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Egypt Clears One Hurdle for IMF Review, Faces Other on Currency - Vimarsana News

Egypt Clears One Hurdle for IMF Review, Faces Other on Currency

(Bloomberg) -- Egypt has removed one key concern that’s held up a review of a $3 billion rescue program with the International Monetary Fund, according to people familiar with the matter, even as impending presidential elections make it difficult to satisfy the crucial demand of a weaker currency.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Len

Source: yahoo.com
Bill discounting: still no trust in the Rupee? - BR Research - Vimarsana News

Bill discounting: still no trust in the Rupee? - BR Research

It seemed that the tough times were over. Just two months ago, foreign bill discounting transactions at commercial...

Tunisia Needs Real Reform To Break A Ruinous Economic Cycle - Vimarsana News

Tunisia Needs Real Reform To Break A Ruinous Economic Cycle

The European Commission has committed €100 million to support Tunisia in the effort against migration, with an affectional €900 million in funding for the country. But how does the agreement expect to find success with a formula that has long held a reputation of failure?

IMF approves $7.5 billion for Argentina despite poor progress - Vimarsana News

IMF approves $7.5 billion for Argentina despite poor progress

The International Monetary Fund's (IMF) executive board has approved a $7.5 billion disbursement for Argentina despite Buenos Aires missing key financial targets as it grapples with a prolonged economic crisis, the IMF said Wednesday."Since completion of the fourth review, key program targets were missed reflecting the historic drought along with policy slippages," the IMF announced in a statement. 

Source: yahoo.com
IMF approves $7.5 billion disbursement to Argentina: economy minister's office - Vimarsana News

IMF approves $7.5 billion disbursement to Argentina: economy minister's office

The International Monetary Fund's (IMF) executive board has approved a $7.5 billion disbursement for Argentina, a spokesperson for economy minister Sergio Massa told AFP Wednesday, as the South American country grapples with a prolonged economic crisis."The IMF Board of Directors approved the disbursement of $7.5 billion," the spokesperson for Massa, who is also running for president of Argentina, told AFP in a message on Wednesday. 

Source: yahoo.com