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  • ACCRA, Nov 21- The International Monetary Fund said on Friday it had made significant progress in a third round of talks with Ghana on a financial assistance programme aimed at restoring the country's fiscal balance. The Fund said it would carry on working with Ghana on array of measures, and would then agree an assistance programme. "Once this work is completed, a...

  • ACCRA, Nov 21- The International Monetary Fund said on Friday it made significant progress in a third round of talks with Ghana on a financial assistance program aimed at restoring the country's fiscal balance.

  • NEW YORK/ SINGAPORE, Nov 20- Ukraine slashed its gold reserves by more than a third in October, data from the International Monetary Fund showed, as the near-bankrupt country reels from fighting a pro-Russian separatist movement in the east. Ukraine ended last month with 26 tonnes of gold, down by 14 tonnes from September, while Russia added another 18.9 tonnes,...

  • NEW YORK, Nov 20- Ukraine slashed its gold reserves by more than a third in October, while Russia increased its reserves for a seventh straight month, according to International Monetary Fund data released on Thursday. Ukraine ended last month with 26 tonnes of gold, down by 14 tonnes from September, while Russia, which has one of the world's largest bullion...

  • NEW YORK, Nov 20- Ukraine slashed its gold reserves by more than a third in October, while Russia increased its reserves for a sixth straight month, according to International Monetary Fund data released on Thursday. Ukraine ended last month with 26 tonnes of gold, down by 14 tonnes from September, while Russia, which has one of the world's largest bullion reserves,...

  • *PM says Serbia to provide "normal life" to its citizens. BELGRADE, Nov 20- Serbia agreed a three-year precautionary loan deal with the International Monetary Fund on Thursday worth around 1 billion euros, ending months of uncertainty that had weighed on the dinar currency. Serbian Finance Minister Dusan Vujovic said he expected it to enter into force from Jan. 1.

  • BELGRADE, Nov 20- A new precautionary loan deal between Serbia and the International Monetary Fund, agreed on Thursday, will take effect as of Jan. 1, 2015, Serbian Finance Minister Dusan Vujovic said.

  • Serbia reaches loan deal with IMF Thursday, 20 Nov 2014 | 6:47 AM ET

    BELGRADE, Serbia— The Serbian government has secured an agreement with the International Monetary Fund on a $1.2 billion standby loan after promising to slash public spending and rein in debt, officials said Thursday. The three-year deal was reached after Serbia agreed to narrow the budget deficit from 8 percent to 4.2 percent of economic output by 2016 by...

  • *Serbia seeking precautionary loan deal. BELGRADE, Nov 20- Serbia said on Thursday it had reached agreement with the International Monetary Fund on a new loan deal designed to reassure investors after months of uncertainty. Serbia has been seeking a precautionary loan deal to replace a previous arrangement frozen by the lender in early 2012 over broken...

  • Ireland cleared to pay IMF loans early after Swedish vote Wednesday, 19 Nov 2014 | 10:41 AM ET

    STOCKHOLM, Nov 19- The Swedish parliament on Wednesday said Ireland may pay back part of its bailout loans early to the International Monetary Fund, giving the final EU approval needed for Dublin to begin repayment. Ireland won agreement from Europe to pay the IMF before it repays aid from the European bailout funds and just needed the new Swedish government to...

  • ACCRA, Nov 19- Ghana hopes to seal a provisional agreement with the IMF on financial assistance this week and aims to cut its budget deficit to 6.6 percent of GDP in 2015 from more than 9.6 percent in 2014, a senior official told Reuters ahead of Wednesday's budget. In a measure of the fiscal problems, the government has overshot initial 2014 budget deficit and...

  • *Athens wants to exit bailout one year ahead of time. ATHENS, Nov 18- Greece is locked in tough negotiations with its foreign lenders, with "nerves stretched" on both sides, the finance minister warned on Tuesday, raising the temperature as Athens tries to exit an unpopular bailout programme. Inspectors from the European Union and the International Monetary Fund...

  • G-20 leaders told they will be judged on fairness Saturday, 15 Nov 2014 | 10:07 PM ET

    The Civil Society 20 group, or C-20, says the G-20 summit this weekend in Brisbane, Australia will be judged on fairness. The World Bank and International Monetary Fund both say living standards suffer when a minority is capturing an increasing share of wealth. Costello says that reducing inequality in Australia conflicts with Prime Minister Tony Abbott's...

  • AP PHOTOS: A look at Greece's recession journey Friday, 14 Nov 2014 | 8:13 AM ET

    Following two multibillion dollar bailouts from its partners in the eurozone and the International Monetary Fund that were given on condition of harsh austerity, the Greek economy has shrunk by a quarter. Attached are images of the momentous events surrounding the Greek economy's descent as captured by photographers from The Associated Press.

  • G-20 summit to be test of forum's staying power Friday, 14 Nov 2014 | 2:13 AM ET

    BRISBANE, Australia— The annual G-20 leadership summit that groups democrats with authoritarians and rich nations with poor has long suffered from a perception it's all talk and no action. Prompting pressure for tangible results at the Group of 20' s Brisbane summit this weekend, experts say, are comments from the International Monetary Fund warning about a "...

  • IMF says to consider debt relief for Ebola-hit countries Thursday, 13 Nov 2014 | 10:58 AM ET

    WASHINGTON, Nov 13- The International Monetary Fund will discuss debt relief for Guinea, Liberia and Sierra Leone at the Group of 20 leaders meeting in Australia later this week as it considers further support for the countries most affected by the Ebola outbreak, an IMF spokesman said on Thursday. IMF spokesman Bill Murray declined to comment on a specific...

  • WASHINGTON, Nov 13- The International Monetary Fund on Thursday welcomed Russia's move to float the rouble, but warned it would not be enough to cushion the country's oil-dependent economy from the impact of falling crude prices. IMF spokesman Bill Murray said the decision by Russia's central bank to let the currency float this week should enhance its ability...

  • IMF says euro zone growth could be worse than expected Wednesday, 12 Nov 2014 | 4:00 PM ET

    WASHINGTON, Nov 12- The International Monetary Fund on Wednesday warned of downside risks to its growth projections for the euro zone, and urged the European Central Bank to act if prices in the currency bloc continue to drift lower. The IMF's warning echoes an increasing fear among global policymakers that Europe is not on track to spur economic growth,...

  • Pakistan postponed stake sale in energy firm after IMF nod Wednesday, 12 Nov 2014 | 12:48 AM ET

    ISLAMABAD, Nov 12- The last minute halt in the much-anticipated sale of state shares in Pakistan's largest energy firm was prompted by an unlikely source- the International Monetary Fund. The IMF has been encouraging Pakistan to reform the energy sector, expand the tax base and privatise loss-making state industries by making those conditions for a $6.7...

  • ANTANANARIVO, Nov 11- Madagascar needs to improve tax collection and invest in infrastructure to increase the pace of its economic recovery from the 3 percent growth expected this year, the International Monetary Fund said on Tuesday. The Indian Ocean island state, famed for its wildlife and eyed by foreign companies for its minerals, has struggled to lure back...