International Monetary Fund (IMF)
IMF says Bahamas must tighten monetary financing rules
Country adopted new limits on central bank loans in April, but IMF says cap still too high
Supervisors see promise in AI but warn data remains key
IMF’s “StatGPT” project has promise but data problems are hard to solve, Regnology panellists say
IMF renews Mexico’s flexible credit line
Two-year deal provides Mexico with $35 billion in case of crisis
IMF launches CBDC handbook
More data and methodologies needed to understand impact of all new means of payments
More female Stem workers could boost Japan’s productivity – study
Tackling gender pay gaps and discrimination against female researchers could accelerate growth
Albania, Armenia and North Macedonia make policy decisions
North Macedonia pauses tightening as Albania’s continues, while Armenia faces 0% inflation
Moldova cuts rates steeply while Romania holds
IMF says Moldovan central bank has largely neutralised second-round effects
Malawi imposes capital controls after devaluation
Central bank devalued kwacha by 30% against US dollar last week
BoE promises new ‘rulebook’ for clearing houses and CSDs
Official says post-Brexit arrangements will be ‘more adaptable and dynamic’
IMF’s Adrian says world needs $5 trillion annual climate funding by 2030
Multilateral banks working to ‘crowd in’ private finance to meet need
IMF proposes 50% increase in quotas but no voting reform
Proposal likely to be acceptable to US but would not boost emerging markets’ representation
DRC says central bank needs recapitalisation
Government says BCC has no real equity as war and elections add to economic crisis
People: New governor in Sierra Leone
Brazilian president nominates two new central bank directors; new head of statistics at ECB; and more
People: South Africa deputy governor plans to resign
BCIE presidential race; Chile general manager leaving; and more
IMF economists build financial stress index for 110 countries
Text-based method allows economists to assess both duration and intensity of financial crises
Bangladesh Bank reforms MPC
Move is part of IMF-promoted reforms as Bangladesh adopts interest-rate targeting
Egypt restricts foreign currency credit card payments
The move comes after the central bank restricted debit card use abroad
Argentine candidate promises opposition seats on BCRA board
Massa promises to renegotiate IMF loan as country heads to the polls on October 22
Ecuador president-elect sends mixed signals on central bank raid
Noboa pledged to spend $1.5 billion, but later said this would only be in emergency
IMF hits PRGT milestone but quota deal remains elusive
US wants to maintain voting shares as China continues to press for more proportional allocation
Argentina raises policy rate to 133% as crisis deepens
Presidential candidate Milei says peso worth less than ‘excrement’
Kenya to buy back $500 million in Eurobonds
Central bank governor says country will seek ‘exceptional’ IMF funding
Cross-border CBDC challenging to deliver, officials warn
But digital currency could tackle “extremely high” remittance costs, says IMF’s Tobias Adrian
Inflation set to remain high into 2025, IMF warns
Soft landing looks more likely but growth is “limping along”, says Pierre-Olivier Gourinchas