Pakistan economy to grow to 4.5% this year: IMF

The IMF on Friday forecast Pakistan's country's economy to increase to 4.5% this fiscal, citing macroeconomic stability, low global oil prices, planned improvements in the domestic energy supply and investment related to the China-Pak Economic Corridor.

Fed Crisis-Liquidity Function Reviewed for Potential Use by IMF

IMF member nations are discussing how to expand the lender’s mandate to include keeping markets liquid during a financial crisis, a role played by a group of major central banks led by the Federal Reserve in 2008.

China's central bank sees 'very low' risk of hard landing

(Reuters) - The chance of a hard landing for China's economy is very small in spite of worries about the country's real-estate sector, the chief economist of the People's Bank of China said on Saturday.

Germany needs ‘small miracle’ to avoid recession after exports fall by 5.8%

German exports suffered the biggest monthly fall in more than five and a half years in August, leaving Europe’s largest economy in need of “a small miracle” to avoid recession in the third quarter.

ESM's chief says EU, IMF in no mood for a Greek debt haircut

(Reuters) - Greece's international creditors have no appetite for considering a haircut as a way to lighten its debt load, the head of the European Stability Mechanism, the euro zone's bailout fund organization, told Greek Sunday newspaper Realnews.

Ghana to seek an IMF program to stabilize cedi

(Reuters) - Ghanaian President John Mahama has ordered his government to open talks with the International Monetary Fund on a program to help stabilize the economy and halt a slide in the cedi currency, officials said on Saturday.

IMF warns of potential risks to global growth

(Reuters) - Sharply higher interest rates around the world could combine with weaker growth in emerging markets to slice as much as 2 percentage points off global growth in the next five years, the International Monetary Fund said on Tuesday.

Euro zone has correct fiscal stance to cut debt, help growth: IMF

(Reuters) - The euro zone's fiscal stance strikes the right balance between reducing debt and bolstering demand, the International Monetary Fund said in a statement on Thursday.

Lagarde: Financial stability is central banks’ duty

SINTRA, Portugal—Central bankers around the world may have to take financial stability into greater account, in addition to their usual duties of keeping inflation low while maintaining close cooperation with each other, International Monetary Fund managing director Christine Lagarde said Sunday.

IMF Ukraine Aid Report Said Ready for Board Review Within Days

The International Monetary Fund’s executive board will receive within days a staff report detailing Ukraine’s proposed loan program, in an effort to approve emergency financing by early May, a board official said.

IMF warns Europe's banking system poses threat to global financial stability

The eurozone's creaking banking system poses a serious threat to global financial stability, according to the International Monetary Fund, which warned European leaders to accelerate plans to support weak banks and create a banking union.

IMF's Lagarde says can't do much about reform without U.S. support

(Reuters) - International Monetary Fund chief Christine Lagarde said on Sunday that there was not much she should could to push reform at her organization and give emerging economies a bigger say without the support of the United States.

Emerging Market Rebound Inevitable for FLS Paving Expansion

Investors who dumped their emerging-market assets this year ignored the economic reality on the ground, according to the chief executive officer of FLSmidth & Co. A/S, a Danish company that boasts the world’s biggest installed base of cement production lines used to build everything from roads in India to high-rise towers in Brazil.

Portugal Holds Local Elections as Deeper Spending Cuts Approach

Portugal holds local elections on Sunday, two weeks before the government hands in a budget proposal for 2014 that will include new spending cuts.

France signals shift to tax cuts in boost to business

France's Socialist government is hinting it may appease discontent at tax rises by putting more stress on spending cuts in its fight to control the budget and boost growth.

IMF raises Egypt 2013 CPI forecast to 10.9%, highest since 2010

DUBAI: Inflation in Egypt is expected to climb to 10.9 percent this year, the highest level since 2010, the International Monetary Fund said on Tuesday, more than it expected in April.

IMF Reaches Staff-Level Agreement with Samoa on Economic Recovery Program to be Supported under Rapid Credit Facility

A staff team from the International Monetary Fund (IMF) led by Yongzheng Yang visited Apia during March 13-22 to hold discussions on the recovery plans in the aftermath of the tropical cyclone Evan that caused many deaths and extensive damage to the country’s infrastructure and productive capacity.

Stocks Rise, Buoyed by Hopes for Stimulus

NEW YORK (TheStreet) -- U.S. stocks rose Friday as investors cheered the possibility that central banks would stand ready to coordinate a global liquidity boost if needed after the Greek elections.

Christine Lagarde says IMF needs less new funds than thought

WASHINGTON: International Monetary Fund chief Christine Lagarde said Wednesday that the Fund probably needs less new money for crisis intervention than the $500 billion earlier anticipated, crediting action by the eurozone for the change.

Greek economy to slump 5% this year: IOBE

ATHENS: Greece's most influential think tank projected the economy would contract by 5 percent this year, taking a more pessimistic view than the European Commission and the IMF and casting a cloud over government efforts to meet fiscal targets.