International development
IMF Communications Director Rice denies reports Fund is split on approach to Greek issue
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.
IMF admits to misjudging economic performance
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.
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Vujovic to attend Spring Meetings of World Bank Group, IMF
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.
Greek PM Alexis Tsipras calls on creditors to stop punishing Greece in WSJ article
In an opinion article published in the Wall Street Journal, Greek PM Alexis Tsipras called on the country’s creditors to stop blocking the return of economic growth in Greece. The PM criticised both the IMF and Greece’s European creditors stressing they should both end “punitive policies of the past”. Following is the Greek PM’s article in the WSJ:
IMF confirms 3 pct growth forecast for Serbia
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
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Worries over Trump policies cloud start of IMF, World Bank meetings
World finance leaders have gathered on U.S. President Donald Trump's home turf on April 20 to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration.
Greek government plays up IMF's revised budget projections
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.
IMF: 3.5% primary surplus target unfeasible for Greece
International Monetary Fund (IMF) Managing Director Christine Lagarde said that a 3.5% primary surplus target for the next 10 years in Greece was unfeasible. During an event within the IMF’s summer session in Washington, Mrs. Lagarde underlined that although progress had been made in Greece, the Fund had not agreed upon a program as “our [IMF] conditions had not been met”.
Turkey chides IMF as int'l fund slashes growth outlook
The International Monetary Fund will be "mistaken again" in its growth forecasts for Turkey, a top Turkish official has stated, after the IMF recently revised down its growth outlook for the country due to political uncertainty, security concerns and the loss in the lira's value.
Serbian finance minister to attend IMF-WB spring meetings
Serbian Finance Minister will attend the traditional spring meetings of the IMF and the World Bank in Washington DC, the Serbian government has announced.
According to a statement, the April 20-23 gathering will bring together the world's financial elite - governors of central banks, finance ministers and representatives of major financial institutions.