The IMF is working at an “unprecedented” pace to provide emergency support financing to the global economy with a particular focus on Africa, spokesman Gerry Rice said Thursday (June 4) in Washington. Over $10 billion…
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The IMF supports ongoing dialog between Argentina and its creditors as that country deals with its debt burden, spokesman Gerry Rice said in a virtual news briefing Thursday in Washington, DC. “The Argentine authorities are…
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The IMF has already authorized financial assistance for 50 member countries during the Coronavirus pandemic, said IMF Spokesperson Gerry Rice on Thursday during a virtual press briefing in Washington D.C. “So since roughly the beginning…
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The IMF will consider efforts to combat corruption and improve governance in any future program with Equatorial Guinea, spokesman Gerry Rice told reporters Thursday (December 12) in Washington. “In the case of Equatorial Guinea, the…
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IMFC calls on private creditors to join debt standstill The IMFC, the IMF’s governing body, underscored the importance of the Fund in fighting the economic crisis caused by the Coronavirus pandemic. At a virtual press…
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IMF Managing Director warns of false trade-off: “Saving lives and protecting livelihoods go hand in hand” On Friday, April 3, Kristalina Georgieva, Managing Director of the IMF, urged the world to come together to protect…
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IMF: Sharper increase in budget deficits and debts than during financial crisis The IMF is projecting a large-scale increase in debt all around the world because of the Covid-19 pandemic. Authorities had already spent about…
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The IMF says the world’s economy was “less dire” than it expected, but that there is still work to be done to help growth return in “the long ascent” back from crisis, Managing Director Kristalina…
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IMF urges countries to approach Fund to contain economic damage On Friday, March 27, Kristalina Georgieva, Managing Director of the IMF, gave an update on the efforts of the Fund to help countries deal with…
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The economic cost from the outbreak of coronavirus strain COVID-19 is still uncertain but countries must work together to combat it, IMF spokesman Gerry Rice said Thursday in Washington, DC. Speaking to an empty briefing…
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