Page 113 - Imf News Today

The IMF has warned that the private credit sector could heighten financial vulnerabilities due to its opaque nature.

The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borrowers, topped $2.1 trillion globally last year in assets and committed capital.

Wickremesinghes remarks come barely three weeks after the International Monetary Fund (IMF) said it has reached a staff-level agreement with Sri Lanka for the next phase that would enable it access to USD 337 million from the nearly USD 3 billion bailout approved in 2023 for the island nation.

LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP (EMGA) announces they have secured a US$50M facility senior debt facility from JICA, The Japan International Cooperation Agency. KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own. We are grateful to EMGA and JICA for their trust and support. The funds from JICA will be used to implement projects to s...

LONDON: Domestic shocks in emerging economies in the G20 are increasingly impacting growth in the rich world,...

ISLAMABAD: The size and duration of a new International Monetary Fund (IMF) loan programme will be determined by the...

Inflation for the current year, so projected the then finance minister Ishaq Dar in his 9 June 2023 budget speech,...

Caution comes after Bank of England launched review into risks posed by private equity

"The migration of this lending from regulated banks and more transparent public markets to the more opaque world of private credit creates potential risks."

The recent appreciation of the Kenya shilling has caused losses to some speculators