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Interest rates rises could thwart G20 growth goal

Last Updated: Thursday, July 31, 2014, 11:55

The G20`s pledge to boost growth could be wiped out by rising interest rates and weakening emerging economies, an IMF report said, as chief Christine Lagarde warned Thursday of "slow" progress in reaching the goal.

Debt restructuring in review if Argentina defaults: IMF

Last Updated: Wednesday, July 30, 2014, 08:57

Argentina faces a Wednesday midnight deadline to pay certain hedge funds demanding full payment on defaulted bonds or risk being declared in default.

Ukraine may need more aid: IMF chief Lagarde

Last Updated: Wednesday, July 30, 2014, 00:02

The first installment of the aid, worth $3.19 billion, was disbursed in early May.

IMF chief says low inflation can hit European growth

Last Updated: Friday, July 18, 2014, 16:41

IMF chief Christine Lagarde warned on Friday that low inflation could damage growth in Europe and urged the European Central Bank to maintain a flexible policy.

IMF welcomes establishment of BRICS bank

Last Updated: Thursday, July 17, 2014, 08:53

The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank's leadership.

Global recovery to accelerate in 2015: IMF

Last Updated: Sunday, July 06, 2014, 14:05

Lagarde estimated that growth in China this year would be between 7 and 7.5 percent.

IMF pushes EU to simplify 'complicated' budget rules

Last Updated: Thursday, June 19, 2014, 23:09

The European Union must find ways to simplify its "excessively complicated" budget rules that are rarely met by struggling economies and discourage investment, the IMF said on Thursday.

Cooperative action can increase global output: IMF

Last Updated: Tuesday, June 10, 2014, 08:21

Cooperative action by countries can increase global output by two per cent' over the next five years, the head of the International Monetary Fund has said.

Landmark debt deal will help Argentina: IMF

Last Updated: Friday, May 30, 2014, 15:39

Argentina has been frozen out of international debt markets since a massive default in 2001.

Lagarde warns on slow pace of financial sector reform

Last Updated: Wednesday, May 28, 2014, 00:03

Lagarde, addressing a London conference themed on "inclusive capitalism", blamed a variety of factors for the lack of progress.

Boko Haram kidnappers `despicable` : IMF`s Lagarde

Last Updated: Tuesday, May 20, 2014, 03:48

International Monetary Fund chief Christine Lagarde branded Boko Haram, the Nigerian insurgents who kidnapped more than 200 schoolgirls, "despicable" on Monday.

Ukraine crisis could have 'severe' economic impact: IMF

Last Updated: Tuesday, May 13, 2014, 00:04

Lagarde also told the Handelsblatt business daily that a 17-billion-dollar aid package granted to Ukraine by the IMF would not be enough.