IMF Executive Board
Turkey becomes 20th highest voting power in IMF
Turkey's voting power in the International Monetary Fund (IMF) has increased from 0.61 to 0.95, making Turkey the 20th highest voting country as of Feb. 18, in line with the quota reforms of the organization, said the Treasury in a written statement on Feb. 22.
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EFSF board of directors reserves right to act upon Greece’s default
The Board of Directors of the European Financial Stability Facility (EFSF) decided on Friday to opt for a Reservation of Rights on EFSF loans to Greece, after the non-payment of Greece to the International Monetary Fund (IMF).
IMF Chief C. Lagarde is disappointed that Greece is out of euros (read statement)
Cash-starved Greece became the first developed nation to ever default on its international obligations by not making the repayment of a 1.55-bln-euro loan to the International Monetary Fund (IMF) on June 30.
IMF Chief C. Lagarde’s first concern is the stability of the euro
International Monetary Fund Chief Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement on Sunday:
“I have briefed the IMF Executive Board on the inconclusive outcome of recent discussions on Greece in Brussels. I shared my disappointment and underscored our commitment to continue to engage with the Greek authorities.
IMF mission to visit Belgrade April 29 - May 12
BELGRADE - A mission of the International Monetary Fund (IMF) will be visiting Belgrade from April 29 until May 12, as part of the first revision of a three-year precautionary Stand-By Arrangement (SBA), the office of the IMF resident representative for Serbia released on Monday.
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IMF: Serbia to use arrangement for new jobs and BDP increase
WASHINGTON - Serbia, as the Western Balkans' second largest economy, now has a window of opportunity to break from past policies and embark on a path to stabilise and reform its economy, states the IMF Survey posted on the official website of the financial institution.
Davenport: Arrangement with IMF good signal to investors
BELGRADE - Head of the EU Delegation to Serbia Michael Davenport has said that Serbia's new arrangement with the International Monetary Fund (IMF) is a good signal and a positive message to all potential investors and partners of Serbia.
IMF deal is vital for success of reforms
BELGRADE - Serbia is looking at an ambitious deficit reduction plan and a reform package that would not be possible without the International Monetary Fund (IMF), said Fiscal Council President Pavle Petrovic.
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Petrovic: IMF deal is vital for success of reforms
BELGRADE - Serbia is looking at an ambitious deficit reduction plan and a reform package that would not be possible without the International Monetary Fund (IMF), said Fiscal Council President Pavle Petrovic.
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"IMF will approve deal - but forget that money" - PM
"IMF will approve deal - but forget that money" - PM
BELGRADE -- Aleksandar Vucic says he expects the IMF Executive Board will grant Serbia a precautionary arrangement at its meeting on Monday.
"Anything but the approved arrangement, would be a major surprise and disappointment," the prime minister told Tanjug.