latest news Fri,Oct 20th,2017
left corner left corner
latest news
IMF
IMF
share to:
5
The International Monetary Fund (IMF) is an international organization that was created on July 22, 1944 at the Bretton Woods Conference and came into existence on December 27, 1945 when 29 countries signed the Articles of Agreement. It originally had 45 members. The IMF's stated goal was to stabilize exchange rates and assist the reconstruction of the world’s international payment system post-World War II. Countries contribute money to a pool through a quota system from which countries with payment imbalances can borrow funds temporarily. Through this activity and others such as surveillance of its members' economies and policies, the IMF works to improve the economies of its member countries. The IMF describes itself as “an organization of 188 countries (as of April 2012), working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty.” The organization's stated objectives are to promote international economic cooperation, international trade, employment, and exchange rate stability, including by making financial resources available to member countries to meet balance of payments needs. Its headquarters are in Washington, D.C.
1-10 of 3,367 results Page:1 2 3 4 5 NEXT >> 
  • (Xinhua)2017-10-19 09:39

    BEIJING - The third-quarter performance forecast reports from China's listed companies have beaten market expectations. As of Tuesday, more than 2,100 listed firms had disclosed their advance third-quarter financial reports, with 71.7 percent posting rising net profits or turning losses into gains, ...

  • (China Daily)2017-10-17 07:47

    Customers buy milk at a supermarket in Nanjing, East China's Jiangsu province. [Photo/VCG]THE INTERNATIONAL MONETARY FUND raised its forecast for China's economic growth this year to 6.8 percent on Wednesday. This is the fourth time this year the IMF has raised its forecast for China. Late last mont...

  • (Xinhua)2017-10-16 08:52

    WASHINGTON - Asia, the fastest-growing region in the world, has become much more resilient to weather financial storms with lessons learned from the Asian Financial Crisis 20 years ago, said a senior official at the International Monetary Fund (IMF). Lessons learned "Asian economies become much more...

  • (China Daily)2017-10-16 07:14

    WASHINGTON - Asia is much more able to weather financial storms with lessons learned from the region's financial crisis of 20 years ago, said a senior official at the International Monetary Fund. "Asian economies have become much more resilient because of the lessons we learned" from the Asian Finan...

  • (Xinhua)2017-10-15 09:06

    WASHINGTON - China has capacity and confidence to control systemic risks while maintaining steady growth, said Zhou Xiaochuan, governor of the People's Bank of China (PBOC) on Saturday."The Chinese government has the capacity and confidence to prevent systemic risks and maintain healthy and stable e...

  • (Xinhua)2017-10-14 10:23

    BEIJING — China's goods trade has had a "sound and steady" performance in the first three quarters of this year, mainly due to rising international demand and a strong Chinese economy. China's goods trade volume rose 16.6 percent to 20.29 trillion yuan ($3.08 trillion) in the first three quarters ...

  • (Xinhua)2017-10-14 10:12

    WASHINGTON — China's stable and healthy economic growth mainly stems from major progress in economic reform and the government's ability to maintain a stable macroeconomic policy, Chinese Vice Finance Minister Zhu Guangyao said Thursday. Zhu, who is attending the International Monetary Fund (IMF) ...

  • (Xinhua)2017-10-13 09:52

    WASHINGTON — World Bank President Jim Yong Kim said on Thursday that China's effort to help 800 million people out of poverty is historic. "This is one of the great stories in human history, frankly," said Kim in a press conference marking the start of the International Monetary Fund and World Ban...

  • (Xinhua)2017-10-13 09:43

    NEW YORK — Chinese economy could sustain current growth rate of over 6 percent for the foreseeable future, a US expert has said."The growth rate has come down from the previous eight or 10 percent, but that is still a very healthy rate and that should be the envy of any other country in the world,...

  • (China Daily)2017-10-13 07:58

    With the Chinese economy expanding steadily in the first two quarters, the International Monetary Fund has raised its forecast for the country's GDP growth for the year to 6.8 percent, up from its prediction of 6.7 percent in April. The adjustment, which came on Tuesday, coincided with the sanguine...

1-10 of 3,367 results Page:1 2 3 4 5 NEXT >> 
CHINA BUSINESS SEARCH