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Opening Bell: 04.23.12

IMF And World Bank Meetings End With Little Agreement (NYT) To be sure, the additional $430 billion in lending capacity contributed by developed economies like Japan, Britain, Saudi Arabia and South Korea was seen as a major achievement. The contributions came after I.M.F. economists determined that countries around the world might require up to $1 trillion in new loans because of the combined effects of the sovereign debt crisis in Europe and sluggish global economic growth.
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AfDB commits $7.5m for Africa capacity

Business & Finance : Business Report (3 years ago)

The International Monetary Fund (IMF) and the African Development Bank (AfDB) have signed an agreement for a contribution of US$7.5 million by the AfDB to support IMF capacity building in Africa through the third phase of the Africa... Read Post

Japan: not aware of IMF $600 billion euro zone aid plan, nor is South Korea and the Speculations Continue

News : The Coming Crisis (3 years ago)

A Japanese government official said on Thursday he had not heard of a reported $600 billion IMF lending facility to help the euro zone, although Japan would consider providing bilateral loans to the Fund if warranted by developments... Read Post

Will India’s IMF Move Work?

News / International Affairs : The Diplomat (2 years ago)

Last week, the G-20 states agreed to bolster the IMF’s lending capacity by $430 billion to help avert further fallout from the crisis in the Eurozone. Japan was to add $60 billion, with other donors including Saudi Arabia and South ... Read Post

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