IMF reforms not welcomed by all members
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Nearly a decade ago, the International Monetary Fund drew rebukes for prescribing drastic reforms during the Asian economic crisis that erupted in 1997. Today, the IMF is again battling controversy, with some saying its efforts to give more say to emerging economies are not enough.
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BRUSSELS, Oct 28 (IPS) - Developing countries have hit back at proposed   changes to the European Union's banana regime.
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The International Monetary Fund has cut its forecast for global growth next year slightly amid expectations that the US and Chinese economies will not expand as strongly as previously thought.
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Developing countries have criticised the IMF and World Bank for failing to give more decision-making power to smaller nations. Ministers from the Group of 24 (G24) developing countries made their statement
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Â· Conditional support excludes right to vetoÂ· PM also calls for reform of World Bank and IMF
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Divisions over the World Bank's  handling of corruption burst into the open on Monday ahead of a  vote on governance reforms likely to expose deep fault lines at  the bank's sister agency, the International Monetary Fund.
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Talks on rebalancing voting power in the International Monetary Fund start on Monday with some major emerging economies already complaining that an opening proposal fails to clearly spell out changes needed to give them more say in the institution.
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The International Monetary Fund&#39;s top policy-making group on Saturday failed to close divisions over debt relief for the world&#39;s poorest countries.
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Politics: 1 October 2004, Friday. Bulgaria's President Georgi Parvanov expressed his disapproval of the new reforms within the National Health and Security Insurance Fund (NHIF). Under some new regulations, ...
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Turbulence in world credit markets illustrates the dangers of globally-linked financial sectors and the need for the International Monetary Fund to sharpen its role as overseer of the world's financial system, IMF Managing Director Rodrigo Rato said on Thursday.
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This year the leaders of some of the worldâs most respected financial institutions  have been caught either unaware or uninformed about giant risks their companies took.
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France&#39;s decision to back a leading socialist to head the IMF brought mixed reactions at home on Sunday, while media reports suggested Italy and Poland might yet put forward competing candidates.
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Garment makers in poor countries have been dismayed over the upcoming abolition of trade quotas, but the outlook is not as bleak as many experts had thought.
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The annual meeting of World Bank and IMF failed to arrive at a consensus in giving more powers to developing countries in decision-making besides increasing aid flow for reducing poverty.
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Global finance chiefs on Saturday  called for a more broad-based effort to calm financial markets,  including tighter scrutiny by the International Monetary Fund  and other institutions of increasingly powerful state-owned  investment funds.
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The G24 group of developing nations demands a bigger say at the International Monetary Fund and World Bank.
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The International Monetary Fund says emerging economies will not be immune from a slowdown among wealthier nations.