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IMF's Lagarde says likely to approve Ukraine loan after Dec 10

Washington - The International Monetary Fund board will meet to approve a new loan deal for Ukraine "promptly" after December 10, once the country implements key policy steps including raising gas and heating rates, IMF chief Christine Lagarde said Wednesday.

IMF team ends Pakistan visit as talks continue

Islamabad - A team from the International Monetary Fund concluded its visit to Pakistan Tuesday, the government said, adding that "substantive progress" had been made but talks will continue on a possible bailout.

Argentina's Senate approves austerity budget

Buenos Aires - Argentina's Senate on Thursday gave final approval to an unpopular austerity budget designed to meet the stiff requirements of a $56 billion International Monetary Fund bailout.

IMF team in Pakistan as China pledges economic aid

Islamabad - An International Monetary Fund team arrived in Islamabad Wednesday for talks on a possible IMF bailout, even as Pakistan insisted it had solved its immediate balance of payments crisis.

IMF board approves increased loan package for Argentina

Washington - The International Monetary Fund executive board on Friday approved an increased loan package for Argentina worth $56 billion to help stabilize the crisis-battered country's economy and currency.The IMF said the approval released $5.

IMF board approves $56 bn loan package for Argentina

Washington - The International Monetary Fund executive board on Friday approved a $56 billion loan package for Argentina to help stabilize the crisis-battered country's economy.The IMF said the approval released $5.7 billion to the government immediately.

IMF reaches deal with Ukraine on new $4 bn, 14-month loan

Washington - The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that would unlock a new loan deal that will provide nearly $4 billion.

IMF to reopen office in Argentina

New York - The International Monetary Fund said Monday it has decided to reopen an office in Argentina, six years after leaving.

China's Belt and Road tempts states, but comes with risks

Nusa Dua - China's massive "Belt and Road Initiative" building push may create debt risks but is also responding to major infrastructure gaps in Asia and could boost global trade, World Bank officials say.

Window 'narrowing' for global economy, IMF warns

Nusa Dua - The window of opportunity for safeguarding global growth is "narrowing" as trade disputes deepen and emerging markets face fiscal crisis, the IMF said Saturday, warning countries against worsening things by weaponising currency and interest-rate polici...

US-China trade row not a threat to world economy: Mnuchin

Nusa Dua - US Treasury Secretary Steven Mnuchin pushed back Saturday against warnings that Washington's trade fight with China imperils the world economy, saying that pushing Beijing to open up will be good for all.

Who runs the (economic) world? It might soon be women

Nusa Dua - Who runs the world? It might soon be women as a crop of female economists join IMF chief Christine Lagarde in top positions at major financial bodies.

'Winter is coming', Indonesian leader warns amid economic gloom

Nusa Dua - Indonesia's president Friday turned to blockbuster television show "Game of Thrones" to sound the alarm over global trade tensions at an economic conference, warning that "winter is coming.

IMF chief defends rate hikes after Trump slams 'crazy' Fed

Nusa Dua - IMF chief Christine Lagarde on Thursday defended central bank rate hikes in a veiled rebuke to Donald Trump after the US president blamed "crazy" Fed policies for contributing to financial market turmoil.

Leaders need to fix broken economic models: IMF chief

Nusa Dua - World leaders need to fix global trading systems instead of trying to tear them down, International Monetary Fund chief Christine Lagarde said Wednesday, in a rebuke to nationalist politicians pushing tariffs and protectionism.

Fix trade, don't destroy it, IMF chief Lagarde warns

Bali - International Monetary Fund chief Christine Lagarde called on world leaders Monday to fix global trade systems instead of trying to tear them down in a rebuke to nationalist politicians pushing tariffs and protectionism.

US-China trade war sparks IMF global growth cut warning

Bali - The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that "everyone is going to suffer" from a clash between the world's two biggest economies.

IMF cuts global growth forecast to 3.7% for 2018, 2019 as risks rise

Washington - An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund to cut its forecast for world growth for this year and next.

Pakistan to begin bailout talks with IMF: minister

Islamabad - Pakistan will begin talks with the International Monetary Fund for a bailout package to stabilise its teetering economy and plug dwindling reserves, its finance minister said Monday.

IMF gathers in quake-battered Indonesia to focus on global economic tremors

Bali - Rising protectionism, vulnerable emerging markets and record debt levels: The IMF holds its annual meeting this week in earthquake-stricken Indonesia, as it shines a light on tremors in the global economy.

Spain court confirms jail term for ex-IMF chief Rato

Madrid - Spain's Supreme Court on Wednesday confirmed former IMF chief Rodrigo Rato's jail sentence of four years and six months for misusing funds in a case that sparked outrage when it was uncovered at the height of the country's economic crisis.

IMF's Lagarde warns economic risks have materialized, growth slowing

Washington - After sounding the alarm in recent years about threats to the global economy, International Monetary Fund chief Christine Lagarde said risks had begun to materialize and were slowing growth.

Even with new IMF backing, Macri faces trouble ahead

Buenos Aires - President Mauricio Macri warned Argentines Thursday they faced painful months ahead after his government pledged tough austerity measures to meet the terms of an enlarged $57 billion bailout from the IMF.

IMF bumps up Argentina bailout package to $57 billion

New York - The International Monetary Fund agreed on Wednesday to boost its crisis loan package aimed at restoring confidence in Argentina's struggling economy by 14 percent to $57.1 billion.

IMF increases Argentina crisis loan from $50 to $57 billion

New York - The International Monetary Fund has agreed to increase its crisis loan package aimed at restoring confidence in Argentina's struggling economy by $7 billion to $57 billion, the South American country's Finance Minister Nicolas Dujovne said on Wednesday...

IMF, Argentina 'close to the finish line' for new loan agreement: Lagarde

Washington - Argentina and the International Monetary Fund are closing in on the end of talks for a new crisis loan agreement, the fund's Managing Director Christine Lagarde said Tuesday.

Thousands protest in Argentina ahead of general strike

Buenos Aires - Tens of thousands of people marched in Buenos Aires Monday ahead of a general strike called to reject an austerity budget that Argentine President Mauricio Macri says is needed to secure IMF funds.

Argentina to get more IMF funds, won't default: Macri

New York - President Mauricio Macri said Monday that crisis-hit Argentina will receive additional funding from the International Monetary Fund and vowed to avoid a default.

Argentina budget key element in new crisis loan deal: IMF

Washington - Argentina's budget proposal submitted this week is a key element in the reforms needed for a new loan package for the crisis-hit country, an International Monetary Fund spokesman said Thursday.

IMF urges Marshall Islands not to issue its own cryptocoin

The Republic of the Marshall Islands announced back in February of this year that it was intending to issue digital currency as an alternative to the US dollar which is now the official currency.
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The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
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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
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
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
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IMF/ Business Insider
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund
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
Christine Lagarde
Christine Lagarde.
MEDEF
IMF Headquarters Washington DC
IMF Headquarters Washington DC
wikimedia
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
IMF
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
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
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
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

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