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Main » 2012 » May » 06

D

espite the widespread repercussion from the global financial crisis, finance should be embraced rather than demonized, says economist Robert Shi ... Read more »
Views: 1211 | Added by: rafael | Date: 06.05.2012 | Comments (1)


T

he IMF is changing the way it provides technical assistance and training to member countries to make it more focused, integrated, nimble, and effective, IMF Deputy Managing Director Nemat Shafik said.

... Read more »

Views: 3465 | Added by: rafael | Date: 06.05.2012 | Comments (0)

МВФ собирает идеи по поддержке странам с низкими доходами


The International Monetary Fund (IMF) has launched a consultation process with the private sector, civil society, academics, and others to gather ideas on how to best use and improve its facilities to support low-income coun ... Read more »

Views: 1135 | Added by: rafael | Date: 06.05.2012 | Comments (0)

Amid Improving Fiscal Outlook, IMF Advises Caution


Fiscal tightening has become the order of the day in many economies, but cutting deficits by too much and too quickly could pose risks as well.

... Read more »

Views: 2494 | Added by: rafael | Date: 06.05.2012 | Comments (2)

IMF, With Firewall Pledged, Targets Growth and Jobs



The International Monetary Fund (IMF), buoyed by pledges to contribute more than $430 billion to a reinforced anti-crisis firewall, set its sights on rekindling growth, restoring confidence, and creating jobs to put ... Read more »

Views: 1200 | Added by: rafael | Date: 06.05.2012 | Comments (1)

IMF to Double Lending Power as Pledges Top $430 Billion


The Group of Twenty (G-20) advanced and emerging market economies, along with the broader IMF membership, agreed on pledges to boost the institution’s lending capacity by more than $430 billion.

... Read more »

Views: 1026 | Added by: rafael | Date: 06.05.2012 | Comments (0)

‘African Hope,’ but Continent Faces Challenges Too—Lagarde




African hopes for broader progress face challenges too, with several potential shocks that could affect the continent, IMF Managing Director Christine Lagarde said.

... Read more »

Views: 1263 | Added by: rafael | Date: 06.05.2012 | Comments (1)

Better Business Climate Can Soften Crisis Impact on Africa



African countries are focusing on improving their business climates to soften the impact on their economies of the crisis in the euro zone.

... Read more »

Views: 905 | Added by: rafael | Date: 06.05.2012 | Comments (0)

IMF Opens Its Doors to Wider Dialogue




The crisis in the euro zone, natural resources management, regulation of international capital flows, inclusive growth, and poverty reduction were front and center as the IMF heard from a cross-section of society.< ... Read more »

Views: 3880 | Added by: rafael | Date: 06.05.2012 | Comments (2)

Learning from Crisis Key to Restoring Economic Growth

With many countries still experiencing an uncertain economic outlook, charting a course back to economic prosperity might prove to be difficult, but not impossible, delegates at a conference said.

... Read more »

Views: 741 | Added by: rafael | Date: 06.05.2012 | Comments (0)

IMF Gathers Ideas on Best Use of Natural Resources



The International Monetary Fund (IMF) has launched a consultation process with the private sector, civil society, academics, and others to gather ideas about the best use of natural resources for boosting living stan ... Read more »

Views: 1745 | Added by: rafael | Date: 06.05.2012 | Comments (1)

Truly Integrated Market Would Bring Benefits to East Africa





Only a truly integrated market is likely to give East African Community countries the full benefits of improved productivity, competitiveness, and welfare, IMF Deputy Managing D ... Read more »

Views: 1156 | Added by: rafael | Date: 06.05.2012 | Comments (1)

Hungary Struggles as Growth Slows, Investors Retreat






Hungary’s government needs to improve its economic governance and fiscal policy mix as the euro zone crisis creates uncertainty for one of Europe’s key emerging markets, ... Read more »

Views: 686 | Added by: rafael | Date: 06.05.2012 | Comments (0)

Restoring Confidence Crucial to Rebuilding World Recovery





Rapidly restoring confidence in both Europe and globally is crucial to protecting the battered international financial system and rebuilding the ailing recovery, threatened particu ... Read more »

Views: 55748 | Added by: rafael | Date: 06.05.2012 | Comments (1)

India and China: Asia’s Giants Discuss Way Forward

Rising Asian giants China and India will discuss the impact of the global economic crisis on their two pace-setting emerging markets and ways of further tackling poverty and inequality at a two-day conference in New Delhi on March 19-20.

... Read more »

Views: 3203 | Added by: rafael | Date: 06.05.2012 | Comments (0)

Private Sector to Drive Africa's Growth, Bring Prosperity


The private sector will drive Africa’s economic growth and bring about the prosperity the continent’s people need and deserve, Rwanda’s President Paul Kagame told a conference of African legislators.

... Read more »

Views: 1100 | Added by: rafael | Date: 06.05.2012 | Comments (1)


Outlook Slowly Improving but Remains Fragile

Prospects for the global economy are slowly improving again, but growth is expected to be weak, especially in Europe, and unemployment in many advanced economies will stay high, according to the IMF’s latest forecast.

... Read more »

Views: 43359 | Added by: rafael | Date: 06.05.2012 | Comments (10)

Natural Resources Can Spur Growth But Need Good Management




Natural Resources Can Spur Growth But Need Good Management


Views: 722 | Added by: rafael | Date: 06.05.2012 | Comments (0)

European Banks Remain Under Pressure From Weak Growth


European banks remain under pressure from weak growth and high debt repayments. They need to strengthen their balance sheets by reducing assets and increasing their capital, a process known as deleveraging, to regain investor con ... Read more »

Views: 1017 | Added by: rafael | Date: 06.05.2012 | Comments (1)

Global Economy's 'Timid' Recovery Faces High Risks—Lagarde

Global Economy's 'Timid' Recovery Faces High Risks—Lagarde

IMF Survey online
... Read more »

Views: 1438 | Added by: rafael | Date: 06.05.2012 | Comments (4)

The Executive Board of the International Monetary Fund (IMF) today completed its review of Colombia’s qualification for the arrangement under the Flexible Credit Line (FCL) and reaffirmed Colombia’s continued qualification to access FCL resources. The Colombian authorities have indicated that they intend to continue treating the arrangement as precautionary.

... Read more »

Views: 716 | Added by: rafael | Date: 06.05.2012 | Comments (0)

A mission from the International Monetary Fund (IMF), led by Norbert Toé, visited Bangui during April 4–19, 2012 to conduct discussions on a three-year economic program that could be supported by the IMF under the Extended Credit Facility (ECF). The mission met with President François Bozizé; the President of the National Assembly, Celestin Gaombalet; Prime Minister, Faustin-Archange Touadéra; Minister of State for Finance and Budget, Sylvain Ndou ... Read more »

Views: 878 | Added by: rafael | Date: 06.05.2012 | Comments (1)

The Republic of South Sudan joined the International Monetary Fund (IMF) today when Finance and Economic Planning Minister Kosti Manibe Ngai signed the IMF’s Articles of Agreement at a ceremony in Washington D.C.

"I am happy to welcome the Republic of South Sudan, which today becomes our 188 ... Read more »

Views: 824 | Added by: rafael | Date: 06.05.2012 | Comments (1)

Opening Remarks by Christine Lagarde
Managing Director, International Monetary Fund
Washington DC, April 17, 2012

... Read more »

Views: 751 | Added by: rafael | Date: 06.05.2012 | Comments (0)

Speakers:
Tharman Shanmugaratnam, IMFC Chairman
... Read more »
Views: 759 | Added by: rafael | Date: 06.05.2012 | Comments (0)

Speakers:
Ms. Christine Lagarde, IMF Managing Director
Ms. Antoinette Sayeh, Director of the IMF’s African Department
... Read more »
Views: 806 | Added by: rafael | Date: 06.05.2012 | Comments (0)

Press Release No. 12/151
April 26, 2012

... Read more »

Views: 755 | Added by: rafael | Date: 06.05.2012 | Comments (0)

The Executive Board of the International Monetary Fund (IMF) today approved a 20-month Stand-By Arrangement (SBA) for Kosovo in a total amount equivalent to SDR 90.968 million (€ 106.6 million or US$140.8 million) in support of the government’s economic program for 2012–13. The Board’s decision immediately enables the initial disbursement of an amount equivalent to SDR 4.251 million (about € 5 million or US$6.6 million). The approval of the SBA follows the s ... Read more »

Views: 4707 | Added by: rafael | Date: 06.05.2012 | Comments (713)

A team from the International Monetary Fund (IMF) visited Dhaka April 18–26, 2012 to discuss budget developments and the near-term macroeconomic outlook. The visit came following approval by the IMF’s Executive Board of a three-year arrangement under the Extended Credit Facility (ECF) in mid-April in the amount of SDR 639.96 million (US$987 million at the time of program approval).

... Read more »

Views: 1001 | Added by: rafael | Date: 06.05.2012 | Comments (1)

The International Monetary Fund launched the Institute for Capacity Development today to spearhead its enhanced strategy for capacity-building services for its member countries. These capacity-development efforts are aimed at helping member countries develop their skills base and build more robust economic and financial institutions. The Institute, a new department incorporating the former IMF Institute and Offi ... Read more »

Views: 1439 | Added by: rafael | Date: 06.05.2012 | Comments (0)

International Monetary Fund (IMF) Managing Director Christine Lagarde today welcomed steps taken by member countries to authorize the use of profits from IMF gold sales to support concessional lending to low-income countries, and called on more members to join the global effort to support the world’s poorest countries. Under a plan initially launched in 2009 aimed at raising concessional lending capacity to US ... Read more »

Views: 880 | Added by: rafael | Date: 06.05.2012 | Comments (0)


Joint Conference by the IMF Fiscal Affairs Department and the Swedish Ministry of Finance, 7-8 May 2012 in Stockholm.

... Read more »

Views: 1168 | Added by: rafael | Date: 06.05.2012 | Comments (0)

The Executive Board of the International Monetary Fund (IMF) today completed its review of Colombia’s qualification for the arrangement under the Flexible Credit Line (FCL) and reaffirmed Colombia’s continued qualification to access FCL resources. The Colombian authorities have indicated that they intend to continue treating the arrangement as precautionary.

... Read more »

Views: 906 | Added by: rafael | Date: 06.05.2012 | Comments (0)

The conference "Fiscal Consolidation Programs and Medium-Term Budgetary Frameworks" will bring together policy-makers, practitioners, and academics from around the world to review current fiscal programs, discuss options, and propose solutions. In particular, the conference will focus on designing and implementing medium-term plans that restore fiscal sustainability while promoting broad-based economic growth.

Among the participants are Swedish Finance Minister Anders Borg, who will deliver the opening keynote speech, as well as IMF First Deputy Managing Director David Lipton and IMF Fiscal Affairs Department Director Carlo Cottarelli.
Views: 814 | Added by: rafael | Date: 06.05.2012 | Comments (0)