International Monetary Fund (IMF)
Colombia requests "insurance" credit line from IMF
Colombia became the second Latin American country this year to ask for a credit line from the International Monetary Fund (IMF), when it requested $10.4 billion to help it withstand the global financial crisis.
Poland seeks $20.5 billion IMF credit line
Poland on Tuesday became the second country to ask for access to the International Monetary Fund's (IMF) new credit lines, requesting $20.5 billion to buttress the country against the crisis.
G20 working group: amend Bretton Woods governance
Emerging and developing economies should have greater voice and representation in Bretton Woods institutions, says a report from a working group prepared for the G20 London summit.
IMF: toxic-debt bill to hit $4 trillion - report
The International Monetary Fund (IMF) is allegedly set to release new forecasts showing the cost of writedowns could reach $4 trillion, a leading British newspaper has reported.
SDR injection inflationary, ECB's Stark warns
Jurgen Stark, a member of the European Central Bank's executive board, has panned the G20's decision to create $250 billion-worth of special drawing rights (SDRs).
Markets surge on G20 $1 trillion recovery package
Equity markets in Europe and the United States soared on Wednesday on news that global leaders had pledged an extra $1 trillion to spur an economic recovery.
IMF to enhance borrowing terms for the poor: Lipsk
The International Monetary Fund (IMF) is redesigning its lending policies for low-income countries, said John Lipsky, the first deputy managing director of the fund.
A solution to the reserves riddle
There has been an anomaly between what is in the national interest and what is in the global interest on the issue of reserves. However, this does not have to be so.
Soros urges G20 to agree on SDR reallocation
George Soros, one of the world's most renowned hedge-fund managers, has called on G20 leaders to endorse the reallocation of rich country's SDR quotas with the International Monetary Fund (IMF).
Spain appoints new deputy amidst first bailout
The Spanish government named Francisco Javier Ariztegui as the Bank of Spain's new deputy governor on Friday.
Data on home-host banking activity inadequate
Data on international banking activity remain largely inadequate for surveillance and policymaking purposes, new research from the International Monetary Fund (IMF) posits.
Spain's Vinals to succeed Caruana at IMF
Jose Vinals, is the new director of the International Monetary Fund's (IMF) monetary and capital markets department, replacing Jaime Caruana, now general manager of the Bank for International Settlements.
Inflation in new EU10 driven by common factors
A major part of inflation in the ten new European Union (EU) member countries is driven by common factors, a new paper from the International Monetary Funds reveals.
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.
Global economy to shrink by 0.5-1%: IMF
The International Monetary Fund (IMF) has again lowered its growth estimates, saying that it now sees a contraction of 0.5% to 1% in global activity.
Serbian governor contradicts Belgrade on EU aid
Radovan Jelasic, the governor of the National Bank of Serbia, has said that central and eastern European states should avoid over-reliance on European Union (EU) aid just hours after it emerged that Belgrade was seeking assistance from Brussels.
South Africa's Mnyande: no time to sit and wait
Strengthening southern Africa's ability to prevent future crises is vital, Monde Mnyande, the chief economist of the South African Reserve Bank, has warned.
Bric economies call for greater voice
Brazil, China, Russia and India, the four leading emerging-market economies, have pressed for a greater say in the running of the Bretton Woods institutions.
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.
Emerging markets need higher inflation targets
Countries subject to higher levels of macroeconomic volatility may find it desirable to target a higher level of inflation, a new paper from the International Monetary Fund posits.
Failure to see big picture fuelled boom: IMF
An inability by officials to see the "big picture threat" of a growing asset-price boom was a key cause of the current crisis, the International Monetary Fund (IMF) said on Friday.
Poland not seeking IMF support: Skrzypek
Slawomir Skrzypek, the governor of the National Bank of Poland, has confirmed that the country will not require International Monetary Fund (IMF) financing.
Crisis impacting low-income countries: DSK
Third wave of the crisis is hitting low-income countries, said Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF).
IMF staffer urges global effort to stem deflation
An International Monetary Fund (IMF) economist has called on central bankers to begin multilateral talks to stave off worldwide deflation.