Tag Archive: International Monetary Fund

IMF MNUCHIN

  1 month ago     56 Views     Comments Off on IMF MNUCHIN  

U.S. Treasury Secretary Steven Mnuchin says the International Monetary Fund and World Bank are important partners in addressing global economic issues. “I think that the IMF and World Bank are both very important institutions. As important today as they’ve ever been,” Mnuchin said during a forum to commemorate 75 years since Bretton Woods.  Mnuchin added that he’s had “a very productive relationship” with IMF Managing Director Christine Lagarde. Mnuchin said adequate funding for the Fund is a top priority. “The first issue we have to reach an agreement on is the size of the balance sheet and the resources. And…

View More

IMF Global Outlook

  4 months ago     76 Views     Comments Off on IMF Global Outlook  

The world’s economy continues to expand, but is losing momentum the IMF reported Monday (January 21) in its latest quarterly update to the World Economic Outlook report. “Global growth is expanding at a healthy rate, but we are seeing a slowing momentum,” says IMF Head of Research Gita Gopinath. “We have seen a weakening of the growth rate and we have revised down our estimates both for 2019 and 2020. Now those revisions are moderate, but what we are flagging is that there are many important down-side risks to the global economy,” she added. Trade tensions and tightening financial conditions…

View More

IMF Global Financial Stability Report

  7 months ago     203 Views     Comments Off on IMF Global Financial Stability Report  

Ten years after the collapse of Lehman brothers sent markets in to crisis, banks and governments have largely restored confidence in the stability of the world’s systems, but new risks are emerging the IMF says in the latest Global Financial Stability Report. “The global economic expansion remains strong supported by still easy monetary policy,” said said Tobias Adrian, Director of the IMF’s Monetary and Capital Markets Director. “Stepping back, the global financial system is certainly stronger than before the global financial crisis thanks to reform and recovery,” he said. “However financial imbalances continue to build up, the new financial system…

View More

IMF’s Lagarde: “We Are Stronger Together”

  7 months ago     120 Views     Comments Off on IMF’s Lagarde: “We Are Stronger Together”  

The International Monetary and Financial Committee (IMFC) gathered in Bali, Indonesia Saturday for the IMF’s Annual Meetings. Leaders discussed ways to support the global expansion and lower tensions over trade and other risks to the world economy. “We called this whole Annual Meetings Sailing to Indonesia. Well, as I said, steer the boat. Do not drift, and sail together, because we will be stronger together. What it means is focus on your policies. Make sure that they are the right ones in the face of economic developments. Do not drift, and let's cooperate as much as we can because we…

View More

Lagarde Lehman Ten Year Anniversary

  8 months ago     152 Views     Comments Off on Lagarde Lehman Ten Year Anniversary  

Ten years after the collapse of Lehman Brothers, IMF Managing Director Christine Lagarde is reflecting on the lessons learned from the ensuing global financial crisis, and what policymakers can do to protect from another collapse. In a blog posting Wednesday, Lagarde said: “The global financial crisis remains one of the defining events of our time. It will forever mark the generation that lived through it. The fallout from the crisis—the heavy economic costs borne by ordinary people combined with the anger at seeing banks bailed out and bankers enjoying impunity, at a time when real wages continued to stagnate—is among…

View More

About the IMF

  2 years ago     1327 Views     Comments Off on About the IMF  

The International Monetary Fund and its 189 member countries work together to foster global monetary cooperation and financial stability. The ultimate goals as envisaged by the countries that created the IMF are global prosperity and peace.  

View More

IMF Quotas

  2 years ago     484 Views     Comments Off on IMF Quotas  

The IMF is a quota based institution and they constitute the primary source of IMF’s finances. Learn more about  IMF quotas, and recent quota reforms.  

View More

Statement by Christine Lagarde on the U.K. Referendum

  2 years ago     442 Views     Comments Off on Statement by Christine Lagarde on the U.K. Referendum  

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today: "We take note of the decision by the people of the United Kingdom. We urge the authorities in the U.K. and Europe to work collaboratively to ensure a smooth transition to a new economic relationship between the U.K. and the EU, including by clarifying the procedures and broad objectives that will guide the process. "We strongly support commitments of the Bank of England and the ECB to supply liquidity to the banking system and curtail excess financial volatility. We will continue to monitor developments…

View More