By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) said on Monday China is in the midst of a historic transition aimed at transforming and rebalancing its economy. “This transition is good for China and good for the world. As with any […]
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Kenya secures $1.5 bln IMF standby facilities in case of shocks
Tue Mar 15, 2016/Reuters The International Monetary Fund (IMF) has approved two-year standby facilities for Kenya worth about $1.5 billion, which can be drawn on if the East African nation faces unforeseen shocks. “The Kenyan authorities have indicated that they will continue to treat both arrangements as precautionary,” the IMF […]
EC, IMF Meet to Further Strengthen Partnership
March 14, 2016/IMF European Commissioner for International Cooperation and Development, Neven Mimica, and International Monetary Fund (IMF) Deputy Managing Director, Carla Grasso, met on March 14, 2016 in Brussels to discuss the further strengthening of the EC-IMF partnership. The EC and the IMF are natural strategic partners, with both institutions […]
