International Organizations IMF

  • The IMF also praised the government, which is based in the southern port of Aden after being ousted from the capital Sanaa by the Iran- aligned Houthi movement, for already making some payments to workers and paying all pensions in areas of Yemen outside its own control. The United Nations has described the situation in Yemen as the world's worst humanitarian...

  • A man looks at exchange rates at a currency exchange center in New York July 6, 2015.

    The dollar extended its losses against the euro, yen and other major currencies on Thursday as remarks from New York Federal Reserve President John Williams increased bets the central bank would lower interest rates at month-end.

  • ISLAMABAD, July 18- Prime Minister Imran Khan's government faces mounting pressure as rising prices and tough austerity policies under Pakistan's latest bailout from the International Monetary Fund are squeezing the middle class that helped carry it to power. Rashid Mehmood owns a small shop selling children's clothing in Aabpara, the oldest market in the...

  • BEIRUT, July 18- A senior adviser to Lebanese Prime Minister Saad al-Hariri on Thursday denied that the International Monetary Fund had urged Lebanon to unpeg its currency from the dollar. Nadim Munla said comments by Hariri to parliament this week about IMF proposals including currency flotation referred to "general recipes" that the fund recommends to...

  • The seal of the International Monetary Fund(IMF) is seen outside of the headquarters building in Washington, DC on April 8, 2019.

    The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and China's yuan were seen as broadly in line with fundamentals.

  • WASHINGTON, July 17- Facebook Inc's planned cryptocurrency, Libra, could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday. Gita Gopinath told reporters the International Monetary Fund was flagging risks and concerns about...

  • CAIRO, July 17- Egypt's economy grew 5.6% in the 2018/ 19 fiscal year and is "on the right track" as it completes IMF-backed reforms, Prime Minister Mostafa Madbouly said on Wednesday. Egypt is emerging from a three-year economic reform programme tied to a $12 billion loan from the International Monetary Fund. Madbouly said Egypt's primary surplus stood at 2% for...

  • WASHINGTON, July 17- The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and China's yuan were seen as broadly in line with fundamentals. The Fund's External Sector Report- an annual assessment of currencies and external surpluses and deficits of...

  • IMF SEES RUSSIAN GDP GROWTH SLOWING TO 1.2 PCT IN 2019 FROM 2.3 PCT IN 2018; REBOUNDING TO 1.9 PCT IN 2020.

  • IMF SEES RUSSIAN GDP GROWTH SETTLING AROUND 1.8 PCT IN LONG-RUN, ABSENT DEEPER STRUCTURAL REFORMS.

  • IMF SAYS RUSSIAN INFLATION SHOULD RETURN TO 4 PCT TARGET BY EARLY 2020.

  • WASHINGTON, July 17- The International Monetary Fund on Wednesday forecast that lower oil prices and higher taxes would slow Russian economic growth in 2019 and said Moscow's medium-term growth outlook would remain modest unless it tackled deeper structural reforms. "Russia's economy continues to show moderate growth, under sound macroeconomic policies...

  • WASHINGTON, July 16- The International Monetary Fund on Tuesday said Vietnam's economic growth was expected to slow to 6.5% in full-year 2019 from a 10- year high of 7.1% in 2018, reflecting weak external conditions. Vietnam's gross domestic product was expected to expand by 6.5% again in 2020 and over the medium term, the IMF said in a report on the country's...

  • The pillars of that order, the International Monetary Fund and its sister institution the World Bank, have been controlled by the United States and Europe since their inception at the Bretton Woods conference in New Hampshire in July 1944. Le Maire said that while Bretton Woods had defined the international economic order of the second half of the 20th century,...

  • WASHINGTON, July 16- International Monetary Fund chief Christine Lagarde announced on Tuesday she had submitted her resignation from the global lender, saying she had more clarity about her nomination to be the next head of the European Central Bank. Lagarde's decision to resign comes on the eve of a meeting of the Group of Seven finance ministers in Chantilly,...

  • EXCLUSIVE-IMF MANAGING DIRECTOR CHRISTINE LAGARDE TO SUBMIT RESIGNATION ON TUESDAY- THREE SOURCES WITH KNOWLEDGE OF HER DECISION.

  • PARIS, July 16- The International Monetary Fund must continue to adapt to rising economic powers such as China and new financial technologies to remain relevant in its next 75 years, the fund's acting managing director said on Monday. David Lipton, speaking at a conference in Paris marking the 75th anniversary of the Bretton Woods institutions, said the IMF,...

  • Continued monetary accommodation appropriate in US, Europe and Japan, IMF says

    David Lipton, acting managing director of the IMF, says the global economy is "sluggish" and international trade is at its lowest level since 2012.

  • Economic developments making countries less willing to abide by international rules: IMF

    David Lipton, acting managing director of the IMF, discusses the U.S. and world economies.

  • BUENOS AIRES, July 15- Argentina has requested several modifications to its $57 billion International Monetary Fund financing deal, including that the lender support a tougher primary fiscal surplus target to help hammer home the country's commitment to trimming back its debt. Argentina requested an expansion of the end-September primary fiscal goal to a...