International Monetary Fund (IMF)
IMF says cash to reserves, Argentina decides use
ARGENTINA - The International Monetary Fund reiterated on 22 August that the money Argentina will receive under its new $8 billion program will go to central bank reserves, but it is then up to the country to decide how to use it.
IMF agrees extra cash for Argentina
ARGENTINA - After 12 tense days of talks, the International Monetary Fund (IMF) agreed to increase its funding to crisis-hit Argentina by $8bn.
Back to Bretton Woods
UK - The anti-globalisation protesters have a point, argues Felix Rohatyn a former US ambassador to France, in the London edition of the Financial Times, 20 August. It is time to reform the IMF and World Bank, he says.
Asian Monetary Fund not a bad idea - US official
USA - The administration of President George W. Bush would support the future establishment of an Asian IMF, a senior U.S. official said today, 17 August.
Thailand rejects IMF interest rate advice
THAILAND - Prime Minister Thaksin Shinawatra on 17 August rebuffed an IMF suggestion that Thailand should not rule out cutting interest rates, saying rates were already low enough despite the need to boost the faltering economy.
Kenya unable to pass anticorruption legislation
US - The United States regrets Kenya was unable to pass an anticorruption bill to pave the way for receiving International Monetary Fund (IMF) aid and restarting an economy in its worst shape since the 1960s, the State Department said yesterday, 15…
IMF Press Release
USA - World Bank Group and IMF set meetings for 29-30 September 2001.
Anti-globalisation protest IMF/World Bank meeting
US - Nationwide planning by anti-globalisation protesters from across the US is intensifying and becoming increasingly sophisticated in advance of next month's meetings in Washington of the World Bank and International Monetary Fund, reports the…
Bush keeps 'open mind' on Argentina
US - Talks between Argentina, the International Monetary Fund (IMF) and the US Treasury continued on 13 August, as the country sought extra money to help ease its financial crisis.
Warning by IMF puts BoJ under pressure
JAPAN - Pressure on the Bank of Japan to ease monetary policy at its two-day meeting that starts today has been increased considerably by the International Monetary Fund's reversal of an earlier growth forecast and its warning that Japan would enter a…
World Bank-IMF annual meet curtailed
US - The 2001 annual meetings of the World Bank and the International Monetary Fund (IMF), which were scheduled to be held in Washington between 27 September and 3 October, have been curtailed and will now be held for just two days, 29 September and 30.
Argentine contagion has not spread far says IMF
ARGENTINA - Financial distress in Argentina and Turkey has failed to spread to emerging markets in general despite a bleak outlook for investors, according to the International Monetary Fund, reports the Financial Times, London, 9 August.
IMF Quarterly Emerging Market Financing Report
REPORT - The International Monetary Fund (IMF) yesterday, 8 August, published on its website the latest Emerging Market Financing: Quarterly Report on Developments and Prospects, which covers the second quarter of 2001.
IMF names head of Ukraine representation
UKRAINE - The IMF has appointed Lorenzo Filiuoli as head of the organisation's representation in Ukraine.
Speech by Governor of the State Bank of Pakistan
SPEECH - Remarks made by Dr Ishrat Husain, Governor of the State Bank of Pakistan, as a panelist at the Seminar on Conditionality and Ownership organized by the IMF, World Bank and Commonwealth Secretariat at London on 23-24 July.
Chief to IMF office in Seoul
SOUTH KOREA - Paul Grunwald has been appointed as chief of the IMF office in Seoul, South Korea.
Brazil easily beats IMF primary surplus goal in H1
BRAZIL - Brazil posted a primary budget surplus of 30.42 billion reals ($12.47 billion) in the first half of the year, sharply beating an IMF-agreed target for the surplus with 8.9 billion reals to spare, the Central Bank said today, 30 July.
IMF accord enters calculation stage
UNITED STATES - The Brazilian delegation in Washington keeps making ambiguous statements on the possibility of a new accord with the IMF but, according to a source at the IMF, they are "making their calculations".
IMF and World Bank to ease debt rules
US - International finance officials are meeting in Washington today, 26 July, to look at ways to overhaul and simplify the strings attached to the loans they make to poor countries.
IMF International Capital Markets Report, 2001
CENTRALBANKNET'S SPECIAL REPORT - We have only to look back over the events of the past two weeks to see just how dramatically sentiment has shifted in the past year. Argentina is in the spotlight again; Turkey never far out of it. Will the global…
Brazil heavyweights head to US to broker IMF deal
BRAZIL - Heavyweights from Brazil's central bank, finance ministry and the planning and budget ministry will be in Washington D.C. this week to negotiate a new accord with the International Monetary Fund, according to Valor on 23 July.
IMF press conference in London
UK - At 10am UK time today, 20 July, Garry Schinasi chief of the IMF's Capital Markets and Financial Studies Division spoke at a press conference held at the Bank of England.
International Capital Markets - IMF Annual Report
RESEARCH - The International Monetary Fund (IMF) has published the annual International Capital Markets report - World Economic and Financial Surveys - Developments, Prospects, and Key Policy Issues. It was prepared by the research department of the IMF…
IMF Fischer stresses Turkey econ program on track
US - The International Monetary Fund signalled the beginning of a new public relations campaign to relieve market pressure on Turkey 13 July, with the Fund's second-ranked executive declaring investors aren't giving Ankara enough credit for the reforms…