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IMF no longer forces ‘structural adjustment’ – chief

International Monetary Fund (IMF) Managing Director Christine Lagarde, accompanied by IMFC Chair and Singapore Finance Minister Tharman Shanmugaratnam, speaks during a news conference at World Bank Group-International Monetary Fund Spring Meetings in Washington, Saturday, April 12, 2014. AP

The International Monetary Fund has changed and no longer imposes tough “structural adjustment” programs as it did in poor countries two decades ago, IMF chief Christine Lagarde said Saturday.

Posted: April 13th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

IMF chief warns gov’ts against complacency

Visiting International Monetary Fund Managing Director Christine Legarde. AP

The crisis mood is gone, but that doesn’t mean you can slip back into your old ways—that’s the message from top international finance officials wrapping up the World Economic Forum here.

Posted: January 28th, 2013 in Latest Business Stories | Read More »

IMF tempers global outlook but upgrades that for PH

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IMF managing director Christine Lagarde: Tempered global outlook

The International Monetary Fund has tempered its outlook on the global economy for 2013, which the institution sees as a “make-or-break” year likely fraught with a fragile economic recovery and high uncertainties.

Posted: January 24th, 2013 in Latest Business Stories | Read More »

For IMF exec, Asia is key to 21st century economy

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IMF managing director Christine Lagarde: Tempered global outlook

Christine Lagarde, managing director of the International Monetary Fund (IMF), believed that Asia was the early bird that caught the worm.

Posted: November 25th, 2012 in Latest Business Stories | Read More »

IMF chief backs Asean economic integration

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Christine Lagarde, managing director of the International Monetary Fund (IMF), is supportive of the plan of Southeast Asian countries to integrate their economies starting 2015 as she expresses the belief that this will help the Philippines and its neighbors improve standards of living and trim poverty in the region.

Posted: November 19th, 2012 in Headlines | Read More »

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