Imf
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China's yuan joins elite club of IMF reserve currencies
EghtesadOnline: 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…
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IMF Plans to Help Egypt Secure Remaining Money for Loan Deal
EghtesadOnline: The International Monetary Fund said it will help Egypt plug the remaining financing gap for its economic program before the fund’s executive board approves a $12 billion loan…
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IMF Steps Deeper Into Middle East Cauldron With Loan to Egypt
EghtesadOnline: The International Monetary Fund is stepping up lending in a region where economic reformers haven’t exactly had the most success.
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Saudis Win IMF Praise Two Years After Warnings of Financial Ruin
EghtesadOnline: In October, the International Monetary Fund warned that Saudi Arabia could deplete its financial assets within five years. It’s now finding more reasons to be optimistic about…
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Asian Stocks Mixed, Europe Advances
EghtesadOnline: Asian stock markets were mixed Wednesday as investors reassessed the global economy following the International Monetary Bank’s global growth cut. They were also awaiting corporate…
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IMF Improves Brazil’s GDP Outlook
EghtesadOnline: Brazil’s interim government celebrated the news that the International Monetary Fund reduced its negative outlook forecast for the country’s GDP in 2016, from 3.8% in April to…
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IMF Cuts Global Growth Forecasts
EghtesadOnline: The International Monetary Fund cut its global growth forecasts for the next two years, citing uncertainty over Britain’s looming exit from the European Union.
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Iran to pay off its debt to IMF
EghtesadOnlin: The cabinet ministers on Wednesday commissioned the Central Bank of Iran to pay off Iran's debt to the International Monetary Fund.
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IMF Says Debt-Laden China Needs Urgent Reforms
EghtesadOnline: David Lipton, one of the International Monetary Fund’s highest ranked officials, has warned China that it needs to initiate “serious reforms” in order to address the country’s…