Updates

Statement on Legal Proceedings in France Relating to the Managing Director

December 19, 2016/IMF Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today relating to Managing Director’s legal proceedings in France:  The Executive Board has met on previous occasions to consider developments related to the legal proceedings in France. It is expected that […]

IMF Statement on the Stability of the Banking System in Ukraine

December 19, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement: “Today’s decision of Ukrainian authorities to nationalize PrivatBank is an important step in their efforts to safeguard financial stability. This decision was taken to ensure the smooth operations of the bank given […]

New Investors join Scatec Solar to develop the 100 MW Nova Scotia Solar Project in Nigeria

December 19, 2016/Scatec Solar Scatec Solar (www.ScatecSolar.com) has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund (the Norwegian Investment Fund for Development Countries), securing investment into the 100 MW (DC) Nova Scotia Power […]