(Reuters) – China’s economy is “doing well”, but faces challenges such as default risks for certain firms due to “mismanagement”, the People’s Bank of China Governor Yi Gang said on […]
G20 backs IMF chief's new trust to reach broader range of countries in need
WASHINGTON (Reuters) -IMF chief Kristalina Georgieva on Wednesday won the endorsement of the Group of 20 major economies for a new trust that will allow rich IMF members to donate […]
U.S. Senators call for 'full accountability' in World Bank data controversy
WASHINGTON (Reuters) – The top Democrat and Republican on the U.S. Senate Foreign Relations Committee have urged President Joe Biden to “ensure full accountability” over a World Bank data-rigging controversy […]
Singapore to renew loan commitments to IMF
SINGAPORE (THE BUSINESS TIMES) – Singapore will renew its loan commitments totalling US$3.58 billion (S$4.74 billion) to the International Monetary Fund (IMF). The Monetary Authority of Singapore (MAS) said this […]
Argentine leader say new IMF deal must not jeopardize economic recovery
BUENOS AIRES, Sept 22 (Reuters) – Argentina will repay the money it owes to the International Monetary Fund under new terms to be negotiated in upcoming talks, but will not […]
Pandemic to bring Asia's growth to a halt for 1st time in 60 years: IMF
TOKYO (REUTERS) – Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the […]
Make-or-break moment confronts world at IMF talks
WASHINGTON • The world’s ability to check the coronavirus contagion and fully recover from the worst peacetime recession since the Great Depression may depend on what international economic policymakers decide […]