IMF chief Christine Lagarde tells Ukraine to fix graft or lose vital aid

IMF chief Christine Lagarde tells Ukraine to fix graft or lose vital aid

IMF chief Christine Lagarde warned Ukraine on Wednesday that its stalled fight against corruption and inability to push through required restructuring measures were jeopardising the future of the Fund`s rescue plan.

IMF chief Christine Lagarde warns Ukraine over rescue program

IMF chief Christine Lagarde warns Ukraine over rescue program

An IMF program to prop up cash-strapped Ukraine`s stricken economy cannot continue without reform by the authorities in Kiev, International Monetary Fund chief Christine Lagarde warned Wednesday.

No 'draconian measures' for Greece: IMF's Lagarde

The International Monetary Fund does not wish to slap "draconian measures" on hard-up Greece but wants more government progress on pension reform, IMF chief Christine Lagarde has said.

IMF implements quota reforms; India, China get more voting rights

IMF implements quota reforms; India, China get more voting rights

For the first time, the four emerging economies – India China, Brazil and Russia -- would be among the 10 largest members of the International Monetary Fund.

Christine Lagarde to run for second IMF term

Christine Lagarde to run for second IMF term

Christine Lagarde announced Friday that she will run for a second term at the head of the International Monetary Fund, after winning strong backing from across Europe.

IMF opens nominations for top post; Christine Lagarde gets strong backing from Europe

IMF opens nominations for top post; Christine Lagarde gets strong backing from Europe

With her term coming to an end in July, the International Monetary Fund formally began accepting nominations for who will guide the global crisis lender for the next five years.

IMF opens nominations for managing director; will Christine Lagarde renew?

IMF opens nominations for managing director; will Christine Lagarde renew?

Lagarde, the former French finance minister who has overseen the IMF through the challenging eurozone bailouts and is widely respected in the global financial community, has not said directly that she wants to renew her position.

 

WEF Davos 2016: Asylum seekers' inflow to have expansionary effect on economy

The refugee challenge facing Europe can be harnessed for the benefit of all, with the help of appropriate policies, especially effective integration into the labour market, IMF said.

Oil price collapse is a drag on global economy: IMF

The International Monetary Fund said Tuesday that the sharp collapse in the price of oil is proving more of a drag on the global economy than a stimulus.

IMF cuts world growth forecast, warns of emerging market risks

IMF cuts world growth forecast, warns of emerging market risks

The International Monetary Fund warned of substantial risks in the major emerging market economies Tuesday as it lowered its outlook for global economic growth this year.

Greece seeks swift bailout review as IMF role still unclear

Greece's finance minister says his government is pressing lenders for a swift review of the country's bailout program, warning that delays would prolong market uncertainty and make fiscal targets more difficult.

Greece 'accepts' IMF role in bailout: Eurogroup chief

Greece 'accepts' IMF role in bailout: Eurogroup chief

Eurogroup chief Jeroen Dijsselbloem on Thursday said Greece had "fully accepted" that the International Monetary Fund take a role in its third bailout programme despite Athens earlier saying the fund is no longer needed.

EU warns Greece not to 'play games' with IMF

EU warns Greece not to 'play games' with IMF

The EU's economic affairs commissioner has called on Athens "not to play games" with the International Monetary Fund as the body decides whether to participate in Greece's latest bailout.

Global growth will be disappointing in 2016: IMF's Lagarde

Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

Saudi Arabia posts record budget deficit, to raise petrol prices by more than 50%

Saudi Arabia posts record budget deficit, to raise petrol prices by more than 50%

Saudi Arabia said Monday it was raising petrol prices by more than 50 percent for some products from Tuesday as it cuts a range of subsidies after posting a record budget deficit.

IMF chief Christine Lagarde to stand trial for negligence over Tapie payout

IMF chief Christine Lagarde to stand trial for negligence over Tapie payout

Lagarde was placed under formal investigation in 2014 for negligence in the long-running affair for allowing arbitration in a dispute between the tycoon and partly state-owned bank Credit Lyonnais.

IMF warns of uncertainty around Brexit vote

IMF warns of uncertainty around Brexit vote

A referendum on whether Britain should leave the European Union would create economic uncertainty, IMF chief Christine Lagarde said in a report Friday, adding she hoped the country would remain in the bloc.

IMF changes rule on debt as Ukraine faces Russia deadline

IMF changes rule on debt as Ukraine faces Russia deadline

 The International Monetary Fund on Tuesday changed a rule that would have blocked its financial aid program to Ukraine in the event the country defaulted on debt owed to Russia.

IMF urges ECB to use all tools to support eurozone

The International Monetary Fund welcomed moves announced by the European Central Bank on Thursday to support the eurozone, and urged it to use its entire toolbox to spur growth. 

China leaves India trailing in race for reserve currency status

China leaves India trailing in race for reserve currency status

China`s accession to the International Monetary Fund`s elite has left behind India, whose cautious approach to liberalisation means the rupee is unlikely to be a viable candidate for reserve currency status for at least a decade.