Tag: Christine Lagarde

IMF Announce US$1.75 Billion Arrangement with Tunisia

By Our Correspondent Lagos (INVESTADVOCATE)- The International Monetary Fund (IMF),  Friday announced a Two-Year US$1.75 billion Stand-By Arrangement (SBA) with Tunisia.   According to Lagarde, the amount of US$1.75 billion is 400 percent (400%) of Tunisia‘s quota in the IMF. “This agreement will be subject to approval by the IMF’s […]

IMF Appoints Ducharme As New Director of Statistics

By Peter OBIORA InvestAdvocate Lagos (InvestAdvocate)- Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Thursday announced the appointment of Louis Marc Ducharme as Director of its Department of Statistics.   The IMF said Ducharme’s appointment will be effective in June 2013 when he succeeds Adelheid Burgi-Schmelz, who […]

IMF Advise Emerging Markets to Improve Banking Regulation

Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the Managing Director (MD) of the International Monetary Fund (IMF) Wednesday advised Emerging Markets and Developing Countries to improve their Banking Regulation and Supervision. Lagarde gave this advice in her speech “The Global Policy Actions Needed to Stay Ahead of the Crisis” at the […]