By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Thursday announced that the Steering Committee of the Vienna 2 Initiative have set five (5) priorities for year 2014 after a meeting hosted and chaired by Raiffeisen Bank International in Vienna. According to a Press Statement by Silvia […]
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China urges IMF to give more power to emerging markets
China called on IMF member nations on Wednesday to stick to a commitment to give emerging markets more power at the global lender after U.S. lawmakers set back historic reforms that would give developing countries a greater say. The remarks by Chinese Foreign Ministry spokesman Hong Lei were an indirect […]
Islamic finance body IILM to expand sukuk issuance to $860 million
Malaysia-based International Islamic Liquidity Management Corp (IILM) will expand its Islamic bond programme by $370 million to $860 million next week, increasing its issuance of short-term sukuk for the first time since its launch last year. The IILM, a consortium of central banks from Asia, the Middle East and Africa, […]
