Search Results for: IMF
IMF calls for labour market reform to boost jobs
April 7th, 2016
Reforms include higher public spending to help the jobless find work, cutting benefits to encourage the jobless to take low-paid work and cutting taxes The protracted weakness of the global economy has highlighted the need for lower taxes on employment and ...
Christine Lagarde: IMF chief says ‘we are on alert’ when assessing risks to global growth
April 6th, 2016
International Monetary Fund Managing Director Christine Lagarde amped up calls for stronger action by world’s economies to boost growth, warning that downside risks were increasing without decisive action. In a speech at Goethe University of Frankfurt on 5 April, ...
Greece’s Path to New IMF Loan Grows Even Rockier Following Leak
April 5th, 2016
IMF officials discussed smaller surplus target, WikiLeaks says Fund has been pushing euro-area nations to offer debt relief Greek Prime Minister Alexis Tsipras may be alienating the International Monetary Fund just when he needs it most. The IMF has ...
IMF warns that an economic crisis in China could cause global recession again
April 5th, 2016
An economic crisis in China could result in a world-wide recession, warned the International Monetary Fund (IMF). This was because China’s financial links with the rest of the global economy was set to increase, the organisation said ahead of ...
IMF and China’s State Administration of Taxation Strengthen Technical Cooperation on Tax Policy and Administration Reform in China
March 28th, 2016
China’s State Administration of Taxation (SAT) and the International Monetary Fund (IMF) signed today in Washington a Letter of Understanding (LOU) on a technical cooperation project on advancing tax policy and administration reform in China. IMF Deputy Managing Director ...
Fitch reports about Cyprus’s decision to exit its three-year EU-IMF programme
March 17th, 2016
Fitch: Cash Buffer, Debt Management Support Cyprus Programme Exit Cyprus’s decision to exit its three-year EU-IMF programme ahead of schedule without a precautionary post-programme credit line reflects the sovereign’s comfortable cash position and strong debt management, which limit refinancing ...
IMF urges action as risks to the world economy rise
March 9th, 2016
Collective action is needed to boost the global economy, with volatile financial markets and low commodity prices creating fresh concerns about its health, the first deputy managing director of the International Monetary Fund (IMF) said on Tuesday. In a ...
Group of Twenty IMF Surveillance Note
February 25th, 2016
The global recovery has weakened further amid increasing financial turbulence and falling asset prices. Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, especially in advanced economies, increasing the likelihood of a further ...
IMF Executive Board Initiates Selection Process for Next Managing Director
January 21st, 2016
The Dean of the Executive Board of the International Monetary Fund (IMF), Mr. Aleksei Mozhin, made the following statement on January 20: “I am very pleased to announce that the Executive Board has adopted an open, merit-based, and transparent ...
IMF:Weak Pickup in Global Growth, with Risks Pivoting to Emerging Markets
January 19th, 2016
Global growth forecast revised down—3.4 percent in 2016 and 3.6 percent in 2017 Emerging market and developing economies facing increased challenges Key risks relate to China slowdown, stronger dollar, geopolitical tensions, renewed global risk aversion The pickup in global ...