IMF warns of ‘dangerous’ trajectory for Chinese debt
China’s growth outlook is expected to improve between 2017 and 2021, but the country’s rising debt level skews the figures and raises strong concerns, according to the International Monetary Fund.
IMF
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IMF urges millennials to prepare for ‘pension shock’
For millennials entering the workforce, the public pension system in advanced economies is simply not going to provide the safety net in retirement that it did for previous generations, according to a new report by the International Monetary Fund (IMF) entitled ‘Pension Shock’.
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IMF forecasts economic slowdown in Gulf region this year.
Economic activity across the six nations of the Gulf Cooperation Council (GCC) region is expected to slow sharply this year, according to the latest regional economic outlook from the International Monetary Fund (IMF).
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ANALYSIS: The US is riding to the rescue
There has been no shortage of doom and gloom despite the outbreak of something resembling summer in the United Kingdom this week.
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Saudi Arabia unveils reform plan to cut dependence on oil
The government of Saudi Arabia approved a new economic plan on Monday which will see the kingdom emerge as a major global investor and introduce a new visa system to allow expatriates to live in the country for extended periods.
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European nations agree new information sharing deal
Britain, Germany, France, Italy and Spain have signed a deal to automatically share information on the ultimate owners of companies in the latest move to tackle the growing use of international financial centers to dodge taxes.
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IMF: Global growth “too slow for too long”
Global growth has been “too slow for too long”, according to the International Monetary Fund’s latest World Economic Outlook (WEO).
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IMF calls on Gulf nations to widen their tax base
The newly-reappointed head of the IMF has called on Gulf countries to re-engineer their tax systems and consider greater use of corporate income taxes, as well as property and excise taxes to bolster government revenues in the face of lower oil prices.
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Singapore signs up for IMF financial stability
Singapore’s financial regulator and central bank has said the country will participate in the International Monetary Fund’s Financial Sector Assessment Programme in 2013.
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IMF appoints Christine Lagarde to replace Strauss-Kahn
The IMF has appointed former lawyer and French finance minister Christine Lagarde as its new head.
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IMF head calls for new global currency
The head of the IMF has called for a new international currency to reduce dependency on the dollar.
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Report on Malta cites improvements, suggests further changes
Malta has made “strong progress” in adopting international standards, a new independent report says.