Tag: Christine Lagarde

IMF Proposes €1 Billion Lifeline for Cyprus

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Wednesday said it has proposed a three-year SDR891 million (about €1 billion; or US$1.34 billion) loan for Cyprus; representing about 563 percent (563%) quota under the Extended Fund Facility (EFF) expected to be approved in May 2013. Christine […]

Realizing the Aspirations of All Algerians

Townhall speech by Christine Lagarde, Managing Director of the International Monetary Fund   Algiers, Thursday, March 14   Introduction Governor, honorable participants. Bonjour. As-salaam ‘alaykum. I am delighted to be here this morning. Let me begin by thanking the Algerian government for inviting me to your spectacular country. I am also […]

IMF Predicts Algeria’s Economic Growth to hit 3½% by 2015

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF), Wednesday said Algeria’s Economic growth is expected to remain solid, between 3 and 3½ percent (3%-3½%) over the next two years.   Christine Lagarde, Managing Director (MD) of the IMF said this in a Statement made available to InvestAdvocate at […]