Thursday 28 March 2024
 
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International Monetary Fund

International Monetary Fund names senior executive

The International Monetary Fund (IMF) said its executive board has selected Charles Collyns as the new director of the Independent Evaluation Office of the Fund. He succeeds Moíses Schwartz of Mexico, whose term expires on

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IMF says energy subsidised by $5.3trn worldwide

Governments around the world charge prices for energy that do not account for its harmful environmental, health and other side effects, amounting to a $5.3 trillion "post-tax" subsidy this year, the International Monetary Fund said in

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IMF says energy subsidised by $5.3trn worldwide

Governments around the world charge prices for energy that do not account for its harmful environmental, health and other side effects, amounting to a $5.3 trillion "post-tax" subsidy this year, the International Monetary Fund said in

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IMF wants Britain to act on housing bubble risk

The International Monetary Fund (IMF) urged Britain to cool its housing market by reining in risky mortgages, the strongest warning yet from an international organisation about the risk of a property price bubble. So far there hav

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Tunisia expects IMF deal in May, sukuk in July

Tunisia expects to sign a $1.7 billion loan deal with the International Monetary Fund next month after a delay due to the crisis that followed the killing of an opposition politician in February, its finance minister said on Monday.

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India's industrial production up 2.7pc

Industrial production in India rose 2.7 per cent in August, more than expected on a rebound in mining activity, though investment still appears weak. Markets took the news in stride yesterday, suggesting that investors believe the

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Gulf wins IMF praise for oil price management

International Monetary Fund (IMF) managing director Christine Lagarde on Saturday  praised Gulf oil exporters for their help in stabilising the global economy by managing oil prices, despite complaints by some Western countries that energy

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IMF to cut global growth forecast

The International Monetary Fund (IMF) is set to cut its forecast for global growth next month when it updates its projections for the world economy, said its top official. "We continue to project a gradual recovery, but globa

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EU needs common finance chief: Lagarde

The euro zone needs a common finance minister and should consider issuing region-wide bonds to help pull it out of its economic crisis, said International Monetary Fund head Christine Lagarde. 'What is needed is a collective determinat

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Europe 'must fix banks, become unified'

Restoring the health of European banks is critical to strengthening a global economy that is struggling to regain its footing and is at risk of losing ground, said the head of the International Monetary Fund (IMF). Christine Lagarde, manag

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