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International Monetary Fund (IMF)

IFI programmes unsuitable

The model used by international financial institutions and donors in providing support for budgetary improvement programs is inappropriate and has limited effectiveness, research from the International Monetary Fund posits.

China stockpiling gold

China has increased its gold reserves by 76% since 2003, said Hu Xiaolian, a vice president of People's Bank of China and the administrator of the State Administration of Foreign Exchange, on Friday.

DSK: a mandate for change

The G20 summit in London has created a mandate for change, said Dominique Strauss-Kahn, the managing director of the 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.

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