International Monetary Fund (IMF)
International Capital Markets - IMF Annual Report
RESEARCH - The International Monetary Fund (IMF) has published the annual International Capital Markets report - World Economic and Financial Surveys - Developments, Prospects, and Key Policy Issues. It was prepared by the research department of the IMF…
IMF Fischer stresses Turkey econ program on track
US - The International Monetary Fund signalled the beginning of a new public relations campaign to relieve market pressure on Turkey 13 July, with the Fund's second-ranked executive declaring investors aren't giving Ankara enough credit for the reforms…
IMF reach compromise over central bank law changes
INDONESIA - Indonesia appears to be making some headway in its efforts to get fresh loans from the International Monetary Fund.
Indonesia expects smooth talks with IMF mission
INDONESIA - Indonesia's chief economics minister said on 4 July he expected smooth talks with an IMF team due to arrive this week on a mission aimed at paving the way for resumption of a $5 billion loan programme.
The IMF under pressure
SPECIAL REPORT - This week's special report looks at the future of the international financial institutions, in particular, the International Monetary Fund. This is a critical time for the IMF as it battles with the new administration in the US while at…
IMF - Quiet caution for Argentina's currency shift
ARTICLE - Centralbanknet's report on the IMF's Stanley Fischer who has visited Argentina. He has warned that the planned Argentine currency move may set a worrying precedent.
IMF appoints representative to Bulgaria
BULGARIA - Piritta Sorsa has been appointed as IMF's resident representative to Bulgaria.
IMF Sri Lanka trip reviews economic data standard
SRI LANKA - A mission from the International Monetary Fund is in Sri Lanka to assess whether economic data reported by state institutions are transparent and conform to international standards, officials said on 15 June.
IMF names first deputy MD and department heads
US - The IMF has confirmed the appointment of Anne Kreuger as first deputy managing director. She succeeds Stanley Fischer who is stepping down.
Interview with Horst Kohler
INTERVIEW - Following a string of financial crises from Mexico through Asia to Argentina, the reputation of the International Monetary Fund has taken a severe beating. IMF Managing Director Horst Kohler admits the fund may have made mistakes in the past,…
US economist offered key IMF role
US - A conservative economist aligned with the US administration has been offered the key job of first deputy managing director at the International Monetary Fund.
IMF will grant loan to Yugoslavia in June - Dep PM
YUGOSLAVIA - The International Monetary Fund will grant its first stand-by loan to Yugoslavia this month even though the country's failure to adopt a war crimes law had been expected to block aid, Deputy Prime Minister Miroljub Labus said on 7 June.
Asia and the IMF
SPEECH - Stanley Fischer, First Deputy Managing Director at the International Monetary Fund spoke about Asia's relationship with the IMF at the Institute of Policy Studies, Singapore on 1 June.
Speech by Paul O'Neill on the future of the IMF
SPEECH - Paul O'Neill, Secretary of the US Treasury, gave a speech on 22 May to the House Committee on Financial Services. In it he sets forth his vision of the IMF as a more focused and limited institution.
IMF backs gold
US - A senior IMF official has made a statement about gold that in the view of experts is the first of any significance made since the Board's discussion of this subject in 1995.
IMF deal forbids Russian bank gold sales
RUSSIA - Russia's deal with the International Monetary Fund (IMF) would forbid Moscow from selling gold from central bank reserves, even to help in emergencies, a government source said on 25 May.
State Duma passes IMF package on its third reading
RUSSIA - The Russian State Duma has passed upon its third and final reading a package of bills initiated by the International Monetary Fund to restructure the Russian banking system.
Israel central bank head urges more market change
ISRAEL - Bank of Israel Governor David Klein urged the government on 17 May to resume the process of making structural changes in Israel's financial markets so that the country could better compete in the global economy.
Turkey gains $8bn loan from IMF
TURKEY - In a meeting lasting more than five hours, the IMF board decided to give $8bn in new loans for Turkey and it will release $3.8bn of it immediately.
Sri Lanka agrees on tight monetary policy with IMF
SRI LANKA - Sri Lanka toed the line of the International Monetary Fund (IMF) on 15 May and agreed that a tight monetary policy would be best to support the newly floated rupee and help achieve economic stability.
IMF urges Gulf states to open up
BAHRAIN - The International Monetary Fund (IMF) has urged the Persian Gulf Arab states to end subsidies and open up to foreign investment.
IMF will lose a third senior official
WASHINGTON - Jack Boorman is planning to leave the IMF, probably later this year. Fund officials were quick to stress that Mr Boorman had been at the IMF for 25 years and that his leaving was not a shock.
IMF Concludes Article IV with South Africa
SOUTH AFRICA - On 19 March 2001, the Executive Board of the International Monetary Fund concluded the Article IV consultation with South Africa.
Yugoslavia re-admitted to World Bank after 8 years
YUGOSLAVIA - Yugoslavia rejoined the World Bank on 8 May, eight years after being expelled for its involvement in Balkan wars, noting that the move paves the way for future loans to help the impoverished country's economic recovery.