Tag: IMF

• Tuesday, April 19th 2011 - 17:30 UTC

  Uruguay admits to IMF concern over inflation, but rejects capital flow controls

  

  Uruguay’s concern with inflation risks and instruments to ‘mitigate’ its impact was underlined by the region’s representative at the IMF Monetary and Financial Committee meeting in Washington where the IMF and World Bank are holding their spring meetings.

• Tuesday, April 19th 2011 - 14:04 UTC

  IMF pounds at emerging and developed countries, but forgets self-criticism

  

  The IMF criticized developing countries for not responding strongly enough to the surge of hot money into their markets, saying the result could be a hard economic landing.

• Monday, April 18th 2011 - 21:51 UTC

  Finland’s anti-Euro strong showing could block Portugal’s bailout negotiation

  

  What’s the link between Portugal's bailout negotiations and Finland? Well negotiations began under a cloud Monday after an anti-Euro party scored big gains in a Finnish election and immediately vowed to derail the pending rescue.

• Saturday, April 16th 2011 - 10:02 UTC

  Argentina has not replied IMF recommendations for an inflation index

  

  IMF Western Hemisphere Director Nicolás Eyzaguirre said the organization had not yet received any official communication from the Argentine government regarding IMF recommendations over its inflation index.

• Saturday, April 16th 2011 - 09:57 UTC

  IMF chief warns on the dangerous cocktail of unemployment and inequality

  

  Economic stability depends on a strong middle class that can propel demand. We will not see this if growth does not lead to decent jobs, or if growth rewards the favoured few over the marginalized many.

• Friday, April 15th 2011 - 05:35 UTC

  Developing nations reject IMF rules on capital inflows controversy

  

  Developing nations warned the IMF on Thursday against imposing new rules dictating how they manage capital inflows rushing into their economies, suggesting rich nations take a hard look at their own policies instead.

• Thursday, April 14th 2011 - 23:50 UTC

  Mercosur outperformed in 2008/09 recession and during 2010 recovery

  

  Latin America and the Caribbean have weathered the 2008-2009 recession much better than it had previous downturns. However less well-known is that the region, particularly Mercosur members, also decisively outperformed many other regions during the same period with a decline in growth smaller than that of the middle-income country average and with a rebound that was swifter and stronger.

• Thursday, April 14th 2011 - 05:34 UTC

  Oil to remain high, look for alternative sources of energy recommends IMF

  

  Oil prices are likely to remain high for the foreseeable future and IMF economists say that governments should be looking to back sustainable alternative sources of energy.

• Wednesday, April 13th 2011 - 05:41 UTC

  IMF approves Uruguay’s performance but road ahead has many uncertainties

  

  Uruguay’s growth estimate for this year remains at 5% but is forecasted at 4.2% for 2012 with warnings on the economy’s over-heating, significant inflow of capital and inflation, according to the IMF World Economic Outlook released this week. In 2010 the Uruguayan economy expanded 8.5%.

• Wednesday, April 13th 2011 - 00:34 UTC

  IMF says much more can be done to rein in fiscal deficits and debts

  

  The outlook for government debts and deficits in 2011 is a mixed bag, with most advanced economies reining in fiscal deficits, but not fast enough to keep their debt from rising. Fiscal balances are improving in most emerging economies, and some could do more as they experience a windfall from high commodity prices and strong capital flows.