Greece accepts role of IMF in third bailout

Greece accepts role of IMF in third bailout

(VOVworld) - Greece has 'fully accepted' that the IMF will take a role in its third bailout programme, according to the Eurogroup chief Jeroen Dijsselbloem. Athens had previously claimed the Fund...
Chinese Yuan granted reserve-currency status

Chinese Yuan granted reserve-currency status

(VOVworld) – The International Monetary Fund has decided to include the Chinese Yuan in the Special Drawing Rights basket (SDR). The Yuan has become the 5th currency in SDR together with the US dollar,...
G20 summit releases joint statement

G20 summit releases joint statement

(VOVworld) - The heads of the G20 nations are committed to stepping up efforts to achieve strong, sustainable, and balanced growth, according to a joint statement released Monday after a two-day...
IMF won’t join Greece bailout

IMF won’t join Greece bailout

(VOVworld) – The IMF will not join a new bailout program for Greece until conditions for debt sustainability, including debt relief and economic reforms, are clearly assured, an IMF official said...
SBV Governor receives IMF resident representatives

SBV Governor receives IMF resident representatives

(VOVworld) – The Governor of the State Bank of Vietnam (SBV), Nguyen Van Binh, received International Monetary Fund (IMF) Resident Representative for Vietnam, Sanjay Kalra, who is about to finish his official tenure in...
Greece submits request to IMF for new loan facility

Greece submits request to IMF for new loan facility

(VOVworld) - Greek finance minister Euclid Tsakalotos wrote in a letter to Christine Lagarde, the managing director of the IMF saying that Greece has formally submitted a request to the International Monetary Fund...
IMF promises concessional loan to poor nations

IMF promises concessional loan to poor nations

(VOVworld) – The International Monetary Fund (IMF) will expand access to all its concessional facilities by 50 percent, and offer more concessional financing to the poorest and most vulnerable countries in...
IMF receives loan extension request from Greece

IMF receives loan extension request from Greece

(VOVworld) – Eurozone finance ministers denied the last-minute proposal of Greek Prime Minister Alexis Tsipras to extend Greece’s bailout package during an urgent phone call Tuesday midnight
International creditors praise Greece's new proposal

International creditors praise Greece's new proposal

(VOVworld) – New proposals from Greece to resolve the debt crisis have been positively received by the three international creditors, the European Union (EU), the International Monetary Fund (IMF) and the European Central Bank (ECB...