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IMF approves conditional loan to Greece

Greecegotapprovalforaone-year,1.8billionUSdollarloanprogramfromtheInternationalMonetaryFund(IMF)lateThursday.Thereleaseofanyfunds,however,wasnotcommitteduntilth

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IMF approves US167.2 million for Sri Lanka

ByAPDWriterJamilaHusainCOLOMBO,July18(APD)-TheExecutiveBoardoftheInternationalMonetaryFund(IMF),onTuesday,completeditssecondreviewofSriLankasExtendedFundFacilit

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IMF to participate for 'last time' in Greek bailout: Schaeuble

TheInternationalMonetaryFund,akeycreditorinGreece'sbailout,willnotparticipateinanyfurtherrescuesofthedebt-wrackedcountry,Germany'sfinanceministertoldaGreeknewsp

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IMF says Pakistan outlook 'favourable' but warns of risks

The International Monetary Fund (IMF) said the outlook for Pakistan's economy was "favourable", citing Chinese infrastructure investments among reasons for growth, but warned of risks to recent progress.

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IMF says Pakistan outlook 'favourable' but warns of risks

TheInternationalMonetaryFund(IMF)saidtheoutlookforPakistan'seconomywas"favourable",citingChineseinfrastructureinvestmentsamongreasonsforgrowth,butwarnedofriskst

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​IMF revises up China’s growth forecast to 6.7 percent for 2017

The International Monetary Fund has again revised up China’s growth forecast for 2017, saying policy support has helped to maintain strong growth in the world’s second largest economy.

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​IMF revises up China’s growth forecast to 6.7 percent for 2017

TheInternationalMonetaryFundhasagainrevisedupChina’sgrowthforecastfor2017,sayingpolicysupporthashelpedtomaintainstronggrowthintheworld’ssecondlargesteconomy.Ini

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IMF raises Italy growth forecast, but sees ongoing risk

The International Monetary Fund (IMF) on Monday revised upwards its economic growth forecast for Italy, from 0.8 percent to 1.3 percent this year.

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IMF sets tough new Ukraine loan demands

The International Monetary Fund said on Friday it will only release a new tranche payment to Ukraine once parliament approves a long-stalled pension system overhaul and land privatisation legislation.

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Greek parliament approves new austerity measures

TheGreekparliamentlateThursdayadoptedanewroundofausteritycutswhichthegovernmenthopeswillsecureapledgeofdebtreliefandloandisbursementsbyEU-IMFcreditorsthismonth.

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Egypt, IMF in initial agreement on next aid tranche

TheInternationalMonetaryFundsaidFridayitwillreleasethesecondtrancheofa$12-billionloantoEgypt,ina"voteofconfidence"inthecountry'seconomicreformprogramme.Theamoun

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MEPs say no room for complacency in tackling Greek debt

The sovereign debt crisis that has rocked Greece since late 2009 came back onto the European agenda with a Tuesday debate at the European Parliament here.

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IMF board says it retains full confidence in Christine Lagarde's leadership

The International Monetary Fund (IMF) said on Monday (Dec 19) that it retains "full confidence" in Ms Christine Lagarde's ability to continue to lead the organization, despite her conviction for negligence in a French court.

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RMB's inclusion in SDR basket supports China's reforms, IMF deputy managing director

​The historic inclusion of China' s Renminbi into the Special Drawing Right (SDR) basket of the International Monetary Fund (IMF) has deeper significance for China and the global economy, said Zhang Tao, deputy managing director of the IMF, on Wednesday.

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China's yuan joins elite club of IMF reserve currencies

China's yuan joins the International Monetary Fund's basket of reserve currencies on Saturday in a milestone for the government's campaign for recognition as a global economic power.

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China vows further financial reforms after RMB's SDR inclusion

China's central bank said Saturday that the country will continue to push financial reforms and market opening after the inclusion of its currency renminbi into the International Monetary Fund's (IMF) Special Drawing Right (SDR) currency basket.

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IMF: Brazil's economic recession coming to an end

​The International Monetary Fund (IMF) said Thursday that Brazil's economic recession is coming to an end, with growth expected to return in 2017, albeit at a low 0.5 percent.