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Tag Archives: IMF

IMF offers free medical services to 600

Kampala, Uganda | THE INDEPENDENT | Over 600 residents of Banda a Kampala suburb received free medical treatment and services for different health challenges courtesy of the International Medical Foundation (IMF), a charity organization under the International Medical Group. The all-day fair conducted in partnership with Apar Foundation, Uganda Sickle …

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IMF warns of ‘somewhat’ greater global financial risk

New York, United States | AFP | Risks to the global financial system have risen somewhat in recent months as some emerging markets have struggled and trade war tensions have persisted, the International Monetary Fund warned Tuesday. The IMF, in its twice annual assessment of global financial stability, said conditions …

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US-China trade war sparks IMF global growth cut warning

Bali, Indonesia | AFP | The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that “everyone is going to suffer” from a clash between the world’s two biggest economies. At a meeting on the Indonesian …

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IMF unveils new corruption policy for member states

Washington, United States | AFP | The International Monetary Fund will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched on Sunday. The stricter new policy also aims to tackle how rich countries contribute to corruption in the developing world by failing …

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IMF’s Lagarde warns against harming trade, investment

Washington, United States | AFP | With US-China frictions hanging over its annual meeting, the International Monetary Fund on Thursday warned governments to avoid harming trade and investment which have been key drivers of the global economic recovery. IMF chief Christine Lagarde said escalating trade tensions could reverberate through the world …

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IMF chief speaks out on digital currencies

Washington, US | THE INDEPENDENT | The International Monetary Fund is seeking a leading role in rallying the world’s central banks to get ahead of digital money and crypto currencies in the global financial system. The IMF Managing Director, Christine Lagarde, wants authorities to “distinguish between real threats and needless …

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World Bank fund for poorest countries issues $1.5 bn bond

Washington, United States | AFP | The World Bank fund dedicated to helping the world’s poorest countries on Tuesday announced it has raised $1.5 billion in its first-ever global bond issue, which enjoyed huge demand from investors. The International Development Association (IDA) issued a five-year AAA-rated bond which had nearly …

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