Post Tagged with: "#IMF"

IMF Executive Board Approves a Temporary Increase in Annual Access Limits to Financial Support

July 23, 2020 6:45 PM
IMF Executive Board Approves a Temporary Increase in Annual Access Limits to Financial Support

  On July 13, the Executive Board of the International Monetary Fund (IMF) approved a temporary increase in the annual limits on overall access to resources in the General Resources Account and the Poverty Reduction and Growth Trust. The severe impact of the COVID-19 pandemic on global economic conditions has […]

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COVID-19 Pandemic threatens to wide the Gender Gaps that persist despite 30 Years of Progress

July 22, 2020 6:45 PM
COVID-19 Pandemic threatens to wide the Gender Gaps that persist despite 30 Years of Progress

The COVID-19 pandemic threatens to roll back gains in women’s economic opportunities, widening gender gaps that persist despite 30 years of progress. Well-designed policies to foster recovery can mitigate the negative effects of the crisis on women and prevent further setbacks for gender equality. What is good for women is […]

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Dominant Currencies and the Limits of Exchange Rate Flexibility

4:15 PM
Dominant Currencies and the Limits of Exchange Rate Flexibility

  Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and developing economies’ (EMDEs) currencies have weakened sharply. Will these currency movements support the recovery of these economies? Building on a new dataset, […]

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IMF Managing Director Urges Further Action to Secure a Resilient Recovery

July 21, 2020 12:30 PM
IMF Managing Director Urges Further Action to Secure a Resilient Recovery

  Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the virtual meeting of the Group of 20 (G20) Finance Ministers and Central Bank Governors, chaired by Saudi Arabia: “Due to the continuing impact of the COVID-19 pandemic, the […]

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Alfred Kammer appointed as IMF’s Director of the European Department

July 16, 2020 7:00 AM
Alfred Kammer appointed as IMF’s Director of the European Department

  Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Mr. Alfred Kammer as Director of the European Department. Mr. Kammer succeeds Mr. Poul Thomsen, whose retirement was announced previously. He is expected to begin his work in this capacity on August […]

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COVID-19 Crisis is inflicting the most Pain on those who are already most vulnerable

June 12, 2020 2:45 PM
COVID-19 Crisis is inflicting the most Pain on those who are already most vulnerable

  The COVID-19 crisis is inflicting the most pain on those who are already most vulnerable. This calamity could lead to a significant rise in income inequality. And it could jeopardize development gains, from educational attainment to poverty reduction. New estimates suggest that up to 100 million people worldwide could be […]

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How International Trade is affected by the COVID-19 Pandemic?

June 7, 2020 3:00 PM
How International Trade is affected by the COVID-19 Pandemic?

  With the current fast-changing developments, policymakers need to know what is happening to the economy in real-time, but they often must settle for data telling them what happened many weeks ago. And international trade, which links countries through a complex web of supply chains, is an area where timely information […]

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IMF Managing Director: 170 Countries will finish this Year with a smaller Economy

June 5, 2020 4:45 PM
IMF Managing Director: 170 Countries will finish this Year with a smaller Economy

  “One hundred and seventy countries are going to finish this year with a smaller economy than at the start of the year, and we already project that there will be more debt, bigger deficits, and more unemployment,” said Managing Director Kristalina Georgieva this week to 225,000 live participants of […]

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330 Million Euros from IMF will be used for Health Sector and Financing of Economic Stabilization Measures

9:30 AM
330 Million Euros from IMF will be used for Health Sector and Financing of Economic Stabilization Measures

      The Central Bank of Bosnia and Herzegovina (CBBH) received the Decision of the Council of Ministers of Bosnia and Herzegovina on the allocation of funds of the Rapid Financing Instruments (RFI) from the International Monetary Fund (IMF). This created the conditions for the distribution and remittance of […]

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330 million Euros of International Monetary Fund to be on Accounts of Entities Tomorrow

June 3, 2020 12:30 PM
330 million Euros of International Monetary Fund to be on Accounts of Entities Tomorrow

The International Monetary Fund’s money in the amount of 330 million euros can be in the accounts of the entities tomorrow, it was said after the session of the Council of Ministers of Bosnia and Herzegovina on Wednesday. The decision on the allocation of funds from the Rapid Financing Instrument […]

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