International Monetary Fund (IMF)
IMF grants Burundi $271 million loan
Burundi must liberalise currency regime, end central bank financing and tighten policy
IMF approves $3 billion short-term loan for Pakistan
Saudi Arabia and UAE provide $3 billion more as country tries to overcome crisis
Egypt announces ‘record’ inflation
Inflation continues rising despite monetary tightening and could trigger IMF consultation
Bye-bye BCRA?
An Argentine presidential candidate proposes abolishing the central bank and the peso
Papua New Guinea’s Genia rejects calls for devaluation
IMF says kina is heavily overvalued
IMF repeats warning on Marshall Islands’ fintech plans
Fund proposes Pacific island state could set up a ‘monetary authority’
Lebanese deputy governors ‘threaten to quit’, report says
Prime minister says he will not appoint successor to Salameh as French court backs asset seizure
Crypto tax would be lucrative but challenging, IMF paper says
Authors say authorities face problems categorising and tracking cryptocurrency activity
Is corporate pricing causing ‘greedflation’?
Firms in US and Europe are driving inflation higher by imposing above-cost mark-ups, researchers say
Ukraine’s governor on central banking in wartime
Andriy Pyshnyy talks about macroeconomic stability, running banks under missile attack, winning IMF aid and post-war reconstruction plans
IMF extends food shock window despite low demand
Fund postpones end to looser caps on emergency credit
Kenya hikes 100 basis points at unplanned meeting
New governor says unexpected rise in inflation made rate increase necessary
Caution needed with forward guidance and QE – IMF’s Gopinath
“Straitjacket” of ultra-loose policies may have delayed response to inflationary shock
SBP reverses course and hikes rates 100bp
State Bank of Pakistan raises key rate in emergency session as IMF deadline looms
Georgieva says $100 billion in SDRs donated
IMF chief says 2021 goal reached, but critics note Congress has not approved US pledge
Zambia agrees foreign debt deal
Government agrees to repay faster if IMF assesses its ability to do so has risen
Africa: Rate rises for DRC and Namibia, but Zimbabwe says no
DRC and Namibia react to high inflation as expert says Zimbabwe is suffering hyperinflation
IMF’s Adrian draws ‘blueprint’ for international CBDC platform
Model would use common token, exchangeable with central bank reserves
Bangladesh to adopt single exchange rate
Central bank raises interest rates as it struggles to stem inflation and build reserves
BoJ’s easing stance fuels yen undervaluation dilemma
Japanese policy-makers need to consider feedback loop that an undervalued yen has on cost-push inflation; reflect on YCC exit options in ‘broad perspective review’, writes Sayuri Shirai
Ukraine war has valuable lessons for central banks, governor says
Central Banking Summer Meetings: Pyshnyy says new IMF aid structures will make the world safer
Costa Rica proposes strengthening central bank independence
Government wants to remove finance minister from board and change audit procedures
Argentina defers over $15 billion interest in debt swap
Struggling country eases fiscal pressures while inflation continues rising
Malawi central bank official says reserves nearly empty
Southern African country faces food crisis despite IMF aid