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IMF welcomes US-sanctioned former Russia central banker

Ksenia Yudaeva, under sanctions from the United States, has been elected as the International Monetary Fund’s executive director for Russia and Syria, the IMF said on Friday. The executive board is the IMF’s top day-to-day business decision-making body. Executive directors are elected by member countries or by groups of countries. The outgoing Russian executive director […]

EXCLUSIVE: ‘We stand by our advice’ – IMF clarifies purported denial of petrol subsidy, FX advisories

The International Monetary Fund (IMF) on Wednesday cleared the air on reports making the rounds that it has distanced itself from an earlier advisory provided to the Nigerian government on petrol subsidy removal and reform of the foreign exchange market. The Washington-based institution said that it stands by its advice to Nigeria to remove petrol […]

မြန်မာနိုင်ငံ၏စီးပွားရေးဖွံ့ဖြိုးတိုးတက်မှုနှုန်းက ၂၀၂၈ ခုနှစ်တွင် အမေရိကန်ဒေါ်လာ ဘီလျံ ၁၀၀ နီးပါးအထိ မြင့်တက်လာဖွယ်ရှိနေဟု IMF ခန့်မှန်း

မြန်မာနိုင်ငံ၏စီးပွားရေးဖွံ့ဖြိုးတိုးတက်မှုနှုန်းက ၂၀၂၈ ခုနှစ်တွင် အမေရိကန်ဒေါ်လာ ဘီလျံ ၁၀၀ နီးပါးအထိ မြင့်တက်လာဖွယ်ရှိနေဟု IMF ခန့်မှန်း – Myanmar Transparency News Source link

Pakistan seeks additional $1b from IMF for climate resilience fund

Finance minister Aurangzeb says Pakistan is a very good candidate for funding facility from IMF Resilience and Sustainability Trust.  Pakistan is also engaged with Middle Eastern banks regarding commercial loans. WASHINGTON  –  Pakistan has formally requested for $1 billion fund from the International Monetary Fund (IMF) facility that helps low and middle income countries mitigate […]

IMF maintains growth outlook for PHL

By Beatriz Marie D. Cruz, Reporter THE PHILIPPINES is expected to be one of the fastest-growing economies in Southeast Asia through 2029, according to the International Monetary Fund (IMF).    In its latest World Economic Outlook (WEO), the IMF kept the Philippine gross domestic product (GDP) growth outlook at 5.8% this year, which is below […]

Can the IMF and World Bank Get Back on Track?

This year, David Miliband wrote that World Bank and International Monetary Fund (IMF) summits “have little of the drama of peace negotiations” but that “for the poorest people in the world, the decisions made at these meetings are matters of life and death.” Miliband’s words hold true as the institutions prepare for their annual meetings […]