IMF: Myanmar politics setback for economy
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The ousting of Myanmar&#39;s prime minister bodes ill for the country&#39;s economic prospects, the International Monetary Fund cautioned Wednesday.
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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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Myanmar's junta leader on Tuesday accused western countries of using sanctions to derail the military's "road map" to democracy, as the regime prepares for a constitutional referendum.
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YANGON, Dec 12  : Standing behind a stack of second-hand shirts, street vendor Zaw Zaw represents one of the few functioning remnants of a Myanmar economy suffering from years of mismanagement, sanctions and a political shake-up.
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Myanmar is under huge pressure from its Asean (Association of South East Asian Nations) colleagues to reform its regime, Prime Minister Helen Clark said yesterday.
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Cambodia&#39;s economy will slow down significantly next year due to losses in the garment sector - the country&#39;s main economic engine - although gains in tourism may help offset the downward tumble, the World Bank said Tuesday.
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Another disheartening event has taken place in Myanmar (Burma). Prime Minister Khin Nyunt, No. 3 in the hierarchy of the military junta, was replaced with First Secretary Soe Win, a reputed protege of Than
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Myanmar&#39;s military junta has pledged to stick by its &quot;roadmap to democracy,&quot; but analysts said on Friday what little credibility the plan had has been shattered by the purge
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The leader of US Senate Republicans on Thursday warned Myanmar that the wider world, and its southeast Asian neighbors, were becoming increasingly &quot;outraged&quot; with its suppression of democracy.
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International Monetary Fund (IMF) managing director Rodrigo de Rato said that formidable challenges existed in South Africa&#39;s economy and that the country needed to increase its growth rate for unemployment to erode.
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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 ouster of Myanmar's prime minister,  architect of a tentative "roadmap to democracy," has dashed  faint hopes for an end to military rule and leaves Southeast  Asia's policy of constructive engagement in tatters.
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WASHINGTON  - The United States expressed deep concern for the welfare of Myanmar opposition leader Aung San Suu Kyi after her National League for Democracy said the military junta has restricted her access to a doctor and cut her personal security.
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The European Union is set to bolster sanctions against Myanmar after the military-ruled country failed to yield to EU demands before a weekend Europe-Asia summit that was clouded by the issue.
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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 International Monetary Fund (IMF) advised Seoul to utilize fiscal and monetary policies to stimulate its sluggish economy, lowering its expectations for economic growth for this year.
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BUENOS AIRES, Argentina  - Argentina's leftist  president called IMF head Rodrigo Rato an old-style "plantation  owner" for trying to force the South American country to  swallow free-market reforms as a condition for aid.