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IMF says infrastructure, oil to push Uganda growth to 6-6.5 pct

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KAMPALA Uganda's economy will reach growth rates of between 6 and 6.5 percent within three to four years if energy and transportation infrastructure projects are completed and oil starts flowing, an International Monetary Fund official said on Wednesday.

Euro zone may release new loans to Greece, will struggle for IMF to join

BRUSSELS Euro zone finance ministers may agree on Monday to release new loans to Greece but are likely to struggle to convince the International Monetary Fund to join the bailout by keeping the prospect of debt relief for Athens highly conditional. | Video

Budget 2017, Business, 22 May 2017

Don't tighten fiscal policy too fast, IMF warns Saudis

DUBAI The International Monetary Fund warned Saudi Arabia on Wednesday not to tighten fiscal policy too fast, saying rapid cuts to the government's budget deficit could damage the economy.

Budget 2017, Business, 17 May 2017

IMF urges Germany to invest in infrastructure, raise wages

BERLIN Germany should use its rising tax revenues to invest in infrastructure projects that will enhance its growth potential, and encourage employers to raise wages to help lift euro zone inflation, the International Monetary Fund said on Monday.

Budget 2017, Business, 15 May 2017

IMF reaches staff level agreement for second loan instalment to Egypt

CAIRO The International Monetary Fund said on Friday it had reached a staff-level agreement with Egypt on a second loan instalment that would make available about $1.25 billion.

Budget 2017, Business, 12 May 2017

IMF, euro zone say need more time to reach Greek debt relief deal

BARI, Italy The International Monetary Fund and euro zone government lenders need more time to reach an agreement on debt relief for Greece because the euro zone is still not sufficiently clear in its intentions, IMF chief Christine Lagarde said on Friday.

Budget 2017, Business, Economy, 12 May 2017

IMF, euro zone say need more time to reach Greek debt relief deal

BARI, Italy The International Monetary Fund and euro zone government lenders need more time to reach an agreement on debt relief for Greece because the euro zone is still not sufficiently clear in its intentions, IMF chief Christine Lagarde said on Friday.

Budget 2017, Business, 12 May 2017

IMF says Asia facing risks from rise in protectionism

SINGAPORE The International Monetary Fund said Asia's economic outlook faces "significant" uncertainty and downside growth risks from any sudden tightening in global financial conditions or rise in protectionist trade policies.

IMF warns Asia to act early on rapidly-ageing population

TOKYO The International Monetary Fund called on Asian economies to learn from Japan's experience and act early to cope with rapidly ageing populations, warning that parts of the region risk "getting old before becoming rich."

World, Japan, 09 May 2017

IMF's Furusawa says premature for BOJ to withdraw stimulus

YOKOHAMA, Japan Japan's economy still needs support from ultra-loose monetary policy despite budding signs of recovery, a senior IMF official said, stressing that it was premature for the central bank to consider withdrawing stimulus any time soon.