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IMF pays USD 18.2 million to Afghanistan

Following Afghanistan’s progress in its reforms, International Monetary Funding (IMF) agrees to pay USD 18.2 million to Afghanistan. The money was disbursed under the approval of Extended Credit Facility Arrangement after reviewing Afghanistan’s economic progress. “In a very difficult environment,

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Spain denies ‘senseless’ IMF bailout rumours

Spain’s economy minister has dismissed talk of it seeking a bailout from the International Monetary Fund (IMF) as “senseless”. And the IMF denied that Spain had asked to discuss rescue loans. The IMF has contributed to bailouts of all the

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Spain denies 'senseless' IMF bailout rumours

Spain’s economy minister has dismissed talk of it seeking a bailout from the International Monetary Fund (IMF) as “senseless”. And the IMF denied that Spain had asked to discuss rescue loans. The IMF has contributed to bailouts of all the

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Lack of Trust Hurting Greek Economy

While Greece’s financial stability is the most obvious and immediate concern, confidence—or a lack thereof—is a major issue and a growing part of the equation as the rest of the world’s leaders circle the wagons in an effort to rescue

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UK offers £10bn loan to the IMF

The IMF says it has received firm commitments of more than $430bn. The money is to help economies in trouble and includes just under £10bn ($15bn) from the UK in loans to the International Monetary Fund (IMF). It is part

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IMF sees ‘optimism return’ as faster growth predicted

The International Monetary Fund (IMF) has said that “some optimism has returned” to the global economy and has predicted slightly faster growth. The IMF revised world economic growth for 2012 to 3.5%, up from its previous forecast of 3.3%. It

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IMF sees 'optimism return' as faster growth predicted

The International Monetary Fund (IMF) has said that “some optimism has returned” to the global economy and has predicted slightly faster growth. The IMF revised world economic growth for 2012 to 3.5%, up from its previous forecast of 3.3%. It

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World Bank job should go to Okonjo-Iweala, say ex-staff

A group of former World Bank officials has written a letter backing Nigeria’s Finance Minister, Ngozi Okonjo-Iweala, to be its next president. Traditionally the post is given to the candidate put forward by the US, which this time is Dr

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