International Monetary Fund (IMF)

IMF stops loans to Indonesia over cbank law plans

The International Monetary Fund won't lend more money to Indonesia until the government finalizes planned changes to the law governing the central bank, Finance Minister Prijado Praptosuhardjo said.

Yugoslavia an IMF member, to receive $100m-Dinkic

Yugoslavia will have $100m at its disposal on the basis of gold reserves, which Former Yugoslavia has in the Bank of International Settlements in Basel, Mladjan Dinkic, Yugoslav National Bank governor, announced this evening.

IMF X-rays Romanian economy

Romania's progress in reaching stability and continuing reforms is important but insufficient compared with other countries in Central and Eastern Europe, a report of the International Monetary Fund about Romania's economic evolution over the last two…

Failure to reach agreement over ex-Yugo gold

The governors and vice-governors of central banks which emerged after the break-up of the former Yugoslav federation failed to reach an agreement on the distribution of gold and foreign currency reserves at the International Bank for Settlements in Basel…

Ten commandments for supervising mega-firms

If supervisors are to contain the risks posed by global financial conglomerates,urgent changes are needed. George J. Vojta, former vice-chairman of BankersTrust, proposes ten principles for supervising systemically important financialinstitutions.

Fund seeks its own watchdog

The International Monetary Fund's Executive Board has named Ray & Berndstson, a US-based international executive search firm, to identify candidates for the position of Director of the IMF's newly created independent Evaluation Office.

Summers welcomes IMF aid for Turkey

The United States on Wednesday welcomed a $10 billion rescue package agreement between the International Monetary Fund and Turkey, saying that its financial stability was important to the US.

IMF offers $10bn to ease Turkish banking crisis

The International Monetary Fund said it will provide more than $10 billion in financial support for Turkey to help ease a sharp liquidity crisis that has sent the country's interest rates soaring and depleted central bank reserves.

Yugoslav Dinkic explains priorities to parliament

Mladjan Dinkic, the newly-appointed governor of the Yugoslavia's central bank, has told the Federal Assembly that one of the bank's top priorities will be the full convertibility of the dinar, which will eliminate the black foreign exchange market.

IMF concerns over Indonesia's slow pace of reform

The Indonesian rupiah ended lower in Asian trade Wednesday on news that the International Monetary Fund has set a December deadline for Jakarta to show it's serious about economic reform.

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