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International Monetary Fund (IMF)

Rato appoints committee to study IMF costs

IMF Managing Director Rodrigo de Rato on Thursday 18 May announced the appointment of a committee of eminent persons to provide the Fund with an independent view of the available options for ensuring that it has a sustainable and durable income base with…

IMF's Rato proposes new first deputy MD

Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), on Thursday 18 May proposed the appointment of John Lipsky to the position of First Deputy Managing Director.

Framework for independent monetary policy in China

According to this IMF Working Paper, published 15 May, as China's economy becomes more market based and continues its rapid integration into the global economy, having an independent and effective monetary policy regime oriented to domestic objectives…

Is the IMF still useful?

IMF reform has been on the policy agenda for a long time. In the last year, however, reform discussions acquired a new sense of urgency, this article by Barry Eichengreen published Thursday 4 May says.

Interview with IMF's Wanda Tseng

Wanda Tseng, deputy director at the IMF's Asia and Pacific department, said on Tuesday 2 May that China's decision to raise interest rates for the first time in 18 months is welcome but the country needs to let its currency move more freely.

Comment: April in review

April was a particularly eventful month for the International Monetary Fund. The Fund concluded it "spring meeting" in Washington and published new editions of the Global Financial Stability Report and the World Economic Outlook.

IMF's Krueger announces intention to leave

Anne Krueger, First Deputy Managing Director of the International Monetary Fund, has informed Managing Director Rodrigo de Rato of her intention to leave the Fund at end of her term, which expires on 31 August.

G-7 appeals to IMF to pressure China on yuan

The International Monetary Fund will take up the task of trying to get China to accept a stronger currency, according to this article published on Tuesday 25 April. Whether the IMF is up to shouldering the burden remains to be seen, it says.

Buba's Weber sticks to German growth forecast

The German central bank still expects economic growth of around 'one-and-a half percent' in Germany this year, despite the rallying oil prices, Bundesbank president Axel Weber told Frankfurter Allgemeine Zeitung in an interview.

IMF given new surveillance powers

The International Monetary Fund has won new powers after its 184 member countries supported a new framework to monitor how the economic policies of one country affect others.

Reshaping the IMF - Not even a cat to rescue

This article published Thursday 20 April reports that the International Monetary Fund's budget is shrinking and the morale of its staff is sinking. Some of its best customers are now doing without it, leaving some of its biggest shareholders wondering…

U.S. may rethink size of IMF stake

According to this article published on Wednesday 19 April, the United States will consider reducing its voting stake in the International Monetary Fund as part of an overhaul that would require the lender to increase scrutiny of nations' currency…

IMF World Economic Outlook, April 2006

The International Monetary Fund published its World Economic Outlook April 2006 on 19 April. In the report the IMF said the ECB shouldn't "rush" to raise interest rates even as the eurozone economy expands this year by the most since 2004.

Comment: IMF reform checklist

The International Monetary Fund on Wednesday 19 April released its latest World Economic Outlook. Its central projection sees global growth at 4.75 percent in 2006 and 2007. The distribution of risks, however, is increasingly slanted to the downside.

Nijathaworn with some thoughts on IMF reform

In the speech 'Some thoughts on IMF reform on crisis prevention and crisis resolution' given on 28 February Bandid Nijathaworn of the Bank of Thailand said the challenge to IMF reform on crisis prevention and crisis resolution has many dimensions.

Comment: The IMF's Global FSR

The IMF yesterday unveiled its latest Global Financial Stability Report at the Bank of England head office in London. "The near-term outlook is as good as it gets," Gerd Hausler, director of the IMF's capital markets unit, said at the press conference.

Will IMF set sights on managing global reserves?

This article published on Saturday 8 April says that some indication of the IMF medium-term strategy report's likely content can be gleaned from a series of speeches given over the past two months by de Rato, and deputy managing directors Takatoshi Kato…

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