Tag «imf»

IMF Managing Director Christine Lagarde Names Changyong Rhee as Director of the Fund’s Asia and Pacific Department

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today named Mr. Changyong Rhee to the position of Director, Asia and Pacific Department. His appointment will become effective February 10, 2014. Mr. Rhee will succeed Mr. Anoop Singh, who announced his intention to retire last July. “Mr. Rhee brings together a wealth of public …

Fourteenth Jacques Polak Annual Research Conference on “Crises: Yesterday and Today” – Opening Remarks by David Lipton, First Deputy Managing Director, IMF

Washington, D.C., November 7, 2013 As prepared for delivery Good morning, ladies and gentlemen. I am delighted to welcome you to the IMF’s Fourteenth Jacques Polak Annual Research Conference. This conference has become a major international forum for researchers and policymakers to exchange ideas about the latest developments in the world economy. Our Research Department always …

IMF Deputy Managing Director Nemat Shafik Highlights the Strong Macroeconomic Performance of GCC Countries and Encourages Further Reforms

October 5, 2013 Nemat Shafik, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Riyadh, Saudi Arabia, with the finance ministers and central bank governors of the six-nation Gulf Cooperation Council (GCC):1 “I am grateful for the opportunity to meet with the finance …

IMF Sees Positive Outlook for Sub-Saharan Africa

May 10, 2013 The near-term outlook for Sub-Saharan Africa (SSA) remains broadly positive, with growth projected to accelerate modestly to around 5½ percent in 2013–14, following a year of strong growth in 2012, the International Monetary Fund (IMF) said today. In its May 2013 Regional Economic Outlook, Building Momentum in a Multi-Speed World, the IMF said that …

New Opportunities and New Risks: Prospects for Sub-Saharan Africa and Mozambique – David Lipton, First Deputy Managing Director, IMF

Universidade Politécnica, Maputo May 6, 2013 As prepared for delivery Good Morning. It is a great pleasure to be here today at Universidade Politécnica. I want to thank Dean Isabel Da Costa for her kind words of introduction. I am grateful for the opportunity to meet with you—the leaders of tomorrow who will shape Mozambique’s …

IMF Publishes Revised Guidelines for Foreign Exchange Reserve Management

The Executive Board of the International Monetary Fund (IMF) endorsed the Revised Guidelines for Foreign Exchange Reserve Management on February 13, 2013. Application of these guidelines should strengthen the international financial architecture, promote policies and practices that contribute to stability and transparency in the financial sector, and reduce the external vulnerabilities of member countries. The revision of …