Tag: International Monetary Fund

IMF approves $24bn flexible credit line for Chile

The approval had been expected since IMF Managing Director Kristalina Georgieva backed the plan earlier this month due to Chile's "very strong fundamentals" and...

‘Pakistan plans to raise $1.5bn in Eurobonds’

With the country’s fiscal deficit likely to rise as high as 9.4% and a shortfall in revenues due to COVID-19 economic losses. Pakistan plans...

IMF says Bosnia’s failure to disburse IMF emergency aid is unprecedented

In the Letter of Intent signed with the IMF, the leaders of the Bosniak-Croat Federation also agreed to allocate 50% of the funds to...

IMF says over 20 poor countries seek debt relief, extension possible

IMF spokesman Gerry Rice told a regular news briefing that more than half of the 73 poor countries eligible for have expressed interest in...

IMF increases Armenia’s three-year financing to $280mn

The augmentation and completion of the review will make (a total of) about $280 million immediately available," an IMF statement said. The Stand-by arrangement,...

Lebanon launches IMF talks to rescue economy

The talks will be based on a government rescue plan which maps out tens of billions of losses in the financial system. Lebanon descended...

Collapse in consumption dragging down global economic outlook: IMF

Gopinath said economic data gathered since April confirmed the IMF's forecast for a 3pc contraction in global economic output, and potentially worse scenarios. WASHINGTON: A...

Close
Close