Posts Tagged ‘IMF’

IMF gets $430 bil. funding boost

Saturday, April 21, 2012 Comments off

The finance chiefs of the G20 nations have pledged more than 430 billion dollars to shore up the lending capacity of the International Monetary Fund. Read more…

IMF OKs bailout to Greece

Friday, March 16, 2012 Comments off

The International Monetary Fund has officially approved a 4-year bailout for Greece worth 28 billion euros, or around 36.6 billion dollars.

IMF spokesman Gerry Rice read a statement on Thursday after the global lender’s executive board meeting. It said the board approved the rescue to support Greece’s ambitious economic reform. Read more…

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G20 issues joint statement

Monday, February 27, 2012 Comments off

Group of 20 finance ministers and central bank chiefs say they won’t provide more funds to the IMF unless Europe makes further progress in tackling its debt crisis. Read more…

G20 finance ministers end 1st day meeting

Sunday, February 26, 2012 Comments off

G20 finance ministers and central bankers have agreed to discuss strengthening the lending capacity of the International Monetary Fund before their next meeting in April on the condition that Europe takes further action. Read more…

Moscow:Russia to the rescue

Wednesday, November 16, 2011 Comments off

Laaska News  Nov. 16,2011                Read :Russia in changing world

Vladimir Putin. Photo: RIA Novosti   

Being fiscally sound, Russia is prepared to supply the IMF with extra funds for providing rescue to Europe. Read more…

France:New IMF chief may face criminal probe

Friday, July 8, 2011 Comments off

Laaska News  July 8,2011

Christine Lagarde. Photo: EPA

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UK supports Lagarde as IMF chief

Sunday, May 22, 2011 Comments off

Laaska News  May 22,2011

The UK has officially backed France’s Finance Minister Christine Lagarde as a new IMF chief. The 55-year old has already received support from Italy, Germany and some other European countries. However, South Africa and Read more…

IMF names John Lipsky as acting head

Monday, May 16, 2011 Comments off

Laaska News  May 16,2011

IMF deputy head John Lipsky will serve as the Fund’s acting president, as the Read more…

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