Tag: International Monetary Fund

Vienna Initiative Sets Five Priorities for 2014-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Thursday announced that the Steering Committee of the Vienna 2 Initiative have set five (5) priorities for year 2014 after a meeting hosted and chaired by Raiffeisen Bank International in Vienna. According to a Press Statement by Silvia […]

China urges IMF to give more power to emerging markets

China called on IMF member nations on Wednesday to stick to a commitment to give emerging markets more power at the global lender after U.S. lawmakers set back historic reforms that would give developing countries a greater say. The remarks by Chinese Foreign Ministry spokesman Hong Lei were an indirect […]

Global Growth Now 4%, IMF Forecast Improvement in 2014

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said global growth is around 4.0 percent (4.0%), but is expected to improve in 2014. Christine Lagarde, IMF’s Managing Director (MD) said this in her remark, ‘’The Global Economy in 2014’’ at the National Press Club in Washington D.C. […]