United Nations Development Group

The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen has told AFP ahead of stakeholders' meetings this week where key changes are expected to be announced.

BELGRADE - An International Monetary Fund (IMF) mission completed on Wednesday the first review under the current 24-month stand-by arrangement with Serbia, in place since December 2022, the Serbian Finance Ministry said on Wednesday.

In a statement, it said all objectives to date had been accomplished and that the IMF Board of Governors was due to approve the first review in June.

BELGRADE - Serbian President Aleksandar Vucic met with an International Monetary Fund (IMF) delegation on Tuesday, noting that it had assessed the situation in Serbia as stable and commended the high level of foreign investment in the country.

BELGRADE - Serbian PM Ana Brnabic met on Monday with an IMF Mission headed by Donal McGettigan as part of the first review under Serbia's current standby arrangement with the IMF, agreed in December 2022.

The International Monetary Fund's (IMF) executive board has announced a $5.4 billion disbursement to Argentina, part of a $44 billion loan program as the South American nation faces a severe economic panorama.

Argentina is the target of the largest assistance program currently under IMF implementation.

Ajay Banga, the American pick to lead the World Bank, was the only candidate nominated for the position, the bank confirmed on March 30, paving the way for his likely appointment in the coming months.

International Monetary Fund (IMF) chief Kristalina Georgieva said yesterday that risks to financial stability have increased and called for continued vigilance although actions by advanced economies have calmed market stress.

U.S. Secretary of State Antony Blinken called on March 22 on Congress to agree to $150 million to rejoin the U.N. culture agency UNESCO, saying the U.S. absence was letting China write rules on artificial intelligence.

BELGRADE - Serbia has met all its commitments from an agreement with the International Monetary Fund (IMF), but public enterprises - above all, the power company EPS - pose the highest risk to reforms, says Milojko Arsic, editor of the economic publication Kvartalni monitor.

The International Monetary Fund (IMF) said on March 21 it has reached agreement with Ukrainian authorities on a loan package worth around $15.6 billion, to support the conflict-hit country's economic recovery.

The European country has been locked in a deadly war with Russian troops since they invaded the country in February last year.