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Posts tagged as “IMF”

IMF: Governments Should Use “Equity-Like” Stimulus

International Monetary Fund chief economist Gita Gopinath has advised governments to implement “equity-like” support instead of loans as firms increasingly become insolvent due to lower…

Greece Rejects IMF-Styled Reforms

Greek Prime Minister Kyriakos Mitsotakis says he would not subject the country to the oversight by the “troika” of the EU, the European Central Bank,…

IMF: The SDR’s Time Has Come

75 years after the creation of the Bretton Woods conference, The IMF is saying now is the hour of the Special Drawing Right (SDR), which…

Argentine President Says “There’s No Chance Argentina Will Default” With Increased IMF Credit

Mauricio Macri, President of Argentina, stated that a revamped arrangement with the International Monetary Fund (IMF) will help boost investor confidence in the country after a financial crisis forced South America’s second-largest market to a recession.

“We are working with the IMF and we are going to present something that will bring confidence,” Macri said. “More confidence than what we’ve had in the last 10 days when markets have turned around and things are moving better.”