International Monetary Fund (IMF)
IMF delays Argentine loan
The International Monetary Fund has delayed approval of a $728 million loan payment to Argentina, forcing the country to draw on central bank reserves to pay back multinational lenders.
IMF's Prasad on growth and stability in China
In a speech on 'Growth and Stability in China: Prospects and Challenges' given on 17 April, Eswar Prasad of the IMF said what Chinese policymakers need is a potent set of tools to create the sort of economic transformation that would prepare China for…
IMF's Rato at the conference on Central America
In a speech given on 9 July Rodrigo Rato of the IMF said that "our research has clearly shown that small open economies benefit enormously from globalization, as long as they are well prepared for it. In particular, we have found that poverty declines in…
IMF says Russian banking oversight adequate
The International Monetary Fund thinks the Central Bank of Russia's banking sector oversight is adequate, Poul Thomsen, head of the IMF's Moscow office, told a press conference at Interfax.
Krueger on the IMF at 60: What role for the future
In a speech on 'The IMF at 60: What Role for the Future?' given on 24 June, Anne Krueger of the IMF said if the IMF didn't already exist, it would pretty quickly have to be invented. Though the world is different from that known to the Bretton Woods…
IMF's Carstens on anti-money laundering
In a speech on 'Anti-Money Laundering and Combating the Financing of Terrorism: The Challenges Ahead' given on 4 June, Agustin Carstens of the IMF said since global efforts to combat AML/CFT began in the early 1990's, there have been many successful…
Interview: Kenneth Rogoff
In this wide-ranging interview, the former chief economist of the IMF discusses the likely fallout from the unsustainable US deficits, the dollar's hegemony, the Fund's failings, the weak spots in the global economy and the future of central banks.
The IMF and the force of history
This IMF working paper describes ten events and ten ideas that have shaped the Fund. Designed during World War II, the IMF, it says, has been influenced by the Cold War, globalisation and the collapse of communism. Ideas such as Keynesianism, monetarism,…
Fukui to visit Washington for G-7, IMF meetings
Bank of Japan (BOJ) Governor Toshihiko Fukui will visit Washington for a five-day stay from Thursday 22 April to attend weekend meetings of the Group of Seven (G-7) finance ministers and central bank chiefs, the BOJ said Wednesday.
IMF see 'sweet spot' in financial stability report
The global economy has hit a "sweet spot" according to the International Monetary Fund's April 2004 Global Financial Stability Report, published Tuesday.
IMF warns of Philippines debt crisis
The International Monetary Fund has expressed "serious concerns" over the Philippines government's budget and indebtedness in a report.
Edwards to replace Carson as IMF statistics head
Anne Krueger, acting managing director of the International Monetary Fund (IMF) since Horst Kohler resigned, is to appoint Rob Edwards, an Australian, to replace Carol Carson as the IMF's head of statistics.
IMF approves second Argentine loan review
The Executive Board of the International Monetary Fund (IMF) on Monday 22 March completed the second review of Argentina's performance under a three-year SDR 8.98 billion (about US$13.3 billion) Stand-By Arrangement.
Hanke urges Bulgaria break from IMF
Professor Steve Hanke has strongly recommended that Bulgaria follow Moscow's example and end its relationship with the International Monetary Fund.
Forex volatility in EU accession countries
This IMF Working Paper analyses foreign exchange market volatility in four Central European EU accession countries in 2001-2003. It shows that periods of high volatility seem to be cross-correlated for Hungary, Poland and Czech, Slovak Republics. It…
CBI, IDB to hold monetary conference in Tehran
The Central Bank of Iran (CBI) and the Islamic Development Bank (IDB) will hold their first international monetary conference next week between 16-18 February.
Iraq's botched currency reform
Prescriptions by the official sector institutions for Iraq ignore political realities and their own findings argue Steve Hanke and Matt Sekerke.
The SDR: an international reserve liability
The SDR is central to the work of the International Monetary Fund, but it remains a deeply ambiguous unit.
Argentina's Lavagna to meet IMF's Koehler
Argentine Economy Minister Roberto Lavagna will meet IMF Managing Director Horst Koehler in Miami on Monday 9 February to discuss the second review of a $13.3 billion loan deal, an economy ministry source said on Thursday.
Kohler on adoption of the euro in Central Europe
In a speech on 'The Euro - Towards Adopting the Common Currency in Central Europe' given on 2 February, Horst Kohler of the IMF said that imbalances in the global current account remain a risk to economic recovery though a stronger euro and weaker dollar…
Iraq to talk debt with G-7 and IMF
Top finance officials from Iraq and Afghanistan will meet next month with their counterparts from the G7 industrial countries and Russia to report on progress in reconstruction.
Norges Bank executive director gets IMF move
Norges Bank Executive Director Jon Solheim is to take office as executive director for the Nordic-Baltic countries at the IMF in Washington.
Kohler on building prosperity in the Americas
In a speech on 'Building Shared Prosperity in the Americas' given on 12 January, Horst Kohler of the IMF said that on the threshold of 2004, the world economy has decisively turned the corner, but we know that there are still risks.