Tag: IMF

• Monday, September 26th 2011 - 03:27 UTC

  Latin America situation ‘solid’ but not ‘immune’; watch the fiscal front, says IMF

  

  The head of the IMF for the Western Hemisphere Department Nicolás Eyzaguirre discards an outflow of capitals from Latin America as a consequence of the current global situation and pointed out that the region’s position is solid.

• Friday, September 23rd 2011 - 07:45 UTC

  Argentine central bank dismisses IMF warning on risk of overheating economies

  

  The Argentine Central Bank Governor Mercedes Marcó del Pont dismissed the IMF’s warning on the risk of overheating economies in developing countries.

• Friday, September 23rd 2011 - 07:24 UTC

  Euro debt crisis and US political division ‘biggest threats’ to global economy

  

  US Treasury Secretary Timothy Geithner said that the European debt crisis and the political divisions in the United States were the biggest threats to the global economy.

• Friday, September 23rd 2011 - 01:41 UTC

  IMF chief wants “constructive dialogue” with Argentina but warns about stats

  

  The head of the International Monetary Fund, Christine Lagarde, said on Thursday that she wants a “constructive dialogue” with Argentina, while at the same time warned that she is not willing to make any “concessions” in terms of the quality of official data the IMF receives from member countries.

• Thursday, September 22nd 2011 - 22:17 UTC

  IMF re-activates resource pool of 571 billion for another six months

  

  The International Monetary Fund re-activated this week a 571 billion dollars resource pool to ensure it has funds to help cover Europe's worsening sovereign-debt crisis. The IMF extended activation of its so-called New Arrangements to Borrow for a six-month period from October.

• Thursday, September 22nd 2011 - 08:36 UTC

  IMF will use private and provincial data to gauge Argentine economy

  

  The International Monetary Fund will use estimates from the private sector and provincial governments to measure economic growth and inflation in Argentina, underscoring the IMF distrust of official data.

• Tuesday, September 20th 2011 - 21:48 UTC

  IMF lowers global 2011/12 growth estimates, but warns things can get worse

  

  The global economic recovery is slowing, with world growth projected at 4% in both 2011 and 2012, down from over 5% in 2010, the IMF said in its latest forecast. And even this lowered projection counts on a lot going well.

• Tuesday, September 20th 2011 - 21:27 UTC

  Euro-zone growth forecasts plummet: 1.6% this year and 1.1% in 2012

  

  The IMF cut its growth forecast for the 17-nation Euro zone by nearly half a percentage point to 1.6% in 2011 and even weaker conditions are seen for next year with growth of just 1.1%. Currently the single currency region is scarcely growing at a 0.25% annual rate.

• Tuesday, September 20th 2011 - 21:22 UTC

  Good grades for Latam in IMF report; Uruguay’s forecasted growth: 6% in 2011

  

  The IMF forecasts Uruguay’s economy will expand 6% in 2011 and 4.2% the following year. Estimates are in line with targets made public by Uruguay’s central bank.

• Thursday, September 15th 2011 - 19:02 UTC

  IMF calls for joint political leadership to break vicious circle of weak growth

  

  The head of the International Monetary Fund today urged advanced countries to take bold, coordinated action to break a vicious cycle of weak growth and high debt that threatens the global economy and has been worsened by dysfunctional politics.