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International Organizations IMF

  • The memorandum of understanding signed at the World Bank and International Monetary Fund spring meetings in Washington comes a year after the two multilateral lenders established mechanisms for cost-sharing and co-financing of investment projects. Since then, the AIIB and the World Bank have co-financed five projects, supporting power generation in...

  • The memorandum of understanding signed at the World Bank and International Monetary Fund spring meetings in Washington comes a year after the two multilateral lenders established mechanisms for cost-sharing and co-financing of investment projects. Since then, the AIIB and the World Bank have co-financed five projects, supporting power generation in...

  • WASHINGTON, April 22- International Monetary Fund members on Saturday dropped a pledge to fight protectionism amid a split over trade policy and turned their attention to another looming threat to global economic integration: the first round of France's presidential election. Concerns that far-right leader Marine Le Pen and far-left rival Jean-Luc...

  • WASHINGTON, April 22- International Monetary Fund members on Saturday dropped a pledge to fight protectionism amid a split over trade policy and turned their attention to another looming threat to global economic integration: the first round of France's presidential election. Concerns that far-right leader Marine Le Pen and far-left rival Jean-Luc...

  • WASHINGTON, April 22- Argentina will beat its first-quarter fiscal goal, the treasury minister said on Saturday, adding that the government slashed more than 10,000 jobs over the last year and a half. Speaking on the sidelines of International Monetary Fund meetings in Washington, Nicolas Dujovne said the government would best its target of a 0.6 percent...

  • WASHINGTON, April 22- Japanese Finance Minister Taro Aso said on Saturday trade imbalances cannot be fixed through exchange-rate adjustments alone, pushing back against Washington's calls to have more rigorous IMF scrutiny of currency moves. Treasury Secretary Steven Mnuchin called on the International Monetary Fund to enhance surveillance of its...

  • WASHINGTON, April 22- Member countries of the International Monetary Fund on Saturday pledged to work to reduce global imbalances but failed to repeat their past pledge to resist all forms of protectionism. The International Monetary and Financial Committee, the IMF's steering body, also repeated its past commitments on currency exchange rates.

  • WASHINGTON, April 22- Members of the International Monetary Fund are aligned on the need to achieve free and fair trade, Agustin Carstens, chairman of the IMF's steering committee, said on Saturday. The use of the word protectionism is very ambiguous, "Carstens told a news conference, when asked why the International Monetary and Financial Committee's statement...

  • WASHINGTON, April 22- Member countries of the International Monetary Fund on Saturday pledged to work to reduce global imbalances but failed to repeat their past pledge to resist all forms of protectionism. The International Monetary and Financial Committee, the IMF's steering body, also repeated its past commitments on currency exchange rates.

  • Treasury Secretary Steven Mnuchin on Saturday called on the International Monetary Fund to enhance surveillance of its members' exchange rates and external imbalances, as large trade imbalances would hamper "free and fair" trade. President Donald Trump has threatened to impose measures to restrict imports, and attacked countries like China, Germany and...

  • WASHINGTON, April 21- The International Monetary Fund on Friday praised Greece's fiscal over-performance in 2016, but said it still needed clarification from euro zone governments on what debt relief Athens could expect before joining the latest Greek bailout. Greece is on its third international bailout since 2010, but it has to pass reviews of reforms...

  • The G20 session on the sidelines of the International Monetary Fund and World Bank spring meetings comes just over a month after the group dropped an explicit pledge to fight against protectionism from the communique of its meeting in Baden-Baden, Germany, at the insistence of U.S. British finance minister Philip Hammond told reporters that multilateral...

  • Stanley Fischer, vice chairman of the U.S. Federal Reserve.

    Fischer attributed much of the slowness both in the economy and the inflation rate to seasonal factors that will go away.

  • WASHINGTON, April 21- Germany's finance minister is optimistic about reaching a "non-confrontational solution" on trade with U.S. Yet, confirming early signs of a detente, German finance minister Wolfgang Schaeuble said neither topic was discussed in Washington, where world leaders are gathering for the spring meeting of the International Monetary Fund.

  • The Eiffel Tower is lit with the blue, white and red colors of the French flag in Paris on November 16, 2015, to pay tribute to the victims of a series of deadly attacks on Friday in the French capital.

    European markets closed mixed on Friday after a suspected terrorist attack in France two days before a key presidential vote.

  • *Greece swings to general government surplus in 2016, after 21 years. ATHENS, April 21- Greece far exceeded its international lenders' budget demands last year, official data showed on Friday, posting its first overall budget surplus in 21 years even when debt repayments are included. This was calculated under European System of Accounts guidelines, which...

  • WASHINGTON, April 21- China's economy may grow faster than the International Monetary Fund had expected for all of 2017 after a first-quarter performance that beat forecasts, the fund said, as it urged Beijing to address entrenched financial risks in the country. The better-than-anticipated data prompted the IMF this week to raise its 2017 and 2018 growth...

  • *Greece swings to general government surplus in 2016, after 21 years. ATHENS, April 21- Greece far exceeded its international lenders' demands for a budget surplus last year, official data showed on Friday, posting its first overall budget surplus in 21 years even when debt repayments are included. This was calculated under European System of Accounts...

  • *Greece swings to general government surplus in 2016. ATHENS, April 21- Greece far exceeded its international lenders' demands for budget savings last year, official data showed on Friday, outstripping even 2017' s target and presenting a strong case for unlocking more bailout funds. The IMF, which has reservations on whether Greece can meet high primary surplus...

  • WASHINGTON, April 20- Japanese Finance Minister Taro Aso said on Thursday he reconfirmed with U.S. Treasury Secretary Steve Mnuchin that currency issues should be dealt with by the two finance leaders. Aso and Mnuchin met on the sidelines of the G20 finance leaders' gathering and International Monetary Fund meetings in Washington D.C..