Tag: FMI

• Monday, June 29th 2015 - 06:20 UTC

  Greek banks closed and Tsipras takes the dispute with ECB and IMF to the brink

  

  Greek banks are to remain closed and capital controls will be imposed, Prime Minister Alexis Tsipras announced. Speaking after the European Central Bank (ECB) said it was not increasing emergency funding to Greek banks, Tsipras underlined Greek deposits were safe.

• Thursday, June 4th 2015 - 08:45 UTC

  IMF gives Argentina more time to remedy quality of official CPI and GDP data

  

  The International Monetary Fund extended the period given to Argentina to remedy its local statistical measurement tools, while recognizing the country has made advancements in the matter. The IMF directive board met on Wednesday in Washington to assess Argentina's statistical indexes.

• Wednesday, September 19th 2012 - 05:51 UTC

  IMF calls on Argentina to implement measures on the quality of official data

  

  The International Monetary Fund announced on Tuesday that it “regretted the lack of sufficient progress” with Argentina to address the quality of the official data reported by the country and urged it to come up with a response to the organization’s concerns by December 17th.

• Monday, July 16th 2012 - 23:59 UTC

  IMF cuts world growth forecast; Latam drops from 3.7% to 3.4%

  

  International Monetary Fund on Monday cut its global growth forecast and warned that the outlook could dim further if policymakers in Europe do not act with enough force and speed to quell their region's debt crisis.

• Friday, June 15th 2012 - 19:16 UTC

  Euro-zone financial turmoil will have significant impact on global economy, says Fitch

  

  Fitch Ratings says a new round of adverse shocks centred on the Euro zone is slowing the fragile global economic recovery. In its latest quarterly Global Economic Outlook (GEO), Fitch forecasts real GDP growth of major advanced economies (MAE) to remain weak at 1.1% in 2012, before only a modest rebound to 1.7% in 2013 and 2.2% in 2014.

• Wednesday, June 13th 2012 - 06:17 UTC

  Ahead of G20 summit Brazil conditions IMF support and wants stimulus policies

  

  The amount of additional money Brazil plans to contribute to the IMF will depend on commitments to bolster the influence of emerging-market nations at the global lender, a senior Brazilian government official said on Tuesday.

• Thursday, July 14th 2011 - 22:18 UTC

  IMF assessing quality of Argentina’s economic data reporting

  

  IMF said on Wednesday that it is assessing the quality of Argentina's reporting on economic data based on a report presented by the fund’s management which recently visited the country member.

• Tuesday, July 12th 2011 - 23:32 UTC

  China secures one of IMF four Deputy Managing Director posts

  

  China has secured its first top-level post at the International Monetary Fund (IMF) in recognition of its growing power in the global economy. New IMF Managing Director Christine Lagarde appointed Zhu Min to a newly created deputy managing director post.

• Friday, June 18th 2010 - 20:29 UTC

  IMF chief Strauss-Khan strongly supports Spain’s reforms

  

  IMF Managing Director Dominique Strauss-Kahn praised Spain’s management of the current economic situation and said the budget deficit will shrink “rapidly” as the government’s overhaul of labor rules boosts economic growth.