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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 »

PH economy to outperform in Asean

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Growth in Southeast Asia is expected to slump this year as the region struggles to keep up with the recovery of the rest of the continent, a new report by the International Monetary Fund (IMF) said.  PHOTO BY RICK ALBERTO

Growth in Southeast Asia is expected to slump this year as the region struggles to keep up with the recovery of the rest of the continent, a new report by the International Monetary Fund (IMF) said.

Posted: April 9th, 2014 in Editor's Pick,Headlines | Read More »

IMF offers Ukraine up to $18 billion in loans

A boy runs with a Russian national flag at the Crimean parliament in Simferopol, Crimea, Wednesday, March 26, 2014. AP

The International Monetary Fund says it will loan Ukraine’s fledgling government between $14 billion and $18 billion.

Posted: March 27th, 2014 in Latest Business Stories | Read More »

IMF, S&P raise PH growth forecasts

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PHILIPPINES-WEATHER-TYPHOON-UN

The International Monetary Fund (IMF) has raised its growth forecast for the Philippines for this year, supported by higher demand due to reconstruction-related efforts in Visayas.

Posted: March 27th, 2014 in Editor's Pick,Headlines | Read More »

IMF raises PH growth forecast to 6.5%

FILE PHOTO

The International Monetary Fund on Wednesday raised its 2014 economic growth forecast for the Philippines to 6.5 percent, up from its January projection of 6.3 percent, with typhoon reconstruction expected to boost the economy.

Posted: March 26th, 2014 in Latest Business Stories | Read More »

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