International Monetary Fund Deputy Managing Director Gita Gopinath announced this week that she will be resigning from her position at the end of August to return to teaching at Harvard University. I have decided to return to my academic roots, she explained.
Add your comment!Brazilian President Luiz Inácio Lula da Silva Sunday criticized the role of the International Monetary Fund (IMF) and the World Bank (WB) because they represent “a reverse Marshall Plan, in which emerging and developing economies finance the more developed world.”
International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed once again her support for Argentina's economic policies following an encounter with Argentine Economy Minister Luis Toto Caputo during the IMF and World Bank Spring Meetings in Washington.
The Governor of the Bank of England Andres Bailey has urged continued US support for two major global economic institutions. According to a piece published by BBC, Mr. Bailey said he was “following extremely closely” whether the Trump administration would change its support for the International Monetary Fund (IMF) and the World Bank.
The Government of Bolivia stressed Monday that the International Monetary Fund's (IMF) devaluation and fiscal adjustment proposals were missing the target because they hinged on old data.
A Bank of America (BOFA) report released this week forecast that Argentina's Libertarian administration of President Javier Milei would be lifting the so-called exchange rate stocks in December this year. By that time, the rate was projected to stand at AR$ 1,400 = US$ 1. The study also deemed a US$ 20 billion from the International Monetary Fund (IMF) plausible, to endorse Milei's “chainsaw” State spending cuts policies amid greater exchange rate flexibility.
The International Monetary Fund's (IMF) team rounded up its mission to Buenos Aires Monday saying that negotiations for a new loan will continue. IMF Managing Director Kristalina Georgieva's envoys held meetings with Economy Minister Luis Toto Caputo and other high-ranking officials from the libertarian administration, after which they reckoned that some progress had been made.
Argentine President Javier Milei and International Monetary Fund (IMF) Managing Director Kristalina Georgieva held a meeting Sunday in Washington DC ahead of Donald Trump's inauguration to discuss the economic situation in the South American country.
Despite approving Argentine President Javier Milei's management in a broad way, the International Monetary Fund suggested the South American country should pay more attention to exchange rate arrears and the increasing poverty.
After concluding the fourth review of the Policy Coordination Instrument (PCI) with Paraguay as well as the second one on the Resilience and Sustainability Facility (SRS), the International Monetary Fund (IMF) approved a disbursement of US$186.28 million in Special Drawing Rights (SDRs) representing nearly US$ 245 million to help the South American country's green energy matrix expansion.