IMF failing to agree on debt plan
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The International Monetary Fund appears to be unable to agree on a debt relief plan for the world's poorest nations.
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The world's economic powers, ending three days of meetings, insisted Sunday they are moving closer to a deal on debt relief for Iraq and poor nations even though an agreement has proved elusive.
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SINGAPORE -- The leaders of the World Bank and the International Monetary Fund, meeting here for a gathering of financial leaders, sharply rebuked the host government yesterday for barring the entry of 27 accredited members of antipoverty and environmental organizations. They accused Singapore of breaking an agreement to open its doors.
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Description: The world&#39;s economic leaders indicate support for the idea of forgiving the debt of the world&#39;s poorest countries.
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Rich nations failed to agree at meetings this weekend on a plan for canceling the debts the world&#39;s poorest countries owe to the World Bank and International Monetary Fund.
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GENEVA, Jul 18 (IPS) - Several developing countries said Wednesday they  will oppose a steep down payment being demanded from them in  market access commitments for industrial goods as proposed in a  compromise draft text to revive the troubled Doha trade  negotiations.
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The International Monetary Fund (IMF) says that the Jamaican authorities have succeeded in stabilising the economy and restoring market confidence - after last year&#39;s foreign currency instability - but warns that the huge public debt remains an area of ...
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British Chancellor of the Exchequer Gordon Brown appealed to IMF members to cancel up to 100 percent of the debt owed multilateral lending bodies by poor countries.
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The government wants the International Monetary Fund (IMF) to relax its strict fiscal policies to give countries like the Philippines greater access to loans and investments.
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The head of the International Monetary Fund has urged Argentina to agree soon to pay private lenders at least part of the $100 billion in debt the country stopped paying in January 2002.
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Save for the promise of a new plan by the year-end to resolve the long-pending issue of debt relief to poor countries, the International Monetary Fund-World Bank annual meetings have ended without any consensus on critical issues.
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Investors have ignored this country's promise for too long.
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The world's finance ministers and central bankers are paid to be careful souls. Even in the inner sanctum of the International Monetary Fund's annual meetings, many of them read their statements to each other ...
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The International Monetary Fund's  top policy-making group failed on Saturday to close divisions  over debt relief for the world's poorest countries.
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Business & money: Many have lost their homes after repayment pledge failed to avert repossession.
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The Argentine government said late Wednesday it has postponed a global plan to restructure the bulk of US$103 billion (euro78.35 billion) in default debt until mid-January, moving back a debt swap that was expected next week.
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The International Monetary Fund said on Thursday the third review of Argentina&#39;s $13 billion loan program was delayed but both sides were still talking.