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Issues With E-Declaration System in Ukraine Pose Threat to IMF Tranche

The existing problems with the Ukrainian system of electronic declaration could threaten the disbursement of the next tranche of financial aid from the International Monetary Fund (IMF), Ukrainian Finance Minister Oleksandr Danyliuk said Monday.

Japan's economy travels a narrow road

Desperate times call for desperate measures. The International Monetary Fund seems to have lost hope that monetary and fiscal policy can shift the Japanese economy out of its deflationary torpor. The IMF, usually the embodiment of conservative...Show More Summary

FinTech Revolution and the Growing Need for Performance Testing

During his tenure as Chief Economist at the International Monetary Fund, Raghuram Rajan (now the Governor of the Reserve Bank of India) delivered a controversial… Continue Reading ? The post FinTech Revolution and the Growing Need for Performance Testing appeared first on Gallop - Blog.

Europe's aging population is set to wreak havoc with the economy

Europe's aging population is going to cause a sharp productivity slowdown and cause serious economic problems, according to new research from staff at the International Monetary Fund. Europe's already aging population is about to swell...Show More Summary

High-Risk ‘Shadow' Credit in China Put at $2.9 Trillion by IMF

International Monetary Fund staff said that 19 trillion yuan ($2.9 trillion) of Chinese "shadow" credit products are high-risk compared with corporate loans and highlighted the danger that defaults could lead to liquidity shocks....The...Show More Summary

I.M.F. Lends $12 Billion to Egypt to Fix Ailing Economy

The International Monetary Fund agreed to grant Egypt the loan over three years to help stabilize its currency and reduce its budget deficit.

UK’s Prime Minister Commits to Successful Brexit

On June 23rd, despite months of fear mongering by former Prime Minister David Cameron and his allies, doomsday global economic forecasts offered by the International Monetary Fund and the Obama

IMF Finishes Review of Pakistan's Program Paving Way to $102Mln Tranche

IMF mission head Harald Finger said that International Monetary Fund has completed the finial review of Pakistan's economic program, allowing the country to receive $102 million in assistance upon approval by the fund's board.

IMF Releases Damning Report on Failures of Greek Bailout Deals

The International Monetary Fund (IMF) has released a damning report on the way its own staff failed to spot problems in the Eurozone, following the global credit crisis of 2007/8, and described the Greek bailouts a being ill-conside...

Saudi Arabia GDP Growth to Slow to 1.2% in 2016, Budget Deficit to Narrow to 13%

International Monetary Fund (IMF) noted that Saudi inflation has grown to more than 4 percent because of an increase in energy and water prices.

IMF to Keep Ukraine Waiting for Second Tranche of Money

International Monetary Fund spokesperson said that IMF executive board will not be able to consider the second review to disburse assistance to Kiev before its recess this week.

Shame On You, Greeks!

The international torture of Greece continues. The lenders -- European and American banks, the European Commission, and America's International Monetary Fund -- demand Greece privatizes everything. This translates into selling Greece...Show More Summary

IMF Approves $45Mln Package to Aid Growth in Afghanistan

Deputy Managing Director stated that International Monetary Fund (IMF) executive board has approved a $44.9-million assistance package for Afghanistan to help the country increase growth.

Ukraine National Bank Expects $2.7Bln in 2, Not 3 IMF Tranches by Year-End

Ukrainian bank's Governor Valeriya Hontaryeva said that Kiev will receive two tranches instead of three from the International Monetary Fund (IMF).

Egypt Expects to Receive $12 Billion in IMF Aid Over Next 3 Years

Egypt is expecting to get $12 billion from the International Monetary Fund (IMF) in the next three years, the country’s Finance Minister Amr El-Garhy said.

Daily Headlines: July 27, 2016

Latin America: Analysts with the International Monetary Fund and the U.N. Economic Commission for Latin American and the Caribbean believe the economy of the Latin American region will contract this year by 0.4% and 0.8%, respectively. Show More Summary

IMF, Egypt Finalizing Agreement on 3-Year Support Program Worth $21Bln - Reports

Egyptian government said Tuesday it is in the final stages of three-month negotiations of the agreement with the International Monetary Fund (IMF) on a three-year support program worth $7 billion annually, media reported.

Over Intransigence of Rich Countries, Developing Countries Win Mandate on Trade for Development

In the realm of institutions that govern the global economy, the United Nations Conference on Trade and Development (UNCTAD) stands out. While the International Monetary Fund (IMF), the World Bank, the Organization for Economic Cooperation...Show More Summary

IMF Board States Confidence in Lagarde Following Order to Stand Trial

The International Monetary Fund executive board expressed its confidence in Managing Director Christine Lagarde’s abilities to carry out her duties following the announcement that the IMF chief must stand trial over a multimillion-euro payout scheme, IMF Communications Director Gerry Rice said in a statement on Friday.

IMF's Christine Lagarde To Stand Trial, Court Rules

Christine Lagarde, the head of the International Monetary Fund (IMF) is to stand trial over a state payout to the French businessman Bernard Tapie, a court has ruled. She is facing charges of negligence over a payment to Tapie of €404...Show More Summary

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