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24 Jan 23
Haiti has been given a financial lifeline by the IMF to avoid a famine.
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13 Jan 22
The Rwandan economy recovered strongly in 2021, after Covid-19 saw the nation drop into its first recession in more than two decades, according to the International Monetary Fund.
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19 Oct 21
Rich nations are being urged to channel their share of a recent liquidity boost from the International Monetary Fund to more vulnerable countries.
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24 Aug 21
The largest ever allocation of the International Monetary Fund’s Special Drawing Rights has come into effect, effectively boosting member governments’ reserves to increase liquidity during the...
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4 Aug 21
The International Monetary Fund has approved a new allocation of Special Drawing Rights, effectively topping up its member countries’ reserves as public finances continue to struggle against Covid-19.
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9 Jul 21
The International Monetary Fund's record $650bn liquidity stimulus in response to Covid-19 is expected to be operational by the end of August.
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24 Jun 21
Rich nations could fully restore reserve levels in low-income countries by diverting less than half of their share of an International Monetary Fund funding stream, according to ratings agency S&...
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12 Apr 21
Undeserving private sector lenders could benefit from International Monetary Fund action aimed at helping poorer countries recover from Covid-19, a former deputy director of the fund has warned.
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24 Mar 21
The International Monetary Fund is preparing to expand its reserves for the first time since 2009 to help governments deal with the economic fallout of Covid-19.
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23 Sep 16
The inclusion of the yuan in the International Monetary Fund’s special currency basket is an “important milestone” in China’s financial integration, fund officials said yesterday.
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1 Sep 16
The World Bank has launched its Special Drawing Rights-denominated bond programme, marking the first ever publicly issued SDR bond, and the bank’s inaugural issue on the Chinese market.
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15 Aug 16
The World Bank is the first entity to receive approval to issue bonds backed by the International Monetary Fund’s special drawing rights reserve asset in China.
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21 Dec 15
The United States Congress has approved reforms to the International Monetary Fund’s governance that will give China and other emerging economies greater clout within the institution after...
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1 Dec 15
The International Monetary Fund is to include the Chinese renminbi in the currency basket that determines the value of the body’s Special Drawing Rights reserve asset.