit Madrid on May 21 for their third review of Spain's reforms of its banking system, the IMF said on Thursday. The IMF's monitoring is part of a deal agreed to with Spain in July, and the fund will present a report about its findings on June 3, IMF spokeswoman Angela Gaviria said in a statement.
ISLAMABAD, May 9- Whoever wins Pakistan's elections has a fight on their hands- not just against the Taliban, but negotiating with international backers to provide a multi-billion-dollar bailout for a country that has habitually used aid as a crutch to avoid reform.
*Serbia wants precautionary loan deal. BELGRADE, May 7- The International Monetary Fund will not discuss a fresh loan deal on a mission to Serbia starting this week, it said on Tuesday, describing the visit as a "health check" of the Balkan country's economy.
*Egypt seeks much-needed $4.8 bln IMF loan. By Tom Perry and Yasmine Saleh. CAIRO, May 7- Egyptian President Mohamed Mursi increased the influence of his Muslim Brotherhood over government in a reshuffle that replaced two ministers involved in crucial talks with the International Monetary Fund over a $4.8 billion loan.
AMSTERDAM, May 7- For European banking union to succeed, all EU member countries need to be in agreement, Christine Lagarde, managing director of the International Monetary Fund, said on Tuesday. "You need to have all the players at the table," Lagarde, managing director of the IMF, told students at the University of Amsterdam when asked about Germany's concerns.
AMSTERDAM, May 7- For European banking union to succeed, all EU member countries need to be in agreement, Christine Lagarde, managing director of the International Monetary Fund, said on Tuesday. "You need to have all the players at the table," Lagarde, managing director of the IMF, told students at the University of Amsterdam when asked about Germany's concerns.
ZURICH, May 7- The Swiss National Bank's foreign exchange reserves fell in April, data showed on Tuesday. The SNB held 433.645 billion Swiss francs in foreign currency at the end of April, compared with 438.3 billion in March, preliminary data calculated according to the standards of the International Monetary Fund showed.
WASHINGTON, May 6- The International Monetary Fund said on Monday Colombia has requested a new flexible credit line to replace its previous $6 billion two-year program with the Fund, which should expire this month.
MEXICO CITY, May 6- Latin American commodity exporters have largely failed to take full advantage of surging raw material prices to boost savings and a recent deterioration in external accounts bears watching, the International Monetary Fund said on Monday.
WASHINGTON, May 6- Greece has made progress in reducing government debt and improving its competitiveness, but needs to follow through on structural reforms to ensure its economy recovers, the IMF said on Monday after a mission visit to the country.
WASHINGTON, May 6- Greece has made progress in reducing government debt and improving its competitiveness, but needs to follow through on structural reforms to ensure its economy recovers, the IMF said on Monday after a mission visit to the country.