Updates

Stronger Emerging Market Corporate Governance Enhances Financial Resilience

September 29, 2016/IMF Improved corporate governance over past two decades Governance bolsters resilience to financial shocks Corporate governance can strengthen firms’ balance sheets Stronger corporate governance and investor protection can enhance the resilience of emerging market economies to global financial shocks, and strengthen corporate balance sheets, according to new research […]

Monetary Policy Not Hurt by Rise of Nonbank Finance

September 29, 2016/IMF Impact of monetary policy actions on economic activity has generally strengthened since 2000 Nonbank credit increases the effectiveness of monetary policy Risk taking by banks, nonbanks responds to monetary policy The growth in credit by financial institutions that are not banks has, if anything, strengthened the impact […]

IMF Approves $116.2 Million Facility for Ghana

29/9/2016/IMF On September 28, 2016 the Executive Board of the International Monetary Fund (IMF) completed the third review of Ghana’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement. [1] Completion of the review enables the disbursement of SDR 83.025 million (about US$116.2 million), bringing total disbursements […]