KIEV Ukrainian President Petro Poroshenko on Friday said he hoped an anti-corruption chamber would be created next month, but expressed doubt that an independent court as envisaged by the International Monetary Fund could be set up before 2019.
KIEV Ukraine risks reversing progress made under a $17.5 billion aid-for-reforms programme from the International Monetary Fund, IMF first deputy managing director David Lipton was quoted as saying on Friday, urging the government to improve anti-graft efforts.
KINSHASA As Congo's government was soliciting urgent help from Western donors and the IMF last month to contain an economic crisis, the chairman of the state mining company brought an unusual guest to the prime minister's office. It was Raymond O'Leary, a vice president from Russia's second largest bank, state-owned VTB, to discuss a Eurobond aiming to raise funds for the cash-strapped government, Congolese and VTB officials confirmed.
LONDON Negative interest rates imposed by central banks have generally worked as a tool to boost inflation, pulling down yields and sometimes weakening currencies, International Monetary Fund research has concluded.
BRUSSELS Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts and Greece returned to the debt market, although inflation figures could throw cold water on ECB plans to start tightening policy.
KINSHASA Democratic Republic of Congo's government has formally requested financial support from international donors as it confronts a worsening economic crisis, a letter seen by Reuters on Thursday showed.
BRUSSELS Euro zone finance ministers and the International Monetary Fund are likely to strike a compromise on Greece on Thursday, paving the way for new loans for Athens while leaving the contentious debt relief issue for later, officials said on Monday.
TOKYO A lack of clarity about the size of an expected U.S. fiscal stimulus and China's rapid domestic credit growth are among risks that cloud Asia's economic outlook, a senior International Monetary Fund official said on Monday.
BRUSSELS Euro zone finance ministers failed to agree on debt relief for Greece with the International Monetary Fund on Monday and did not release new loans to Athens, but came close enough in talks to aim for both deals at their next meeting in three weeks. | Video
BERLIN German Foreign Minister Sigmar Gabriel on Monday urged euro zone finance ministers and the International Monetary Fund to give Greece enough fiscal room to make growth-oriented investments in education, infrastructure and research and development.