Saturday 7 May 2016
 
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IMF

IMF welcomes Bahrain reforms; seeks more

International Monetary Fund (IMF) has welcomed the substantial fiscal measures Bahrain has implemented, including on energy price reform, to safeguard macroeconomic stability. Nonetheless, additional efforts are needed to further

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Mozambique has over $1bn of hidden debt, says IMF

The International Monetary Fund (IMF) said on Saturday that Mozambique has admitted to having over one billion dollars of undisclosed debt and the two sides were now evaluating the implications of this disclosure. The IMF learned

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Mozambique has over $1bn of hidden debt, says IMF

The International Monetary Fund (IMF) said on Saturday that Mozambique has admitted to having over one billion dollars of undisclosed debt and the two sides were now evaluating the implications of this disclosure. The IMF learned

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IMF cuts global growth forecast yet again

The IMF recently revised down its forecast for global growth in 2016 for the fourth consecutive year, citing loss of growth momentum in advanced economies, the turbulence in financial markets and political and natural forces. The

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IMF pledges more support to spur global growth

International Monetary Fund managing director Christine Lagarde said the fund would do more in 2016 to help its members meet economic growth objectives, including devoting more resources to protect vulnerable countries.  

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IMF warns of global stagnation risk

The International Monetary Fund cut its global growth forecast for the fourth time in the past year on Tuesday, citing China's slowdown, persistently low oil prices and chronic weakness in advanced economies. The Fund, whose s

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IMF backs negative rates move by cbanks

The International Monetary Fund said on Sunday that a move to negative rates by some of the world's central banks would help deliver extra monetary stimulus and ease lending conditions. Six of the world's central banks hav

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IMF chief amps up call to boost global growth

International Monetary Fund managing director Christine Lagarde on Tuesday turned up the volume on her calls for stronger action by the world's economies to boost growth, warning that downside risks were increasing without decisive action.

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Iraq could secure $15bn financing by June: IMF

The International Monetary Fund could approve as early as June a standby arrangement (SBA) with Iraq unlocking $15 billion in international assistance over the next three years, the head of the IMF's Iraq mission said. Christi

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War, oil rout erode Mideast growth prospects: IMF

Wars and depressed crude oil prices have diminished growth prospects for the Middle East and central Asia, and private sector productivity gains are needed to avoid a "new mediocre" for the region, the International Monetary Fund (IMF)

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