IMF urges Japan to go ahead with planned tax hike next year


TOKYO - Japan should go ahead with a second sales tax hike next year in order to maintain credibility of its fiscal framework, an International Monetary Fund official said on Thursday.

IMF urges caution in Africa's Eurobond borrowing spree

DAR ES SALAAM - The International Monetary Fund (IMF) has warned African countries against rushing to issue Eurobonds, saying they may face exchange rate risks and problems repaying debts.

Business, Africa 21 Oct 2014

IMF's Vinals says economic outlook at risk

LONDON - The world's economic recovery is weak and some assets are still overpriced, a senior International Monetary Fund official said on Thursday.

Business, 16 Oct 2014

Eurozone authorities should be ready to shut weak banks - IMF

LONDON - There may be too many banks in continental Europe and authorities should make it easier for weak banks to be shut or to exit the industry, a senior International Monetary Fund official said on Thursday.

Business, 16 Oct 2014

IMF to decide on cash for Ukraine this month - central bank governor

KIEV - The International Monetary Fund's mission to Ukraine will determine at the end of October how much additional financial aid Kiev needs, Central Bank Governor Valeria Gontareva said on Thursday.

World, 16 Oct 2014

Euro partners see Greece softening line on ending support

BRUSSELS - Greece's partners in the euro believe Athens is changing its mind about giving up on their financial help next year and might ask for a credit line to replace funds from the IMF.

Business, 15 Oct 2014

Romania's PM tipped to win presidency - poll

BUCHAREST - Romania's leftist Prime Minister Victor Ponta will win a Nov. 2-16 presidential election, an opinion poll shows, giving him the task of reviving an IMF deal which was put on hold because of disagreements over a tax cut.

World, 15 Oct 2014

IMF launches consultations on Islamic finance

- The International Monetary Fund found has held its first consultation with an external advisory group of Islamic finance industry bodies, as regulators across the globe seek to address structural issues in the sector.

Business, 13 Oct 2014

Greece says IMF to maintain routine post-bailout review after exit

WASHINGTON - Greece has begun talks for ending International Monetary Fund aid to the country, but will continue to have routine post-bailout reviews by the Washington-based group, a Greek official said after talks with the IMF's chief on Sunday.

Business, 12 Oct 2014

Germany on defensive as criticism of economic course mounts

BERLIN - German Finance Minister Wolfgang Schaeuble put on a brave face at the end of IMF meetings in Washington this weekend, dismissing suggestions that Berlin had come under pressure to shift its economic course as "spin doctoring".

Business, 12 Oct 2014