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Imf News

Argentina gets first $15 bn from IMF

Buenos Aires - Argentina on Friday received $15 billion, the first tranche of a $50 billion loan from the International Monetary Fund to help stabilize its fragile economy, the South American nation's central bank said.

IMF greenlights three-year $50 bn Argentina aid program

Washington - The International Monetary Fund on Wednesday formally approved a $50 billion aid package intended to help Argentina confront inflation, budget deficits and a weakening currency.

Greeks wary of 'worse' days after bailout

Atenas - The end to Greece's third and final multi-billion bailout, to be set in motion Thursday, is unlikely to provide a respite from pay cuts and tax hikes, many Greeks fear."It's all false, new measures will come...

Argentine stock market up 4.15 percent after IMF deal

Buenos Aires - Argentina's stock market rose 4.15 percent while its currency fell 1.68 percent against the dollar Friday, a day after Buenos Aires agreed to a $50 billion standby loan from the International Monetary Fund.

Argentina and IMF agree on $50 billion loan

Buenos Aires - The International Monetary Fund (IMF) agreed with Argentina to a standby loan of $50 billion over a three-year period, Finance Minister Nicolas Dujovne said Thursday.

IMF-Argentina loan talks 'well advanced,' spokesman says

Washington - Talks between the International Monetary Fund and Argentina on a new loan program are in advanced stages, with the Fund's board likely to consider the matter soon, a spokesman said Thursday.

IMF hails France as 'reform leader' in boost for Macron

Paris - The International Monetary Fund on Monday hailed France's economic recovery as "impressive", in a strong endorsement of President Emmanuel Macron's pro-business reform drive.

IMF urges Saudi to contain spending as deficit widens

Dubai - The International Monetary Fund has called on Saudi Arabia to keep public spending under control, even as a partial recovery of oil prices helps the economy emerge from recession.

IMF's Lagarde says ready to assist Argentina

Washington - International Monetary Fund chief Christine Lagarde said Thursday she is ready to aid Argentina and wants talks on a financing package to be finalized quickly.

Argentina minister to meet IMF's Lagarde to request loan

Washington - Argentina Economy Minister Nicolas Dujovne is due to meet Thursday with IMF chief Christine Lagarde to request a financing package to help shore up the struggling economy, officials said Wednesday.

Argentina seeks IMF financing to stabilize economy

Buenos Aires - Argentina opened talks with the International Monetary Fund on Tuesday to seek a financial aid package, 17 years after the country defaulted on its debt and 12 years after cutting ties with the fund.

African growth picks up but debt a concern, says IMF

Libreville - Growth across sub-Saharan African will rise to 3.4 percent this year from 2.8 percent in 2017, but in the continent's poorest countries, debt is a major burden, the IMF said on Tuesday.

IMF censures Venezuela over economic data gaps

Washington - The International Monetary Fund on Wednesday censured Venezuela for failing to provide key economic data in a process that eventually could result in the Latin American nation's expulsion from the fund.

Venezuela's collapse one of the worst in modern history:IMF

Washington - Venezuela's economic collapse ranks as one of the worst in modern history, an International Monetary Fund official said on Friday.

France rejects 'vain and pointless' trade fight with China

Washington - France criticized Washington's trade tactics on Friday, demanding Europe be permanently exempt from US steel tariffs, while refusing to be drawn into a "vain and pointless" trade fight with China.

No economic risk for Spain from Catalan dispute: IMF

Washington - The is no current risk to Spain's solid economic growth from the separatist crisis in the country's Catalonia province, a senior International Monetary Fund official said Friday.

World Bank fund for poorest countries issues $1.5 bn bond

Washington - The World Bank fund dedicated to helping the world's poorest countries on Tuesday announced it has raised $1.5 billion in its first-ever global bond issue, which enjoyed huge demand from investors.

IMF sees solid near-term global growth but risks beyond

Washington - The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said Tuesday.

IMF sees emerging Asia as top global growth engine

Bejing - The IMF said Tuesday it remains upbeat about the economic prospects of emerging Asia, labelling the region "the most important engine of global growth" despite concerns over trade disputes and mounting debt.

IMF chief warns 'no winners' in trade wars

Buenos Aires - International Monetary Fund chief Christine Lagarde cautioned the United States against putting up barriers to trade in an interview published Sunday.

IMF chief warns trade war will harm global growth

Paris - The head of the International Monetary Fund warned Wednesday that a trade war US President Donald Trump apparently intends to provoke with tariffs on steel and aluminium would snuff out global growth.

IMF chief urges Arab states to slash spending

Dibai - IMF chief Christine Lagarde on Saturday urged Arab countries to slash public wages and subsidies in order to rein in spending, achieve sustainable growth and create jobs.

IMF raises global growth forecasts, US tax cuts provide boost

Washington - Global economies are recovering simultaneously and at a stronger pace, and will get at least a short-term boost from the US tax cuts, the International Monetary Fund said Monday.

IMF urges Germany to loosen purse strings

Frankfurt Am Main - IMF chief Christine Lagarde has joined calls on Germany to invest in future economic growth even at the cost of relaxing its cherished budgetary discipline, raising hackles in Europe's powerhouse.

Strikes hit Greece over move to curb industrial action

Atenas - Strikes on Monday crippled public transport in Athens and hit air traffic ahead of a parliamentary vote on controversial reforms demanded by Greece's creditors, including curbs on industrial action.

Make reforms while sun shines on world economy: Lagarde

Paris - International Monetary Fund chief Christine Lagarde has urged France and other countries to push through reforms "while the sun is shining" on the global economy.

Brexit trade deal can help UK growth: IMF's Lagarde

London - Britain's tepid growth can improve along with other advanced economies should a positive trade deal over Brexit be agreed with the European Union, IMF chief Christine Lagarde said Wednesday.

Zimbabwe will need international effort to restore economy: IMF

Washington - It will take a major international effort to restore Zimbabwe's battered economy, and the International Monetary Fund is prepared to help, a fund spokesman said Thursday.

Spain court orders ex-IMF head Rato to be tried for fraud

Madrid - A Spanish court on Friday ordered former IMF head Rodrigo Rato to stand trial for fraud over the failed 2011 listing of Bankia, a bank he led which later needed rescuing by the state.

Spain court orders ex-IMF head Rato to be tried for fraud

Madrid - A Spanish court on Friday ordered former IMF head Rodrigo Rato to stand trial for fraud over the failed 2011 listing of Bankia, a bank he led which later needed rescuing by the state.
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Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
ROAR Mag
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Mandel Ngan, AFP/File
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund
Former International Monetary Fund Managing Director  Dominique Strauss-Kahn  at a press conference
Former International Monetary Fund Managing Director, Dominique Strauss-Kahn, at a press conference
International Monetary Fund
IMF Headquarters Washington DC
IMF Headquarters Washington DC
wikimedia
The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
bixintx
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People s Party conven...
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People's Party convention in Vilnius, Lithuania, in 2013.
European People's Party
CRISIS: Message posted on ATMs in Greece last month at height of country s dispute with European Uni...
CRISIS: Message posted on ATMs in Greece last month at height of country's dispute with European Union lenders. Banks were closed for more than three weeks but reopened Monday with limits on withdrawals.
SucreRouge/Wikimedia Commons
Aid was promised  but where is the money?

At the end of February of this year the EU leaders in rep...
Aid was promised, but where is the money? At the end of February of this year the EU leaders in reply to changing of State power in Ukraine promised to give financial help, aimed at financial system stabilization and different investment projects realization directed on development of the country economy. Then Elmar Brok, chairman of the EP Committee on Foreign Affairs announced a sum in 20 billion Euros, which will be received by Ukraine for the reform implementation as soon as a new governme
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
YouTube
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Uk...
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Ukraine was one of the topical at the G-20 summit in Sydney. Ukrainian issue stirred up all international politicians. Such a potential grantors of Ukraine as the EU, the USA and the IMF expressed willingness to help Ukraine. The EU proposes to organize a conference of grantors for financial aid to Ukraine and to coordinate measures in order to lend economic aid to Ukraine from the USA, Japan, China
The global community is ready to grant a financial aid to Ukraine
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
IMF
Christine Lagarde
Christine Lagarde.
MEDEF
Untitled
IMF/ Business Insider
IMF Managing Director Christine Lagarde (C) visits the Artisan Market with Peruvian Minister of Econ...
IMF Managing Director Christine Lagarde (C) visits the Artisan Market with Peruvian Minister of Economy Alonso Arturo Segura Vasi (R) and Deputy Minister of Trade and Tourism Maria del Carmen de Reparas (L) in Pisac, Peru on October 4, 2015
Stephen Jaffe, IMF/AFP

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