May 29, 2020/IMF “NOT YOUR FATHER’S IMF” In a new broadcast interview with Bloomberg’s Tom Keene, First Deputy Managing Director Geoffrey Okamoto discussed the global economic fallout over the coronavirus pandemic, how the IMF is responding, and the urgency and importance of global cooperation. “We’re telling countries to spend what […]
Updates
IOSCO encourages issuers’ fair disclosure about COVID-19 related impacts
May 29, 2020/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) today issued a public statement highlighting the importance to investors and other stakeholders of having timely and high-quality information about the impact of COVID-19 on issuers´ operating performance, financial position and prospects. The pandemic and the uncertainty […]
MPR Reduction Signals More Deliberate Measures Imminent
Culled—Proshare May 28, 2020 By NOVA Merchant Bank The Monetary Policy Committee at the end of its meeting today signaled an accommodative posture with a reduction of the Monetary Policy Rate (MPR) by 100bps to 12.5%, citing the need to rapidly stimulate aggregate demand in a bid to accentuate […]
