National Bank of Serbia (NBS) Governor Radovan Jelašić conferred with representatives of the International Monetary Fund (IMF) mission on Sunday and Monday. This was part of the ongoing technical talks on a revision of the stand-by arrangement approved mid-May 2009, Tanjug reported.
Posts Tagged ‘international monetary fund imf’
Talks with IMF delegation continue
August 27th, 2009 |
No Comments
Officials of the International Monetary Fund (IMF) will continue talks with government officials in order to find a solution for Serbia’s budget deficit. According to government officials, Belgrade is still looking to avoid having to increase the VAT rates and other taxes.
Dinkić presents govt. plan to IMF
August 26th, 2009 |
No Comments
Economy Minister MlaÄ‘an Dinkić presented in Belgrade on Wednesday the government plant to cover Serbia’s budget deficit to an IMF delegation. The International Monetary Fund (IMF) mission arrived here earlier this week for talks on a revision of its loan arrangement with Serbia.
IMF talks continue in Belgrade
August 25th, 2009 |
No Comments
Negotiations will continue on Tuesday in Belgrade between Serbian government officials and the delegation of the International Monetary Fund (IMF). The two sides are negotiating a revision of the stand-by agreement approved to Serbia in March of this year.
IMF mission arrives in Belgrade
August 24th, 2009 |
No Comments
The International Monetary Fund (IMF) mission has arrived in Belgrade today to begin the second revision of the ongoing stand-by arrangement. The mission will be headed by Albert Jaeger, who also led a delegation to Serbia in March, when an agreement was reached for a loan worth EUR 2.9bn.
Dinkić on Serbia’s IMF proposal
August 19th, 2009 |
No Comments
The Serbian government will make a suggestion to the International Monetary Fund (IMF) to replace tax increase with state administration reform. This would reduce the share of public expenditure in the GDP, Economy Minister Mlađan Dinkić stated on Tuesday.
IMF gives Pakistan $1.2bn
August 12th, 2009 |
No Comments
Pakistan has received $1.2 billion (Dh4.4 billion) from the International Monetary Fund (IMF), the third tranche of an emergency loan facility agreed last year, the central bank said on Wednesday. Â “We have received $1.2 billion from the IMF,” Syed Wasimuddin, chief spokesman of the State Bank
IMF boosts lending to poor states
July 29th, 2009 |
No Comments
The International Monetary Fund (IMF) has said it will take "unprecedented" measures to help poor countries cope with the economic downturn.
The IMF said it will boost lending by up to $17bn (£10.4bn) between now and 2014 and suspend interest on some loans to low income countries until 2011.
It plans to sell some of its gold reserves to raise funds for the loans.
The measures are partly in response to calls from the G20 countries at their April summit for greater lending.
"This is an unprecedented scaling up of IMF support for the poorest countries, in sub-Saharan Africa and all over the world," said IMF head Dominique Strauss-Kahn.
The measures "should prevent millions of people from falling into poverty," he added.
The fund said the global crisis was jeopardising the "remarkable economic progress" made by many poorer countries.
The new loans would not only help them weather the downturn, but also help them in the longer term battle against poverty, it said.
It added that $8bn would be made available over the next two years, more than the $6bn called for by the G20.
Earlier this month, the IMF agreed $2.5bn loan with Sri Lanka and a $600m loan with Ghana.</p
This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.
Only India, China likely to witness reasonable economic growth in coming years: Lord Desai
July 22nd, 2009 |
No Comments
At a recent brainstorming session on “Aftereffects of Financial Meltdown: World Economy, held at the Amity Campus in Noida, Uttar Pradesh, Lord Meghnad Desai expressed his views through a written message, as he could not make it to the event.
In that written address, Lord Desai said admitted that the current global financial meltdown has plunged [...]
Sri Lanka agrees $2.5bn IMF loan
July 20th, 2009 |
No Comments
Sri Lanka has agreed a $2.5bn (£1.5bn) loan accord from the International Monetary Fund (IMF) to the help it weather the global economic crisis.
The agreement will now go the IMF board for final approval.
Reports suggest that an initial $313m will be made available immediately once the loan is approved.
The Sri Lankan government has said that the money will also be used to pay for post-war reconstruction work in the north and east of the island. </p
This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.