International development

The International Monetary Fund (IMF) considers an early return by Greece to capital markets as counterproductive, according to reports from Washington.

Turkey attracted $1.17 billion in foreign direct investment (FDI) in May, the Turkish Economy Ministry announced on July 25.

According to a ministry report, foreign direct investment in Turkey amounted to $4.8 billion between January and May 2017, an increase of 11.2 percent compared to the same period in 2016.

The IMF told Greece on Wednesday that it was critical to keep up its drive on reforms in order to successfully conclude its bailout program and regain access to debt markets.

The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund's voting structure, IMF Managing Director Christine Lagarde said on July 24.

The International Monetary Fund (IMF) has hailed Turkey's 2017 economic growth thanks to a strong recovery in the country's exports in its updated World Economic Outlook, in which the fund kept its growth forecasts for the world economy unchanged for this year and next, although it revised up growth expectations for the euro zone and China.

BELGRADE - The recommendation of the Fiscal Council is that Serbia enter into another arrangement with the International Monetary Fund (IMF) to cement the good and, in some segments, excellent results achieved, says Fiscal Council member Nikola Altiparmakov.

The calm reaction of the markets to the International Monetary Fund's stance on Greece means that the government's plans for a trial bond issue may be revived this week.

General Director of the International Monetary Fund (IMF) Christine Lagarde returned to Washington yesterday to take part in today’s crucial meeting of the IMF Board of Directors, and will attempt to convince the Fund’s members to agree on the body’s participation in the new Greek Programme. The IMF Chief will have the support of Poul Thomsen, the head of the group’s European branch and Mrs.

The government is freezing its plans for a bond issue that was scheduled to take place on Monday or Tuesday. Following a series of meetings over the weekend, it decided to delay the trial return to the markets until the International Monetary Fund publishes its debt sustainability analysis (DSA).

The International Monetary Fund has again found that Greece's debt is unsustainable under every scenario, according to the report the Executive Council will be discussing on Thursday to decide on the Fund's participation in the Greek program, sources say.