International Monetary Fund (IMF)

Reports Krueger unhappy with Argentina plan untrue

US - The International Monetary Fund said on Monday a report in a Brazilian newspaper saying a top IMF official is unhappy with economic plans Argentina sent to the fund on Friday is "absolutely" untrue reports Reuters.

BOK unlikely to make up for gov't losses

SOUTH KOREA - The Bank of Korea (BOK) expressed reservation yesterday about taking actions to make up for losses incurred by irretrievable public funds that were used to stabilize the economy in the wake of the 1997 IMF financial crisis.

Speech by Shigemitsu Sugisaki of the IMF, 24 July

SPEECH - In a speech titled 'The U.S. and Japan in the Global Economic System' Sugisaki said "Japan's decade-long economic slump owes much to the delays in implementing structural reform, particularly bank and corporate debt restructuring". He added …

Interview: Mario Blejer

In January 2002 former IMF economist Mario Blejer became governor of the Banco Central de la Repœblica Argentina with the job of preventing Argentina from descending into financial anarchy. Two weeks after his resignation in late June he spoke to Central…

IMF News Brief

NEWS BRIEF - IMF Completes First Review and Approves New Increase on Uruguay Stand-By, 8 August.

Brazil set for "largest ever" IMF loan of $30bn

BRAZIL - The International Monetary Fund has agreed to lend Brazil an extra $30bn (£20bn), hoping that this will help pull the country and the region out of crisis. The deal represents the largest loan the IMF has ever provided in its history.

IMF Survey, 5 August

REPORT - IMF Survey, Topical coverage of the IMF's activities, policies, and research, 5 August. Includes Jack Boorman on the Argentina crisis and lessons to be learned from it.

IMF News Brief

NEWS BRIEF - IMF Managing Director Kohler Prepared to Recommend US$500 Million Increase in Stand-By Credit to Uruguay, 4 August.

IMF News Brief

NEWS BRIEF - Statement by IMF Managing Director Horst Kohler on the Death of Rudiger Dornbusch, 29 July.

Speech by Anne Krueger, Dep MD of the IMF, 17 July

SPEECH - In a speech titled 'Crisis Prevention and Resolution: Lessons from Argentina' Krueger said "We have seen some welcome progress in key policy areas, including satisfactory amendments to the insolvency law and the repeal of the economic subversion…

IMF-experts: Argentina crisis bottoming out

ARGENTINA - The four monetary experts chosen by the IMF believe Argentina may have touched bottom after four years of recession and see potential for an export-led recovery, an official briefed on the talks said on Thursday.

IMF News Brief

NEWS BRIEF - IMF Managing Director Horst Kohler Congratulates Yusuke Horiguchi on Appointment as First Deputy Managing Director of the Institute of International Finance, 23 July.

Sources challenge role of IMF led Argentina panel

ARGENTINA - Insiders close to the talks currently being held suggest the real purpose of the panel of wise men picked by the IMF to help Argentina is not to give economic advice but rather to decide how to allocate the huge losses incurred by Argentina's…

IMF Survey, July 2002

REPORT - In the latest issue of its survey the International Monetary Fund announce the advisory panel appointed for Argentina, discuss the outlook for the euro-area economy and report on a Working Paper, Making the transition to inflation targeting.

Speech by Carol Carson of the IMF, 11 July

SPEECH - Carson gave a speech titled 'International Capital Data: Needs, Projects, and Prospects' and said that in the past two and half years, she believes that significant progress has been achieved in developing internationally agreed statistical…

Speech by Thomas Dawson of the IMF, 10 Jul

SPEECH - In the speech 'The IMF's Role in Asia: Part of the Problem or Part of the Solution?' Dawson said the regional crisis which threw formerly buoyant Asian economies into a tailspin five years ago was itself a critical acid test for the…

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