International development

Turkey received over $4.9 billion in net foreign direct investment (FDI) during the first half of 2017, with the European Union being the top investor again, Economy Ministry data released on Aug. 22 revealed.        
Foreign investment in Turkey decreased by 8 percent during the January-June period this year compared with the same period of 2016, it showed.        

The International Finance Corporation (IFC), a member of the World Bank Group, has said it is providing a $25 million loan to Nobel İlaç, a leading pharmaceutical company in Turkey and the country's only net exporter in the sector, to help meet the growing demand for innovative, affordable, and high-quality medicine in Turkey.

China's massive debt is on a "dangerous" path, raising the risk of a sharp slowdown in growth, the International Monetary Fund warned on Aug. 15, urging Beijing to speed up structural reforms.

The IMF, which has repeatedly warned China over its ballooning debt, said in a new report that the world's second largest economy must turn toward a sustainable growth path.

Serbia ranks first in a global greenfield foreign direct investment (FDI) performance index, produced by fDi Intelligence, the Financial Times' data division.

The index measures the appeal of countries as destinations for greenfield FDI relative to their GDP.

The International Monetary Fund (IMF) considers an early return by Greece to capital markets as counterproductive, according to reports from Washington.

Turkey attracted $1.17 billion in foreign direct investment (FDI) in May, the Turkish Economy Ministry announced on July 25.

According to a ministry report, foreign direct investment in Turkey amounted to $4.8 billion between January and May 2017, an increase of 11.2 percent compared to the same period in 2016.

The IMF told Greece on Wednesday that it was critical to keep up its drive on reforms in order to successfully conclude its bailout program and regain access to debt markets.

The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund's voting structure, IMF Managing Director Christine Lagarde said on July 24.

The International Monetary Fund (IMF) has hailed Turkey's 2017 economic growth thanks to a strong recovery in the country's exports in its updated World Economic Outlook, in which the fund kept its growth forecasts for the world economy unchanged for this year and next, although it revised up growth expectations for the euro zone and China.

BELGRADE - The recommendation of the Fiscal Council is that Serbia enter into another arrangement with the International Monetary Fund (IMF) to cement the good and, in some segments, excellent results achieved, says Fiscal Council member Nikola Altiparmakov.