International Monetary Fund (IMF)

IMF concerns over Indonesia's slow pace of reform

The Indonesian rupiah ended lower in Asian trade Wednesday on news that the International Monetary Fund has set a December deadline for Jakarta to show it's serious about economic reform.

IMF says Turkey policy on track

The International Monetary Fund said in a statement released on its website that the Turkish government's IMF-supported economic programme was on track and is expected to remain so.

Russia govt proposes to amend banking legislation

The Russian federal government and the central bank have submitted amendments to banking laws to the Duma. The government proposed these same bills back in 1999, on the insistence of international financial organisations.

Argentina awaits emergency package from IMF

An emergency economic package required by the IMF will be passed in full within 30 days, Jose Luis Machinea, Argentina's economy minister, insisted on Thursday.

IMF warns Brown not to increase spending

The International Monetary Fund's report on the health of the UK economy, published yesterday by the Treasury, warned Gordon Brown, the UK Chancellor, that private spending needs to slow down before the economy can accommodate an increase in public…

Russia and IMF disagree over forex reserves

The Russian government is hoping to resume its talks with the International Monetary Fund in the middle of December, a source close to the talks told the Russian news agency Interfax on Tuesday.

Sarkinas: no policy change until after mid-2001

Reinoldijus Sarkinas, governor of the Bank of Lithuania, met with the IMF mission headed by Patricia Alonso-Gamo. He reiterated that decisions about the planned repegging of the national currency, the litas, from the US dollar to the euro would not be…

Cuba to aim for new debt timetable

Cuba will present its case for a multilateral rescheduling of its foreign debt to western creditor governments this week. Cuban central bank officials and representatives of the Paris Club group of creditor nations are due to meet in the French capital…

Rossi on RTGS and liquidity

PAYMENT SYSTEMS IN FINANCIAL MARKETSReal-Time Gross Settlement systems and the provision of liquidity - Marco Rossi (Macmillan Press Ltd, 1998) 152pp

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