International Monetary Fund (IMF)

China's Zhou wants SDRs as global currency

Zhou Xiaochuan, the governor of the People's Bank of China, has urged countries to adopt special drawing rights (SDR) as an international reserve currency as part of a move towards a more stable global monetary order.

Serbia seeks more IMF, EU aid

Serbia is in talks with the International Monetary Fund (IMF) and the European Union (EU) to secure more emergency funding to bolster its reserve stockpile and limit the social impact of the crisis.

Interview: Kenneth Rogoff

The former chief economist of the IMF tells Malan Rietveld that central banks know how to generate inflation if needed and that there are bigger problems than deflation to be worried about

Joint statement on the crisis

The World Bank, the International Monetary Fund and the Organisation for Economic Co-operation and Development have issued a joint statement calling for policy action on four areas of the global economic crisis.

World Bank finds extra board seat for Africa

Sub-Saharan Africa will gain a seat at the Executive Board of the World Bank and developing countries voting power in the bank will be raised to 44% as part of governance reforms approved by the Bank's governing board.

IMF surveillance improved

The International Monetary Fund's (IMF) country surveillance improvements are effective, posits a new paper from the Bank of Canada.

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