Vigilance a must in order to prepare for fiscal stress

Vigilance a must in order to prepare for fiscal stress

Paulo Medas, mission chief for Vietnam of the International Monetary Fund, spoke with VIR’s Thanh Tung about how the economy performed last year and will do for this year to hit desired growth.
PM meets with IMF Managing Director in Indonesia

PM meets with IMF Managing Director in Indonesia

Prime Minister Pham Minh Chinh met with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on the sidelines of the 43rd ASEAN Summit and Related Meetings in Jakarta, Indonesia, on September 4.
Why taking bold action is the right approach

Why taking bold action is the right approach

Given that Vietnam is a highly open economy, it is important to first understand the impact of the coronavirus on the world. The pandemic is a tragedy and has inflicted high and rising human costs worldwide.
PM requests achieving growth of over 5 per cent this year

PM requests achieving growth of over 5 per cent this year

Prime Minister Nguyen Xuan Phuc has requested striving for an economic growth of over 5 per cent and controlling inflation below 4 per cent this year.
IMF cuts 2019 global growth estimate to 3%, lowest since crisis

IMF cuts 2019 global growth estimate to 3%, lowest since crisis

The world economy is slowing to its weakest pace since the global financial crisis, amid continuing trade conflicts that have undercut business confidence and investment, the International Monetary Fund said Tuesday (Oct 15).
IMF forecasts Vietnam’s economy to grow by 6.5 percent in 2019

IMF forecasts Vietnam’s economy to grow by 6.5 percent in 2019

The International Monetary Fund (IMF) on July 16 said Vietnam’s economic growth is projected to slow to 6.5 percent in 2019 from a 10-year high of 7.1 percent in 2018, reflecting weakening external conditions.
Lagarde resigns as IMF chief, cites more clarity on ECB post

Lagarde resigns as IMF chief, cites more clarity on ECB post

International Monetary Fund chief Christine Lagarde announced on Tuesday (Jul 16) she had submitted her resignation from the global lender, saying she had more clarity about her nomination to be the next head of the European Central Bank.
IMF forced into leadership search early by Christine Lagarde exit

IMF forced into leadership search early by Christine Lagarde exit

The reshuffle of leadership positions in Europe now forces world finance officials into a search for a new manager for the International Monetary Fund two years ahead of schedule.
IMF board approves new Ukraine loan package, releases US$1.4b immediately

IMF board approves new Ukraine loan package, releases US$1.4b immediately

The International Monetary Fund executive board on Tuesday (Dec 18) gave final approval to a new loan package for Ukraine and released US$1.4 billion for immediate use.
Growth forecasts upbeat due to FDI

Growth forecasts upbeat due to FDI

The International Monetary Fund and Standard Chartered Bank are quite upbeat about Vietnam’s bright economic prospects, fuelled by a strong inflow of foreign direct investment.
IMF warns excess trade surpluses aggravate tensions

IMF warns excess trade surpluses aggravate tensions

As trade frictions mount among the world's major economies, the International Monetary Fund warned on Tuesday (Jul 24) that large trade surpluses in Germany and China together with the large US deficit could exacerbate that conflict.
IMF warns US fiscal, trade policies create risks to global economy

IMF warns US fiscal, trade policies create risks to global economy

President Donald Trump's aggressive trade policies, and expansive tax cut at a time when the US economy is growing, are creating risks that could damage the domestic and global economies, the International Monetary Fund warned on Thursday (Jun 14).
IMF unveils new corruption policy for member states

IMF unveils new corruption policy for member states

The stricter new policy also aims to tackle how rich countries contribute to corruption in the developing world by failing to prevent bribery and money laundering or by allowing anonymous corporate ownership.
IMF's Lagarde warns against harming trade, investment

IMF's Lagarde warns against harming trade, investment

IMF chief Christine Lagarde said escalating trade tensions could reverberate through the world economy, undermining confidence and choking off investment.
IMF warns of risks as central banks tighten

IMF warns of risks as central banks tighten

The International Monetary Fund urged central banks on Wednesday (Apr 18) to take a gradual and transparent approach to tightening monetary policy, warning that unexpected moves could shock the global economy.