By InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) on Sunday proposed the reappointment of David Lipton as first deputy MD to a five year term beginning September 1, 2016. “I am delighted to propose having David Lipton continue as the First deputy MD. Combining international expertise, […]
Tag: Min Zhu
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 […]
