Economic development

It looks like the International Monetary Fund (IMF) will take part in the financing of Greece's third bailout, Slovakia's finance minister Peter Kazimir said at the EBRD's annual meeting in Nicosia on Wednesday.

"It seems to me that yes, finally [the IMF will provide funding to Greece]. We have to congratulate Christine Lagarde that she managed to convince the IMF," he said.

The meeting between the Greek government and its lenders ended in the early hours on Tuesday with an agreement on outstanding issues.

“The negotiation is completed, there’s white smoke”, Finance Minister Euclid Tsakalotos said coming out of the meeting at a central hotel in Athens.

This is the new agreement between the lenders and Greece, totaling 128 pages, the terms of which will be included in the bills expected to be voted on in the Parliament. The government is planning a parliamentary crash test in the first ten days of May, so that the Eurogroup on May 22 will have at least a ratification of the staff level agreement.

Narrowing the gap between rich and poor is key to avoiding a destructive rise in populism, German Finance Minister Wolfgang Schaeuble said on April 22 as he laid out a plan to boost private investment in Africa.

The Director of the International Monetary Fund’s (IMF) Communications Department, Gerry Rice denied a New York Times report according to which the Fund disagreed on how to approach the Greek issue. Following the end of the IMF’s press briefing, Mr.

The meeting with the Managing Director of the International Monetary Fund (IMF) Christine Lagarde “went very well”, Finance Minister Euclid Tsakalotos after the talks held in Washington DC, on the sidelines of the IMF’s Spring Meetings.

As the government hailed official figures putting last year's budget surplus eight times the size of the target set by Greece's international creditors, a key International Monetary Fund official on Friday conceded that the organization underestimated the resilience of the Greek economy once again.

BELGRADE - Serbian Finance Minister Dusan Vujovic will this week attend the 2017 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, his ministry announced Tuesday.

The meetings, officially slated for April 20-23, will bring together central bank governors, finance ministers and representatives of major financial institutions.

WASHINGTON - The International Monetary Fund (IMF) on Tuesday confirmed a 3 pct growth forecast for Serbia for 2017, with 3.5 pct growth predicted for next year.

The IMF published its latest World Economic Outlook during the 2017 Spring Meetings with the World Bank Group.

Tanjug file photo, Z. Zestic

Greece on Wednesday welcomed the publication of the International Monetary Fund's (IMF) revised projections from last fall with regard to its primary budget surplus in 2017, hoping that this will strengthen its hand in negotiations with international creditors.