IMF Projects Modest Growth in Greece From Washington

IMF Projects Modest Growth in Greece From Washington

Friday signaled the start of spring meetings for the International Monetary Fund (IMF) in Washington D.C. that’s primary focus will be Greece and its projections of modest growth. This comes after it was released last week that all of Europe, including Greece, saw significant increases in trade surplus this year in addition to the euro […]

IMF Says Tax Cuts Impair Economic Growth

IMF Says Tax Cuts Impair Economic Growth

The International Monetary Fund (IMF) says that growing inequality in world economy, mostly resulting from improper taxation and tax cuts to the wealthier, can impair long-term economic growth. The report issued on Thursday by the IMF with the title Fiscal Policy and Income Inequality claims that inequality and a lack of wealth redistribution within nations […]

IMF Hopes U.S. to Reconsider Funding Request Rejection

IMF Hopes U.S. to Reconsider Funding Request Rejection

The International Monetary Fund (IMF) is expecting the U.S. to reconsider its decision not to allocate the budget for IMF’s plans to reform the world’s financial markets. IMF’s Managing Director Christine Lagarde said she still hopes U.S. Congress can still approve the transfer of funds to the international organization so that IMF can help emerging […]