International development
Foreign investment inflow to Turkey reaches $457 million in February
Turkey received $457 million in foreign direct investment in February, the Economy Ministry stated in a report on April 24.
Foreign investment in Turkey reached $1.059 billion in the first two months of this year, down by 34.3 percent compared with the same period last year.
IMF: Improvement of Serbia's economy very encouraging
WASHINGTON - The positive marks Serbia has received for visible economic improvement are very encouraging, International Monetary Fund (IMF) delegation head James Roaf said at a meeting with Serbian Finance Minister Dusan Vujovic in Washington Friday.
International Monetary Fund Increases Expectaions on Bulgarian Economy
International Monetary Fund (IMF) has published a report on global economic perspectives, quoted by BNR.
The document's authors foresee for Bulgaria a GDP growth of 2.9% in 2017 and a slowing to 2.7% in 2018.
Germany pushes plan to boost private investment in Africa
Narrowing the gap between rich and poor is key to avoiding a destructive rise in populism, German Finance Minister Wolfgang Schaeuble said on April 22 as he laid out a plan to boost private investment in Africa.
IMF Communications Director Rice denies reports Fund is split on approach to Greek issue
The Director of the International Monetary Fund’s (IMF) Communications Department, Gerry Rice denied a New York Times report according to which the Fund disagreed on how to approach the Greek issue. Following the end of the IMF’s press briefing, Mr.
IMF admits to misjudging economic performance
As the government hailed official figures putting last year's budget surplus eight times the size of the target set by Greece's international creditors, a key International Monetary Fund official on Friday conceded that the organization underestimated the resilience of the Greek economy once again.
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Vujovic to attend Spring Meetings of World Bank Group, IMF
BELGRADE - Serbian Finance Minister Dusan Vujovic will this week attend the 2017 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, his ministry announced Tuesday.
The meetings, officially slated for April 20-23, will bring together central bank governors, finance ministers and representatives of major financial institutions.
Greek PM Alexis Tsipras calls on creditors to stop punishing Greece in WSJ article
In an opinion article published in the Wall Street Journal, Greek PM Alexis Tsipras called on the country’s creditors to stop blocking the return of economic growth in Greece. The PM criticised both the IMF and Greece’s European creditors stressing they should both end “punitive policies of the past”. Following is the Greek PM’s article in the WSJ:
IMF confirms 3 pct growth forecast for Serbia
WASHINGTON - The International Monetary Fund (IMF) on Tuesday confirmed a 3 pct growth forecast for Serbia for 2017, with 3.5 pct growth predicted for next year.
The IMF published its latest World Economic Outlook during the 2017 Spring Meetings with the World Bank Group.
Tanjug file photo, Z. Zestic
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Worries over Trump policies cloud start of IMF, World Bank meetings
World finance leaders have gathered on U.S. President Donald Trump's home turf on April 20 to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration.