international monetary fund news
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'No alternative to austerity' says IMF chief
Geneva :: Switzerland | 17 days ago
Credibility
IMF chief Christine Lagarde insisted today there was no alternative to the agenda of austerity being pushed across Europe, after massive demonstrations in several countries demanded an end to the policies. "There is no alternative to austerity,"
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IMF warns Sri Lanka against policy easing
Colombo :: Sri Lanka | 17 days ago
Credibility
Sri Lanka must not loosen monetary conditions as inflation remains a concern, the International Monetary Fund said on Thursday, even though prices had risen at a lower pace in April than the previous month. Sri Lanka's central bank has said the
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Changes coming to health sector
Kingston :: Jamaica | 17 days ago
Credibility
Jamaica, as part of an agreement with the International Monetary Fund (IMF), has stated its intention to establish a referral system for those persons who are desirous of getting treatment in hospitals. Documents tabled in the House of
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India to grow at about 5.8% in FY14: IMF Deputy MD
New Delhi :: India | 18 days ago
Credibility
IMF has projected 5.8 per cent economic growth for India in this fiscal 2013-14 and said pace of investment in infrastructure should increase to get back to 8 per cent expansion level. "We are forecasting India to grow at about 5.8 per cent this
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World growth too slow to generate jobs
New Delhi :: India | 18 days ago
Credibility
THE world economy is still not growing fast enough to generate jobs for tens of millions who have become unemployed but it is strengthening gradually, a top IMF official says. While global growth is seen at 3.3 per cent in 2013 and an even better
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'Implement some of Shaw's Budget proposals'
Kingston :: Jamaica | 18 days ago
Credibility
Implement some of Shaw's Budget proposals' Published: Wednesday May 1, 2013 How is the Opposition's response to the Budget going? Budget Debate continued last week and our leaders discussed the policies and issues they believe are important to
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IMF deal's oversight committee to be named this week
Kingston :: Jamaica | 19 days ago
Credibility
International Monetary Fund (IMF) agreement will be named before the end of this week. Financial Secretary Devon Rowe says most of the government members of the oversight committee have already been selected with the exception of one person. The full
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Insight: Why did Cypriot banks keep buying Greek bonds?
Nicosia :: Cyprus | 19 days ago
Credibility
A man walks past a branch of Bank of Cyprus in Nicosia March 31, 2013. One day last October, a memory stick containing special software for deleting data was placed into a desktop computer at Bank of Cyprus . Within minutes, 28,000 files were erased,
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Ireland 'won't follow' extended Spanish siesta
Brussels :: Belgium | 20 days ago
Credibility
On Friday, European leaders backed Spain to cut its spending more slowly in order to concentrate on stimulating economic growth and jobs. Spain got the blessing of both the European Union and the IMF to relax its deficit target for this year. The
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Egypt parliament halts reading ...
Cairo :: Egypt | 20 days ago
Credibility
Egypt's parliament halted its reading of a new income tax law yesterday, saying the government had not shown who would be affected by the measure that is needed to secure a badly needed $4.8bn IMF loan. Lawmakers criticised the government's
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