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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 »

Drilon bill: Money splendored thing

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IMF managing director Christine Lagarde, who according to reports is in the Asean region on a three-country swing, has this to say about good taxation: One, the tax must have a broad base and, two, it must only be a small rate.

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

Biz Buzz: When Lagarde met the ‘President’

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So President Aquino was down with the flu last week, leaving International Monetary Fund managing director Christine Lagarde no choice but to meet with Vice President Jejomar Binay instead.

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

Global interconnection has dark side, says Lagarde

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Christine Lagarde, the managing director of the International Monetary Fund, is in Manila for a two-day visit that concludes Friday as part of her tour of Asia.

Posted: November 16th, 2012 in Headlines | Read More »

Biz Buzz: Nagging foreign ownership problem

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The Securities and Exchange Commission has called for a public dialogue this Friday on a proposed compliance framework to address the Supreme Court’s ruling on the foreign equity in telecom giant Philippine Long Distance Telephone Co.—a ruling that also affects utilities and industries subject to the 40-percent constitutional cap on foreign ownership.

Posted: November 7th, 2012 in Headlines | Read More »

IMF chief coming to see how PH can help

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International Monetary Fund (IMF) chief Christine Lagarde reacts during a news conference at the IMF and World Bank's annual general assembly in Tokyo, Thursday, October 11, 2012. AP/Itsuo Inouye

International Monetary Fund (IMF) head Christine Lagarde will visit the country this month to discuss the role of emerging economies in helping resolve global economic woes.

Posted: November 4th, 2012 in Latest Business Stories | Read More »

IMF crisis-fund donors worry about Europe bailouts

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The International Monetary Fund wrapped up meetings here Saturday with its coffers to fight the eurozone crisis $430 billion richer.

Posted: April 22nd, 2012 in Latest Business Stories | Read More »

IMF chief cautiously upbeat on global economy

IMF chief Christine Lagarde said Sunday measures taken to fight financial woes in Europe and the United States were starting to pay off, in a cautiously upbeat assessment of the global economy.

Posted: March 18th, 2012 in Latest Business Stories | Read More »

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