Tag: IMF

• Monday, March 28th 2011 - 01:03 UTC

  IMF recommends ending fiscal stimulus before turning to capital controls

  

  Latin American policy makers should withdraw fiscal and monetary stimulus to prevent their economies from overheating before turning to capital controls to limit foreign currency inflows, said Nicolas Eyzaguirre, the International Monetary Fund Western Hemisphere director.

• Friday, March 25th 2011 - 01:06 UTC

  IMF mission travels to Argentina in April to help design a new national CPI

  

  The International Monetary Fund said Thursday it will send a team to Argentina again next month to continue work on revamping the government's discredited inflation measure, and will provide specific recommendations.

• Thursday, March 10th 2011 - 17:43 UTC

  Qatar set to have this year the highest per capita income in the world

  

  Qatar is set to become the country with the world’s highest per capita income following on a breathless 16% growth in 2010 and a forecasted 20% this year according to the latest estimates from the IMF.

• Wednesday, March 9th 2011 - 05:14 UTC

  Argentina bans inflation from official jargon; inflation of synonyms

  

  Next October Argentines will be going to the polls to vote for president and renew Congress which anticipates a rough political eight months, but before that the administration of President Cristina Fernandez de Kirchner has to weather a round of labour contracts which will be demanding strong adjustments because of the “prices distortion and dispersion” since the word ‘inflation’ has been erased from the official jargon.

• Wednesday, March 9th 2011 - 01:36 UTC

  IMF nominates Egyptian national Deputy Managing Director

  

  Ms. Nemat Shafik, a national of Egypt and the UK has been nominated to the position of Deputy Managing Director of the International Monetary Fund. She will succeed Mr. Murilo Portugal, who resigned effective March 4, 2011.

• Monday, March 7th 2011 - 00:30 UTC

  Sustaining Latin America’s Transformation

  

  By Nicolás Eyzaguirre (*) Building on recent successes, Latin America now has a chance to raise its profile in the global marketplace. “There is nothing so joyous as a Mexican fiesta, but there is also nothing so sorrowful,” wrote Nobel-Prize-winning poet Octavio Paz, in The Labyrinth of Solitude. “Our fiestas are explosions. Life and death, joy and sorrow, music and mere noise are united.

• Friday, March 4th 2011 - 06:19 UTC

  Strauss-Khan describes IMF/Argentina relation as ‘romance” with love-hate periods

  

  The IMF relation with Argentina is like romance with its ups and downs, said IMF Managing Director Dominique Strauss-Khan who added he trusted that the IMF technical mission that will be visiting Argentina to help elaborate a new retail prices index would achieve “significant advances”.

• Friday, March 4th 2011 - 01:52 UTC

  Brazil, the seventh economy of the world and ready to overtake France and UK

  

  Brazil announced Thursday it has become the world’s seventh economy after having expanded 7.5% in 2010, the strongest in 24 years. Brazil’s GDP now stands at 2.1 trillion US dollars with a per capita income of 11.185 USD.

• Thursday, March 3rd 2011 - 05:46 UTC

  IMF chief praises Uruguay, cautions good times are not for ever

  

  IMF Managing Director Dominique Strauss-Khan praised the management and achievements of the Uruguayan economy and said it was a pleasure to visit a country that does not have major problems resulting from the 2008 global financial crisis, which is a “recurrent issue” of his busy agenda.

• Saturday, February 26th 2011 - 03:02 UTC

  Latin America: Making the Good Times Better

  

  By Dominique Strauss-Kahn - Latin America has enjoyed tremendous economic dynamism and a rising quality of life in recent years. But, faced with new challenges, the question is: how best to sustain this progress?