Christine Lagarde, managing director of the International Monetary Fund, ended a two-day visit to China Sunday, with words of caution about the global economic recovery and praise for the country’s business policies. Lagarde told an audience of business leaders and officials in Beijing that the world had stepped back from the brink, but still urgently […]
IMF Chief Urges More Global Reforms, Praises China’s Business Policies
IMF Chief Urges More Global Reforms, Praises China’s Business Policies
Christine Lagarde, managing director of the International Monetary Fund, ended a two-day visit to China Sunday, with words of caution about the global economic recovery and praise for the communist country’s business policies. Lagarde told an audience of business leaders and officials in Beijing that the world had stepped back from the brink, but still […]
IMF Praises China’s Business Policies
Christine Lagarde, managing director of the International Monetary Fund, ended a two-day visit to China Sunday with praise for the communist country’s business policies. Lagarde said in a statement in Beijing she is encouraged that Chinese authorities are focusing not just on the level of growth, but on growth that is more widely shared across […]
IMF Approves New Loan for Greece
The International Monetary Fund has approved a new $36-billion loan for debt-ridden Greece, despite misgivings about the country’s economic performance with a previous loan. The board of the Washington-based institution on Thursday adopted a proposal by IMF Managing Director Christine Lagarde for the new funding. The loan will be disbursed in installments over a four-year […]
IMF Approves New Loan for Greece
The International Monetary Fund has approved a new $36 billion loan for debt-ridden Greece, despite misgivings about the country’s economic performance with a previous loan. The board of the Washington-based IMF on Thursday adopted a proposal by its managing director, Christine Lagarde, for the new funding. She said last week that the IMF loan would […]
IMF Set to Approve New Loan for Greece
The International Monetary Fund appears set to approve a new $36 billion loan for debt-ridden Greece, despite misgivings about the country’s economic performance with a previous loan. The board of the Washington-based IMF was expected to meet Thursday and adopt a proposal by its managing director, Christine Lagarde, for the new funding. She said last […]
Hungary Seeking Speedy IMF Bailout
Hungary is seeking a speedy bailout deal with the International Monetary Fund as the value of its currency, the forint, continues to fall. A government spokesman , who is heading talks with the IMF, told reporters Thursday the government’s intention is to reach a deal with the IMF “as soon as possible.” Last month, Hungary […]
Hungary Seeking Speedy IMF Bailout
Hungary is seeking a speedy bailout deal with the International Monetary Fund as the value of its currency, the forint, continues to fall. A government spokesman , who is heading talks with the IMF, told reporters Thursday the government’s intention is to reach a deal with the IMF “as soon as possible.” Last month, Hungary […]
IMF Chief Praises Nigeria’s Economic Reforms
The head of the International Monetary Fund held talks with Nigerian officials as she began her first official trip to Africa. IMF chief Christine Lagarde met with Nigerian President Goodluck Jonathan Monday following a meeting with finance minister Ngozi Okonjo-Iweala in the capital, Abuja. The French news agency quotes her as saying she was “extremely […]
IMF Chief: Africa’s Biggest Economic Challenge is Jobs
Christine Lagarde is making her first trip to Africa as the new managing director of the International Monetary Fund to discuss the continent’s cooperation with the global financial institution. Ahead of the trip which starts Sunday, Lagarde said Africa’s biggest economic challenge is the need to create more jobs on a continent with more than […]