IMF ‘carefully’ monitoring capital flows to Asia
The International Monetary Fund said Monday it is “carefully” monitoring massive capital flows into Asia and urged the region’s policymakers to guard against risks of overheating.
The International Monetary Fund said Monday it is “carefully” monitoring massive capital flows into Asia and urged the region’s policymakers to guard against risks of overheating.
Recently, the International Monetary Fund stated that developing countries such as the Philippines need to create more jobs to achieve a more inclusive growth—in the face of aging populations and globalization. This was highlighted in a report titled “Jobs and Growth: Analytical and Operational Considerations to the Fund.”
The International Monetary Fund has urged the Bangko Sentral ng Pilipinas to widen its regulatory scope and include parent conglomerates of banks to ensure the stability of the country’s banking sector.
The IMF painted a mixed picture for Asia’s top economies on Tuesday, trimming its Chinese growth forecasts but predicting Japan’s fiscal stimulus will help end years of stagnation and Indian growth will accelerate.
The International Monetary Fund has maintained its growth projection for the Philippines for this year and next, citing the favorable impact on the economy of the cheap cost of credit and a sustained rise in remittances.
The International Monetary Fund urged countries to reduce subsidies on energy, saying they worsen government’s fiscal positions and eventually create more advantages for the wealthy instead of the poor.
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.
The International Monetary Fund (IMF) has raised its 2013 growth forecast for the Philippines, citing robust consumer spending and rising domestic investments.
The Philippines is probably the only country for which the International Monetary Fund is upgrading its growth forecast for 2012, the IMF’s managing director Christine Lagarde announced at a Malacañang news briefing Thursday.
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.
IMF chief Christine Lagarde on Monday called on the United States to “address quickly” the budget mess facing the government, no matter who wins this week’s presidential election.
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.
