International Monetary Fund (IMF)
SARB rejects IMF inflation-target suggestion
The government and the South African Reserve Bank have asked the International Monetary Fund (IMF) to stop making policy suggestions that sound prescriptive, South African Reserve Bank Governor Tito Mboweni said on Friday 22 September.
Riyadh to host payment systems conference
A two-day international conference on 'Payment Systems in Saudi Arabia and GCC countries' is to be held in Riyadh from 14 November. The forum will discuss the present mode of electronic access to funds at remote locations and future strategies.
BOT chief denies premiership rumours
Bank of Thailand (BOT) governor M.R. Pridiyathorn Devakula on Wednesday 20 September denied a rumour he had been approached to take the Thai premiership.
GCC central bank to be based in Abu Dhabi
The GCC states have already agreed to base the new GCC central bank in Abu Dhabi, a report said.
ECB's Liikanen sees 'challenge' to cut inflation
Bringing eurozone inflation back down to the European Central Bank's target level of 2 pct or lower will be "a challenge", even over the medium term, said ECB governing council member Erkki Liikanen in an interview published Tuesday 19 September.
Hedge funds take backseat to Asian central banks
According to this article from Bloomberg, published Friday 15 September, hedge funds are taking a backseat to Asian central banks.
ECB's Gonzalez-Paramo on statistics
In the speech 'Statistics for the international financial system' given on 18 September Jose Manuel Gonzalez-Paramo of the ECB said in today's global economy, timely and reliable official statistics play a key role in policy-making as well as in…
IMF members approve voting reform plan
The 184-nation International Monetary Fund on Monday 18 September approved reforms to increase the voting shares of emerging economies, the German finance minister was quoted by Associated Press as saying.
Fukui says risks will be assessed cautiously
Bank of Japan governor Toshihiko Fukui said Friday 15 September the central bank will cautiously monitor various risks before taking further policy actions in its current credit-tightening cycle.
IMF World Economic Outlook, September 2006
The International Monetary Fund published its World Economic Outlook September 2006 on 14 September. In the report the IMF raised its forecast for global economic growth while warning that inflation, oil prices and the U.S. housing slowdown threaten the…
IMF's Rato on prospects for the world economy
In the speech 'Prospects for the world economy' given on 12 September Rodrigo de Rato of the IMF said large global current account imbalances continue to be a major concern for the outlook.
Paper on governance and the IMF
The Bank of Canada Working Paper "Governance and the IMF: Does the Fund Follow Corporate Best Practice?" identifies governance issues facing the International Monetary Fund that have remained largely ignored by the literature and policy-makers alike.
IMF Global Financial Stability Report, Sep 2006
The International Monetary Fund published its Global Financial Stability Report for September 2006 on 12 September. In the report the IMF warned that the risks of a global slowdown had increased due to higher interest rates, surging oil prices and an…
Comment on central banking
The Financial Times published three interesting articles on Tuesday and Wednesday 13 September, including a piece on the IMF by Rachel Lomax and Tiff Macklem.
IMF says risk of 'disorderly' drop in dollar
A ``disorderly'' drop in the dollar is the biggest risk to world financial markets, the International Monetary Fund said Tuesday 12 September.
U.S., China must back IMF, end currency impasse
According to this article by Bloomberg, published Thursday 7 September, the International Monetary Fund which set up the system of flexible exchange rates needs to infuse it with a dose of vigour.
Krueger's farewell remarks to IMF Executive Board
In a speech given on 31 August Anne Krueger of the IMF said if we believe that the Fund is integral to the functioning of the global economy and of the international financial system, then it is our duty to do all we can to preserve it.
Rato on key steps in IMF reform
In the speech 'Key steps in IMF reform: Taking stock on the eve of the annual meetings in Singapore' given on 5 September Rodrigo de Rato of the IMF said the global economy has been resilient in the past year, and growth prospects are still very good.
Can the IMF avert a global meltdown?
According to this article by Kenneth Rogoff, published on Thursday 7 September by The Japan Times, it is time for international institutions to step in to avert a global financial crisis.
IMF's Rato sees 5% global growth in 2006
The global economy should maintain its strength this year, with growth likely at around 5 percent, IMF Managing Director Rodrigo Rato said on Tuesday 5 September.
Trichet says IMF representation progressing
European Central Bank president Jean-Claude Trichet has said the process of giving the ECB a higher profile in the IMF is going in the right direction, although he would prefer progress to be quicker.
New external debt statistics released
The BIS, IMF, OECD and the World Bank have released improved debt statistics.
IMF boost for developing countries
China, South Korea, Turkey and Mexico seem set to win increases in their IMF quotas at the expense of some European countries.
IMF on transparency and supervision in Africa
The IMF has published a new country report that looks at monetary and financial policy transparency in central Africa.