Christine Lagarde resigns as head of IMF
From BBC Christine Lagarde has said she will step down as managing director of the International Monetary Fund (IMF). It comes ahead of a decision on her nomination to become head of the European Central Bank (ECB). Ms Lagarde said…
Argentina receives the largest loan package ever from the IMF At $57.1 billion
From WN Argentina received the biggest loan package ever from the International Monetary Fund on Wednesday to help restore the country’s financial systems with $57.1 billion which will be distributed over the next three years, according to The Guardian. Argentina…
Statement by IMF Managing Director Christine Lagarde on Barbados
From IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund, made following statement today: “As announced by Prime Minister Mottley earlier today, the Barbados economy has been going through significant challenges for some years. The authorities are developing…
Jamaica: Caribbean officials descend on Kingston for high-level IMF meeting
From Nation Wide Radio JM More than 300 officials are expected in Jamaica for the sixth International Monetary Fund (IMF) High-Level Caribbean Forum which is slated for Thursday, November 16 at The Jamaica Pegasus hotel in New Kingston. Among the…
Caribbean church leaders campaign for debt relief after hurricanes
From Catholic News Service Caribbean church leaders campaign for debt relief after hurricanes In the wake of one of the most disastrous hurricane seasons in history, the proposal to cancel or restructure debts for small islands has gained new traction,…
IMF chief found guilty in Paris trial
By LK Hewlett WINN From Caribbean News Now PARIS, France (WINN) — Managing director of the International Monetary Fund (IMF) Christine Lagarde was found guilty of negligence with public money in a French court on Monday in connection with an…
IMF Chief Lagarde goes on trial
By LK Hewlett WINN From Caribbean News Now PARIS, France (WINN) — The first female managing director of the International Monetary Fund (IMF), Christine Lagarde, went on trial on Monday in a French court for alleged misuse of public funds….
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Sanders: Banking: Is the US making a stick to beat its own back?
By Sir Ronald Sanders From Kaieteur News Caribbean governments have rightly focused on the severe consequences for their countries of the withdrawal of correspondent banking relations from regional banks by international banks, particularly those located in the US. But there…
IMF praises Eastern Caribbean for tackling correspondent banking issues
By Ivan Cairo From Caribbean News Now WASHINGTON, USA — As the International Monetary Fund (IMF) wrapped up its annual meeting in Washington, DC, this weekend, managing director Christine Lagarde praised the Eastern Caribbean on its effort to address problems…
IMF helps in sustainable growth of the Caribbean
From The Antigua Observer WASHINGTON (CMC) – Seven years after the onset of the global financial crisis, the International Monetary Fund (IMF) says it has been helping Caribbean and other countries move from stabilization to sustainable growth. In her foreword…
