Finance & Economics

Heated debate over state of Greece's adjustment programme

In a heated debate about the state of play of the Greek macro-economic adjustment programme, the centre-left parties S&D, GUE, Greens/EFA, but also the conservative ECR, warned Greece's creditors and the IMF not to impose more reforms on the country and advocated debt relief. Some MEPs attacked the IMF for being too tough on reforms whereas the centre-right EPP underlined the need for them.

IMF Staff Completes 2016 Article IV Mission to Singapore

An International Monetary Fund (IMF) team led by Alex Mourmouras visited Singapore during April 28-May 10 to hold discussions in the context of the country’s 2016 Article IV Consultation.

Finland Contributes EUR 4 Million towards New Deal Implementation in Somalia

The Finland Ministry of Foreign Affairs and the World Bank signed an agreement on Tuesday for Finland to provide EUR 4 million to the World Bank-administered Multi Partner Fund (MPF), a multi-donor trust established for New Deal implementation in Somalia.

IMF Staff Completes 2016 Discussions with the Central African Economic and Monetary Community on Common Policies for Member Countries

A team from the International Monetary Fund (IMF), led by Mario de Zamaróczy, visited Libreville and Yaoundé during April 25–May 9, 2015 and held discussions with the institutions of the Central African Economic and Monetary Community (CEMAC) on common policies for member countries.

IMF Staff Completes 2016 Article IV Mission to the United Arab Emirates

An International Monetary Fund (IMF) mission, led by Mr. Zeine Zeidane, visited the United Arab Emirates (UAE) from April 26 to May 9, 2016 for the annual Article IV discussions.

IMF Staff Completes 2016 Article IV Mission to Oman

An International Monetary Fund (IMF) team led by Allison Holland visited Muscat from April 24 to May 4 to hold the 2016 Article IV consultation discussions with Oman.

IMF Executive Board Concludes 2016 Article IV Consultation with Paraguay

On April 29, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Paraguay, and considered and endorsed the staff appraisal.

Hungarian economy expanding but reforms needed to boost skills, business investment and incomes

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IMF Staff Completes 2016 Article IV Mission to South Africa

An International Monetary Fund mission team led by Ms. Laura Papi visited Pretoria, Johannesburg, and Cape Town from April 18 to May 4, to conduct the 2016 Article IV Consultation discussions with South Africa.

IMF Executive Board Approves FY2017–FY2019 Medium-Term Budget

On April 20, 2016, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2017, beginning May 1, 2016, and took note of indicative budgets for FY2018–19.