France, Germany discuss Ukraine crisis with Poroshenko

The leaders of France and Germany discussed a shaky ceasefire deal and economic reforms for Ukraine in a telephone call with President Petro Poroshenko on Sunday.

Romania to seek EU-IMF permission to boost defence budget

Romania will seek permission from the International Monetary Fund and the European Union to increase its defence budget next year in view of the separatist rebellion in neighbouring Ukraine, the finance minister said Monday.

Ireland to repay 9 billion euros IMF loans by year end

Irish Finance Minister Michael Noonan said Friday his country will repay 9 billion euros ($11 billion) of the bailout loans it owed to the International Monetary Fund(IMF) by the end of the year.

Pakistan raises USD 1 bn through bonds

 Pakistan has raised USD 1 billion from international debt markets by floating five-year dollar- denominated Sukuk bonds to overcome the impacts of the failed Oil and Gas Development Corporation Limited and botched transaction on foreign currency reserves.

US urges IMF to cancel some debt of Ebola-hit countries

The United States has asked the International Monetary Fund to cancel $100 million of the debts of the three West African countries devastated by the Ebola outbreak.

US urges IMF to cancel debt of Ebola-stricken countries

 The United States on Tuesday proposed that the International Monetary Fund write off some $100 million in debt it is owed by Guinea, Liberia and Sierra Leone to free up more resources for those countries, the hardest hit by the Ebola outbreak.

Pakistan hopes to get $1.1 bn from International Monetary Fund

Pakistan will more likely receive a loan instalment 1.1 billion dollars from the International Monetary Fund (IMF) next month as the latter is satisfied with its economic performance, government officials said here Saturday.

Eurozone ministers show `strong support` for Greece credit line

Eurozone ministers moved towards throwing twice bailed out Greece a new credit line on Thursday, that would come with conditions over its handling of budget and continued oversight by the International Monetary Fund.

IMF unblocks cash as desperate west Africa awaits Ebola aid

The International Monetary Fund fast-tracked $130 million (102.5 million euros) in aid Friday to fight the Ebola epidemic after the governments of the worst-hit countries in west Africa said they were desperately counting on promises of global aid to be backed up with cash.

IMF frees USD 4.6 billion in aid for Greece

The International Monetary Fund released USD 4.6 billion in aid to Greece today, after a yearlong delay to ensure Athens was meeting targets set by bailout lenders.

Mozambique mulls sovereign wealth fund

Mineral-rich Mozambique is considering the establishment of a sovereign wealth fund, the country`s finance minister said Thursday.

Afghan economy falters as NATO mission ends

Afghanistan`s aid-dependent economy is slowing markedly as NATO troops withdraw, the International Monetary Fund (IMF) said Wednesday, warning that violence, political instability and lack of reform threaten future growth.

IMF approves $17 bn aid deal for `combat-alert` Ukraine

The International Monetary Fund has approved a $17 billion aid deal for the beleaguered Ukrainian economy as Kiev`s armed forces went on "full combat alert" against a possible Russian invasion.

Ukraine currency recovers after 46% interest rate hike

Ukraine`s currency steadied today after heavy falls and after the crisis-hit country`s central bank unexpectedly raised the key interest rate by nearly 50 per cent to boost consumer confidence and stop spiralling inflation.

Greek MPs adopt controversial bill tied to EU-IMF loans

Greece`s Parliament narrowly approved an omnibus bill of reforms tied to the country`s next tranche of EU-IMF loans, the Parliament Speaker said.

East-West standoff complicates any IMF deal for Ukraine

Ukrainian bond prices are holding up better than expected in the stand-off with Russia because investors think the International Monetary Fund might not impose tough conditions in an expected aid programme due to Kiev`s political importance to the West.

Ukrain crisis: William Hague to hold talks with US Secretary of State, IMF

British Foreign Secretary William Hague on Monday said he will travel to Washington to speak to US Secretary of State John Kerry and the International Monetary Fund (IMF) after Ukrainian government today urged the international community to provide $35 billion aid to improve the country`s economy.

Up to 21, mostly foreigners, killed in Kabul suicide attack

Up to 21 people were killed in Friday`s attack on a restaurant popular with foreigners in the Afghan capital, after a suicide bomber blew himself up near the entrance and gunmen burst in to spray diners with bullets.

Ukraine economy under threat amid street protests

Hidden behind the tug of war over whether Ukraine will cast its lot with Europe or Russia is the prospect of bankruptcy. Someone will need to chip in at least USD 10 billion in the coming months.

India will vote my government back to power in 2014: Chidambaram

Finance Minister P Chidambaram said that the UPA government will be voted back to power in the General Election in India next year.