IMF set to hand Ukraine $15bn aid deal March 26, 2014 THE INTERNATIONAL Monetary Fund, led by Christine Lagarde, is expected to offer Ukraine an aid deal worth about $15bn (£9.05bn), the lower end of what the struggling interim government had asked for. The country’s state oil firm also announced plans to hike gas prices for consumers by 50 per cent in May.
IMF backs down from UK criticism as forecast hiked January 21, 2014 THE INTERNATIONAL Monetary Fund (IMF) has flipped its position on the UK economy, confirming a large positive revision to its forecast for this year’s economic growth. Having criticised chancellor George Osborne for “playing with fire” only eight months ago, IMF chief economist Olivier Blanchard said yesterday that the recent recovery is sustainable, explaining the IMF’s [...]