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Ex-IMF head Rato stands trial in Spain over credit card use


MADRID Crowds jeered at former International Monetary Fund chief Rodrigo Rato when he arrived at a Madrid court on Monday to face trial for his alleged misuse of company credit cards on extravagant personal expenses.

IMF urges BOJ to clarify policy guidance, strengthen communication

TOKYO The Bank of Japan must continue to clarify its monetary policy guidance and strengthen communication after adopting a new policy framework, an official of the International Monetary Fund said on Monday.

Business, Japan 26 Sep 2016

Russia - meeting of Russia, Ukraine finance ministers not confirmed

MOSCOW A meeting between Russia and Ukraine's finance ministers on the sidelines of the International Monetary Fund annual meeting in Washington next month is still being negotiated, Russia Deputy Finance Minister Sergei Storchak said on Friday.

Business, 23 Sep 2016

Greece needs substantial debt relief, surplus targets unrealistic - IMF

ATHENS Greece needs substantial relief to render its debt load sustainable and help set its ailing economy on a recovery path, the International Monetary Fund said in an annual review on Friday.

Business, 23 Sep 2016

Greece welcomes IMF request for further debt relief - finance minister

ATHENS Greece welcomed on Friday a review by the International Monetary Fund (IMF) which said the country needs substantial debt relief to make its debt burden sustainable.

Business, 23 Sep 2016

Economic costs of Middle East wars exceptionally high - IMF study

WASHINGTON Armed conflicts in the Middle East and North Africa are not only devastating the economies gripped by fighting, but are sapping growth in neighbouring countries and those hosting millions of refugees, the International Monetary Fund said on Friday.

World, Africa, 16 Sep 2016

In search of peace and prosperity, Ukraine faces uphill struggle

KIEV Ukraine feels its reform efforts have been vindicated by the International Monetary Fund giving it another tranche of aid worth $1 billion (£757.2 million), but the country still faces an uphill struggle to speed up economic growth and achieve lasting change.

World, 15 Sep 2016

IMF board approves $1 billion loan disbursement to Ukraine

WASHINGTON The International Monetary Fund said its board on Wednesday approved a long-awaited loan disbursement to Ukraine of about $1 billion (754.15 million pounds) after a review of the country's bailout programme.

World, 15 Sep 2016

Ukraine's Poroshenko welcomes release of more IMF aid

KIEV Ukrainian President Petro Poroshenko on Thursday welcomed a decision by the International Monetary Fund to release additional aid worth $1 billion to Kiev, saying it showed that the world recognises that Ukraine was carrying out reforms.

World, 14 Sep 2016

Ukraine finance minister - new IMF loan will help service debts

KIEV Ukrainian Finance Minister Oleksandr Danylyuk said on Thursday that a new loan from the International Monetary Fund (IMF) will help Ukraine service its debts and keep the hryvnia currency and financial system stable.

World, 14 Sep 2016