Tag: International Monetary Fund

IMF Launches Debate on Future of International Monetary System

IMF Survey March 17, 2016 Major structural shifts are posing challenges to the global economy Study to examine adequacy of the global safety net, how to make capital flows safer IMF to work with others to identify—and correct—system’s shortcomings The IMF is embarking on a study to understand the challenges […]

Kenya secures $1.5 bln IMF standby facilities in case of shocks

Tue Mar 15, 2016/Reuters The International Monetary Fund (IMF) has approved two-year standby facilities for Kenya worth about $1.5 billion, which can be drawn on if the East African nation faces unforeseen shocks. “The Kenyan authorities have indicated that they will continue to treat both arrangements as precautionary,” the IMF […]

EC, IMF Meet to Further Strengthen Partnership

March 14, 2016/IMF European Commissioner for International Cooperation and Development, Neven Mimica, and International Monetary Fund (IMF) Deputy Managing Director, Carla Grasso, met on March 14, 2016 in Brussels to discuss the further strengthening of the EC-IMF partnership. The EC and the IMF are natural strategic partners, with both institutions […]