International Monetary Fund http://www.globalpost.com/taxonomy/term/23566/all en IMF's Lagarde says conflict "enemy number one" of Africa growth http://www.globalpost.com/dispatch/news/thomson-reuters/130107/imfs-lagarde-says-conflict-enemy-number-one-africa-growth <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* African growth impressive despite global downturn</p> <p>* Continent still struggling to end cycle of war</p> <p>By Joe Bavier</p> <p>ABIDJAN, Jan 7 (Reuters) - Africa's emerging nations have<br /> become a driving force for world economic growth, International<br /> Monetary Fund chief Christine Lagarde said on Monday, but armed<br /> conflicts pose the principal threat to the continent's future<br /> development.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/imfs-lagarde-says-conflict-enemy-number-one-africa-growth" target="_blank">read more</a></p> Africa Africa Business Christine Lagarde Christine Lagarde French people International development International economics International Monetary Fund International relations Person Career Quotation Technology Thomson Reuters Mon, 07 Jan 2013 17:21:17 +0000 Thomson Reuters 5731371 at http://www.globalpost.com UPDATE 2-IMF official in Egypt as currency crisis bites http://www.globalpost.com/dispatch/news/thomson-reuters/130107/update-2-imf-official-egypt-currency-crisis-bites <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* IMF official to discuss $4.8 bln loan</p> <p>* HSBC sees IMF visit as positive</p> <p>* Parliamentary vote looms in coming months</p> <p>* Qatari PM due in Cairo on Tuesday for talks</p> <p>By Tom Perry and Yasmine Saleh</p> <p>CAIRO, Jan 7 (Reuters) - A senior IMF official met Egypt's<br /> government on Monday to discuss a vital $4.8 billion loan as the<br /> Islamist-led state battles to contain a currency crisis set off<br /> by political turmoil that is depleting its foreign reserves.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/update-2-imf-official-egypt-currency-crisis-bites" target="_blank">read more</a></p> Africa Arab world Business Disaster Egypt Hosni Mubarak International development International economics International Monetary Fund International Monetary Fund International relations Person Career Person Communication Politics Pound sterling Quotation Technology Thomson Reuters Mon, 07 Jan 2013 14:09:26 +0000 Thomson Reuters 5731338 at http://www.globalpost.com IMF had 'productive' discussion with Egypt http://www.globalpost.com/dispatch/news/thomson-reuters/130107/imf-had-productive-discussion-egypt <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>WASHINGTON, Jan 7 (Reuters) - The International Monetary<br /> Fund held "productive" discussions with Egypt about its economic<br /> strategy, a senior Fund official said on Monday after a visit to<br /> the country.</p> <p>Egypt is desperately seeking a $4.8 billion loan from the<br /> IMF to help prop up its budget and contain a currency crisis set<br /> off by political turmoil.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/imf-had-productive-discussion-egypt" target="_blank">read more</a></p> Arab world Economy of Egypt Economy of the Arab League Egypt International economics International Monetary Fund International Monetary Fund International relations Person Career Political geography Quotation Thomson Reuters Tue, 08 Jan 2013 01:46:46 +0000 Thomson Reuters 5731422 at http://www.globalpost.com Egypt says expects IMF committee in 2-3 weeks http://www.globalpost.com/dispatch/news/thomson-reuters/130108/egypt-says-expects-imf-committee-2-3-weeks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>CAIRO, Jan 8 (Reuters) - Egypt expects a visit from an<br /> International Monetary Fund technical committee in two to three<br /> weeks, the presidential spokesman said on Tuesday, after a visit<br /> to Cairo by a senior IMF official.</p> <p>"Negotiations with the IMF team will resume from where they<br /> stopped," Yasser Ali, spokesman for President Mohamed Mursi,<br /> said. Asked when the committee would visit, he said to expect it<br /> in "two to three weeks".</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/egypt-says-expects-imf-committee-2-3-weeks" target="_blank">read more</a></p> Arab world Cairo CDATA Egypt Geography of Africa International Monetary Fund International Monetary Fund International relations Person Career Person Communication Person Location Politics Quotation XML Thomson Reuters Tue, 08 Jan 2013 13:52:05 +0000 Thomson Reuters 5731479 at http://www.globalpost.com Qatar throws Egypt $2.5 billion lifeline to prop up pound http://www.globalpost.com/dispatch/news/thomson-reuters/130108/qatar-throws-egypt-25-billion-lifeline-prop-pound <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Egypt convulsed by dollar rush after political turmoil</p> <p>* Qatar seen as seeking influence in post-Mubarak Egypt</p> <p>* IMF team expected in 2-3 weeks for talks on $4.8 bln loan</p> <p>By Yasmine Saleh and Patrick Werr</p> <p>CAIRO, Jan 8 (Reuters) - Qatar tossed Egypt an economic<br /> lifeline on Tuesday, announcing it had lent Egypt another $2<br /> billion and given it an extra $500 million outright to help<br /> control a currency crisis.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/qatar-throws-egypt-25-billion-lifeline-prop-pound" target="_blank">read more</a></p> Arab world Asia Egypt Hosni Mubarak International Monetary Fund Member states of the Arab League Member states of the Organisation of Islamic Cooperation Member states of the United Nations Middle East Middle Eastern countries Qatar USD Western Asia Thomson Reuters Tue, 08 Jan 2013 16:00:27 +0000 Thomson Reuters 5731665 at http://www.globalpost.com Greece raises electricity prices by up to 15 pct http://www.globalpost.com/dispatch/news/thomson-reuters/130113/greece-raises-electricity-prices-15-pct <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>ATHENS, Jan 13 (Reuters) - Greece raised electricity prices for households by up to 15 percent this year to help state-controlled power company PPC cover costs for transmission rights, the government said on Sunday.</p> <p>The debt-laden country increased its regulated power prices last year as well to reflect the true cost of energy generation as required under the terms of an EU/IMF bailout.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130113/greece-raises-electricity-prices-15-pct" target="_blank">read more</a></p> Economics International development International Monetary Fund Thomson Reuters Sun, 13 Jan 2013 19:15:22 +0000 Thomson Reuters 5733891 at http://www.globalpost.com URGENT ¥¥¥ IMF censures Argentina over poor economic data http://www.globalpost.com/dispatch/news/afp/130201/urgent-imf-censures-argentina-over-poor-economic-data <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The International Monetary Fund censured Argentina on Friday for failing to supply accurate economic data, the first time ever the global crisis lender has taken such an action on a member.</p> <p>The IMF Executive Board found that Argentina's efforts to meet the IMF's demands for better GDP and inflation data have "not been sufficient. As a result, the Fund has issued a declaration of censure against Argentina." </p> <p>pmh/vs</p> International Monetary Fund International Monetary Fund AFP Fri, 01 Feb 2013 21:00:28 +0000 Agence France-Presse 5743548 at http://www.globalpost.com IMF censures Argentina over poor economic data http://www.globalpost.com/dispatch/news/afp/130201/imf-censures-argentina-over-poor-economic-data <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The International Monetary Fund censured Argentina on Friday for failing to supply accurate economic data, the first time the global crisis lender has taken such an action against a member.</p> <p>The IMF Executive Board found that Argentina's efforts to meet its demands for better GDP and inflation data have "not been sufficient. As a result, the Fund has issued a declaration of censure against Argentina."</p> <p>The censure decision opened the way to Argentina possibly losing its voting rights at the IMF, or even lose it membership.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/imf-censures-argentina-over-poor-economic-data" target="_blank">read more</a></p> International development International Monetary Fund AFP Fri, 01 Feb 2013 21:15:27 +0000 Agence France-Presse 5743562 at http://www.globalpost.com http://www.globalpost.com/dispatch/news/afp/130204-31 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>IMF says Spain makes 'major' progress, bank cleanup at 'advanced stage'</p> <p>pmh/vs</p> International Monetary Fund AFP Mon, 04 Feb 2013 15:15:23 +0000 Agence France-Presse 5745441 at http://www.globalpost.com URGENT ¥¥¥ IMF says Spain bank cleanup at 'advanced stage' http://www.globalpost.com/dispatch/news/afp/130204/urgent-imf-says-spain-bank-cleanup-at-advanced-stage <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The International Monetary Fund said Monday that Spain's reforms under its financial-sector support program are close to being complete and that the cleanup of its weakest banks is well-advanced.</p> <p>"The program remains on track: the clean-up of undercapitalized banks has reached an advanced stage, and key reforms of Spain's financial sector framework have been either adopted or designed," the IMF said in a mission report.</p> <p>pmh/vs</p> International Monetary Fund International Monetary Fund AFP Mon, 04 Feb 2013 15:15:36 +0000 Agence France-Presse 5745446 at http://www.globalpost.com URGENT ¥¥¥ Greece narrows deficit to 6.6%, meets targets: provisional data http://www.globalpost.com/dispatch/news/afp/130204/urgent-greece-narrows-deficit-66-meets-targets-provisional-data <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Greece narrowed its public deficit to 6.6 percent of output in 2012, meeting targets pledged to EU-IMF creditors, the finance ministry said on Monday.</p> <p>"General government data confirms that the government has met its fiscal targets for 2012," junior finance minister Christos Staikouras said in a statement.</p> <p>jph-cb/arp</p> International Monetary Fund AFP Mon, 04 Feb 2013 15:30:56 +0000 Agence France-Presse 5745461 at http://www.globalpost.com Greece narrows deficit to 6.6%, meets targets: provisional data http://www.globalpost.com/dispatch/news/afp/130204/greece-narrows-deficit-66-meets-targets-provisional-data <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Greece narrowed its public deficit to 6.6 percent of output in 2012, meeting targets pledged to EU-IMF creditors, the finance ministry said on Monday.</p> <p>"General government data confirms that the government has met its fiscal targets for 2012," junior finance minister Christos Staikouras said in a statement.</p> <p>The deficit closed at 12.88 billion euros ($17.6 billion) compared to 19.69 billion euros or 9.4 percent of output in 2011, the ministry said in an estimate.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/greece-narrows-deficit-66-meets-targets-provisional-data" target="_blank">read more</a></p> Economics International development International Monetary Fund AFP Mon, 04 Feb 2013 15:45:42 +0000 Agence France-Presse 5745479 at http://www.globalpost.com IMF says Spain bank cleanup at 'advanced stage' http://www.globalpost.com/dispatch/news/afp/130204/imf-says-spain-bank-cleanup-at-advanced-stage-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The International Monetary Fund said Monday that Spain's reforms under its financial-sector support program are close to being complete and that the cleanup of its weakest banks is well-advanced.</p> <p>"The program remains on track: the clean-up of undercapitalized banks has reached an advanced stage, and key reforms of Spain's financial sector framework have been either adopted or designed," the IMF said.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/imf-says-spain-bank-cleanup-at-advanced-stage-0" target="_blank">read more</a></p> Economics International economics International Monetary Fund International Monetary Fund Law AFP Mon, 04 Feb 2013 16:00:57 +0000 Agence France-Presse 5745500 at http://www.globalpost.com URGENT ¥¥¥ Tunisia in talks with IMF for $1.78 bn standby loan http://www.globalpost.com/dispatch/news/afp/130204/urgent-tunisia-talks-imf-178-bn-standby-loan <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Tunisia is at an "advanced stage" in talks with the International Monetary Fund for a $1.78 billion standby loan to protect the economy from external shocks, the IMF said Monday.</p> <p>"As stated by the Tunisian authorities, an arrangement with the IMF is being sought only as a precautionary measure to help support the country during the transition period and, if need be, cope with exogenous shocks that could come from the global environment," the IMF said.</p> <p>pmh/JM</p> International Monetary Fund International Monetary Fund AFP Mon, 04 Feb 2013 19:31:01 +0000 Agence France-Presse 5745700 at http://www.globalpost.com http://www.globalpost.com/dispatch/news/afp/130204-38 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Tunisia in advanced IMF talks for $1.78 bn standby loan</p> <p>pmh/dc</p> International Monetary Fund AFP Mon, 04 Feb 2013 19:31:20 +0000 Agence France-Presse 5745703 at http://www.globalpost.com