United Kingdom


'Highly likely' Ukraine will receive next IMF loans in June - finance minister


KIEV Ukraine thinks it is highly likely to receive its next aid tranche of $1.7 billion (£1.1 billion) from the International Monetary Fund in June but is in a comfortable position to service its existing debt, new Finance Minister Oleksandr Danylyuk said on Thursday.

Ecuador asks IMF for loan after quake - IMF official

MEXICO CITY The International Monetary Fund has received a request for a credit line from Ecuador following a deadly earthquake earlier this month, an IMF official said on Wednesday.

World, 27 Apr 2016

Greece says IMF demands are undermining an accord

ATHENS Greece accused the International Monetary Fund on Wednesday of undermining efforts to broker an accord over the country's funding options, after talks to unlock fresh bailout aid stalled.

Business, 27 Apr 2016

Greek PM tells EU's Tusk displeased with IMF

ATHENS Greek Prime Minister Alexis Tsipras expressed his 'displeasure' to EU Council President Donald Tusk over the International Monetary Fund's insistence on extra measures to close a bailout review that will unlock further financial aid for Athens.

Business, 27 Apr 2016

Ukraine will not make major changes to IMF memorandum - deputy finance minister

KIEV A new memorandum that Ukraine will submit to the International Monetary Fund will not contain significant changes to the programme agreed in the $17.5 billion (£12 billion) bailout, deputy Finance Minister Artem Shevalev said on Tuesday.

Business, 26 Apr 2016

IMF says it's encouraged by Gulf's economic reform plans

DUBAI The International Monetary Fund said it was encouraged by the efforts of Saudi Arabia and other Gulf Arab oil exporters to repair damage to their state finances as low crude prices slash export revenues.

Business, Middle East 25 Apr 2016

Exclusive: Mozambique comes clean on $1.35 billion of debt - IMF source

JOHANNESBURG Mozambique has given the IMF an "avalanche of documents" and owned up to as much as $1.35 billion of undeclared sovereign borrowing that may have tipped it into an unsustainable debt trap, a Fund source said on Friday.

IMF's Lagarde says debt relief for Greece critically important

AMSTERDAM Greece and its lenders have made some progress towards an agreement on reforms, but not enough to unlock new loans or start talks on vital debt relief, the head of the International Monetary Fund Christine Lagarde said on Friday.

Business, 22 Apr 2016

EU wants reforms from new Ukraine government within 100 days

KIEV The new Ukrainian government must use its first 100 days in office to implement reforms needed to secure 600 million euros in new aid, European Union Commissioner Johannes Hahn said on a visit to Kiev on Thursday.

World, 21 Apr 2016

Serbian prime minister plans new privatisation push after election

NOVI PAZAR, Serbia Serbian Prime Minister Aleksandar Vucic plans a new push to privatise loss-making state firms if he wins Sunday's election and will do everything needed to secure IMF approval for his economic policies, he told Reuters in an interview.

World, 20 Apr 2016