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International Organizations IMF

  • *IMF says further actions "urgently needed" to boost Nigeria economy- report. *Nigeria is in first recession in 25 years. ABUJA, March 24- The International Monetary Fund is expected to warn Nigeria its economy needs urgent reform, according to a report seen by Reuters that could delay talks over $1.4 billion in much-needed international loans.

  • The size of Greece's primary surplus- the budget balance before debt-servicing costs- is a source of contention between euro zone governments and the International Monetary Fund, which believes the surplus in 2016 was only 0.9 percent. Under Greece's 86 billion euro bailout programme, the third since 2010, Athens was supposed to reach a primary surplus of 0.5...

  • ATHENS, March 24- Greece will support a declaration marking the European Union's 60th birthday but needs the bloc's backing against International Monetary Fund demands on labour reforms, Greek Prime Minister Alexis Tsipras said ahead of an EU Summit in Rome. "Nevertheless, in order to be able to celebrate these achievements, it has to be made clear, on an official...

  • ATHENS, March 24- Greece will support a declaration marking the European Union's 60th birthday but needs the bloc's backing against International Monetary Fund demands on labor reforms, Greek Prime Minister Alexis Tsipras said ahead of an EU Summit in Rome. "Nevertheless, in order to be able to celebrate these achievements, it has to be made clear, on an official...

  • 'Very risky' to weaken multinational institutions: Zhu Min

    Multinational institutions are needed for stability so any move to reduce their authority would be harmful, notes Zhu Min of the National Institute of Financial Research.

  • ATHENS, March 22- Greece said on Wednesday it hopes for a deal with its international lenders within the month of April and is working to bridge differences on labour, pension and energy reforms. The onus for an agreement was not only on the Greek government, but on its European Union and International Monetary Fund lenders too, government spokesman Dimitris...

  • BERLIN, March 20- The European Stability Mechanism-- the euro zone's bailout fund-- should ultimately be turned into a European version of the International Monetary Fund, the head of euro zone finance ministers said on Monday in a German newspaper. He said that would also mean that Greece's current "troika" of lenders- the European Commission, European Central Bank...

  • *Romania holds bond auction, two previous auctions failed. BUDAPEST, March 20- Central European currencies and stocks gave up ground on Monday after Friday's warning from the International Monetary Fund about a rise in Romania's budget deficit and ahead of a government bond auction in Bucharest. That change mainly helped regional currencies and stocks, while...

  • KIEV, March 19- The International Monetary Fund has postponed a decision to disburse more aid to Ukraine in order to assess the impact of an economic blockade Kiev imposed on separatist-held territory, the IMF and Ukrainian authorities said on Sunday. The IMF's Executive Board was due to meet on Monday to approve more assistance as part of a $17.5 billion...

  • Police outside the International Monetary Fund (IMF) offices where an envelope exploded in Paris, France, March 16, 2017.

    A Thursday explosion at the International Monetary Fund's Paris office drew condemnation from its managing director.

  • PARIS— French prosecutors are investigating a possible Greek link after a letter exploded Thursday at the Paris' office of the International Monetary Fund, lightly injuring one person. The Paris prosecutor's office said Thursday night investigators found "residues of Greek stamps" on the letter bomb at the IMF's office in the French capital.

  • WASHINGTON, March 14- The International Monetary Fund on Tuesday called on the Group of 20 major economies to work together to preserve the benefits of trade and avoid protectionism, while also urging them to reduce external imbalances and halt policies that distort global trade. Under pressure from rising protectionist sentiment in many advanced...

  • BERLIN, March 13- A proposal to overhaul the U.S. tax code that favors exports over imports could have spillover effects to other economies as it would strengthen the dollar, International Monetary Fund chief economist Maurice Obstfeld said on Monday. Asked about the European Central Bank's ultra-loose monetary policy, which some conservative policymakers...

  • Asia's two largest economies China and India are expected to grow by 6.5 percent and 7.2 percent this year whilst sub-Saharan Africa is forecast to expand by 2.8 percent, according to the International Monetary Fund. Two-thirds of its trade with Asia is with six markets; China, India, Japan, Iran, South Korea and Hong Kong. The UAE wants to see free trade agreements...

  • WASHINGTON, March 9- The International Monetary Fund is seeing progress in negotiations over Greece's bailout program but prospects for an agreement are still unclear, IMF spokesman Gerry Rice said on Thursday. Rice told a regular news briefing that an IMF mission is in Athens and that the fund typically refrains from commenting on such discussions while...

  • WASHINGTON, March 9- China's new reduced economic growth target of 6.5 percent for this year looks achievable, an International Monetary Fund spokesman said on Thursday, adding that the Fund does not see an imminent threat to China's exchange rate from capital outflows. IMF spokesman Gerry Rice said China's economic momentum should make its growth targets...

  • YAOUNDE, March 8- Cameroon and the International Monetary Fund are considering a two-year aid programme for the Central African country to deliver sustained and inclusive economic growth. "The sharp decline in commodity prices, along with security threats in the Lake Chad basin and, until recently, civil unrest in the neighbouring Central African Republic,...

  • YAOUNDE, March 8- Cameroon and the International Monetary Fund are considering a two-year aid program for the Central African country to deliver sustained and inclusive economic growth. "The sharp decline in commodity prices, along with security threats in the Lake Chad basin and, until recently, civil unrest in the neighboring Central African Republic, have...

  • YAOUNDE, March 8- Cameroon and the International Monetary Fund are considering a two-year aid programme for the Central African country to deliver sustained and inclusive economic growth. Cameroon, which produces oil, cocoa and coffee and is the largest economy in the region, has weathered the problems better than others and its medium term outlook is...

  • YAOUNDE, March 8- Cameroon and the International Monetary Fund are considering a two-year aid program for the Central African country to deliver sustained and inclusive economic growth. Cameroon, which produces oil, cocoa and coffee and is the largest economy in the region, has weathered the problems better than others and its medium term outlook is positive...