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International Monetary Fund

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Austerity policies do more harm than good, IMF study concludes

The Guardian - ‎May 27, 2016‎
The three IMF research department economists - Jonathan Ostry, Prakash Loungani and Davide Furceri - said the benefits of some important parts of the neoliberal agenda appeared to have been overplayed, while the risks from short-term flows of hot ...
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Eurozone and IMF Strike Deal on Greek Debt

Wall Street Journal - ‎May 24, 2016‎
BRUSSELS—Eurozone finance ministers and the International Monetary Fund patched together a deal in the early hours of Wednesday that clears the way for fresh loans for Greece and sets out how the country could get debt relief in the future.
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The IMF has not lived up to its own hype on social protection

The Guardian - ‎May 25, 2016‎
Yet, factsheets, discussion notes (pdf) and public statements tell us that the IMF is now a changed institution. Taking on board the many criticisms of its practices, the organisation reformed itself: social spending is protected, health and education ...
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IMF Proposal on Greece Sets Up Battle With Germany

Wall Street Journal - ‎May 17, 2016‎
BERLIN—The International Monetary Fund is demanding that Europe free Greece from all payments on its bailout loans until 2040, in the opening bid of a struggle that pits IMF math against German muscle. A new IMF proposal shared with Europe late last ...

How much will $15 billion IMF loan really cost Iraq?

Al-Monitor - ‎May 24, 2016‎
BAGHDAD - On May 19, Iraq signed an agreement with the International Monetary Fund (IMF) for a loan for as much as $15 billion over the next three years.
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Press Release

International Monetary Fund - ‎May 19, 2016‎
On May 16, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Algeria, and considered and endorsed the staff appraisal without a meeting.
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IMF Lays Out Bleak Prospects for Greek Debt Without Restructuring

Wall Street Journal - ‎May 20, 2016‎
BERLIN—The International Monetary Fund believes Greece's debt will rise toward 300% of gross domestic product in the long term, unless the country's loans are deeply restructured, according to an IMF document shared with eurozone governments last ...
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IMF Scrutinizing Moldova's Banking System In Deciding On Loans

RadioFreeEurope/RadioLiberty - ‎May 23, 2016‎
The International Monetary Fund will focus on Moldova's financial system in reviewing Chisinau's request for a loan after the disappearance of more than $1 billion from Moldovan banks.
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IMF Reaches Agreement With Bosnia on 550Mln Euro Assistance Package

Sputnik International - ‎May 24, 2016‎
WASHINGTON (Sputnik) - The International Monetary Fund (IMF) reached an agreement with the government of Bosnia and Herzegovina (BiH) on a reform program package worth 550 million euro, IMF head of mission Nadeem Ilahi said in a press release ...
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President Ilham Aliyev received head of International Monetary Fund mission on Azerbaijan

AZERTAC News - ‎May 20, 2016‎
Head of the International Monetary Fund mission on Azerbaijan Mohamed El Gorchi highly appreciated the measures taken by the Azerbaijani government to eliminate the complications caused by the global economic crisis.

Mozambique: IMF Director Links Undisclosed Loans to Corruption - ‎May 26, 2016‎
Maputo - The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has publicly accused the Mozambican government of “concealing corruption”, in the scandal over more than a billion dollars worth of government guaranteed ...
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Senior International Monetary Fund official visits Iran

Zee News - ‎May 15, 2016‎
"The recent lifting of economic sanctions is expected to help increase oil production and exports, and lower costs for trade and financial transactions," the IMF wrote in a January "economic health check" of Iran, adding that its real GDP growth was ...
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China to Nominate PBOC's Zhang Tao as Next IMF Deputy

YIBADA English - ‎May 21, 2016‎
Zhang Tao, a central bank veteran with experience at multilateral development banks, is being considered to become the next International Monetary Fund (IMF) deputy managing director as China plans to nominate Zhang to replace Zhu Min who holds the ...
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Experts Debate Policy Options for China's Transition

International Monetary Fund - ‎May 18, 2016‎
The workshop, held at the IMF's headquarters in Washington, D.C., explored a series of questions that have emerged as China shifts toward a new growth model.

IMF approves funds for Suriname

Antigua Observer - ‎16 hours ago‎
WASHINGTON, May 28, CMC - The International Monetary Fund (IMF) has approved a US$478 million loan to Suriname with President Desi Bouterse going on radio and television to announce the 24 month Stad By Agreement (SBA).

IMF hires CBE deputy governor to pen fiscal, monetary policies for emerging nations

Daily News Egypt - ‎12 hours ago‎
The International Monetary Fund (IMF) will hire Rania Al-Mashat, deputy governor of the Central Bank of Egypt (CBE), to pen the fiscal and monetary policies for a number of emerging countries, including Vietnam and India.

There has never been a country that should have been so rich but ended up this poor

Washington Post - ‎May 19, 2016‎
Venezuela has become a failed state. According to the International Monetary Fund's latest projections, it has the world's worst economic growth, worst inflation and ninth-worst unemployment rate right now.

Maldives to achieve 3.5 per cent GDP growth this year, says IMF

The Hindu - ‎11 hours ago‎
Maldives is expected to achieve a 3.5 per cent real GDP (gross domestic product) growth this year, according to the International Monetary Fund (IMF). The multilateral agency, which recently held consultations with the authorities of Maldives, said the ...

Eurogroup Backstage Drama: IMF's Disagreement Concerns EZ Finance Ministers

Greek Reporter - ‎12 hours ago‎
This time, however, the delays were not high-stakes calls to Athens that kept the Eurozone's finance ministers up until the early hours of Wednesday morning, but the demands of the International Monetary Fund that wanted debt relief for Athens.
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IMF official: Iran can't count on big jump in oil revenue

The Seattle Times - ‎May 17, 2016‎
TEHRAN, Iran (AP) - A senior International Monetary Fund official says Iran must deal with a shift to lower crude prices and cannot count on a big jump in oil revenue as it looks to boost production and better integrate with the global economy.