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The IMF on Thursday said its executive board completed the first review of an extended fund facility for Ecuador, allowing for an immediate disbursement of around $500 million. In a statement, the ...
The IMF's latest World Economic Outlook said the shifts will leave 2024 global GDP growth unchanged from the 3.2% projected in July, setting a lackluster tone for growth as world finance leaders ...
IMF spokesperson Julie Kozack said the U.S. tariffs on Mexico and Canada and new duties on China, along with countermeasures announced by China and Canada, and potentially Mexico, amounted to ...
COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable. The ...
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
These policies, collectively known as Fujishock, were drawn from and supported by the IMF. Meanwhile, a new constitution protected the central bank's autonomy. After making overdue payments to the international financial community, the country regained its eligibility to borrow directly from them through an Extended Fund Facility. [4]
Bretton Woods Update is a bimonthly digest of key World Bank and IMF initiatives, controversial policy trends, projects and debate. The Update is read by around 6000 key officials, journalists, NGOs and researchers and is respected as a reliable source of information on the Bretton Woods institutions.
WASHINGTON (Reuters) -The International Monetary Fund's executive board on Thursday approved a third review of Ukraine's $15.6 billion loan program, allowing the release of $880 million for budget ...