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["description"]=>
string(1458) "The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards.
To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies.
The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries.
Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics."
["address_street"]=>
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["founding_date"]=>
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["title_en"]=>
string(57) "Petro Says He Will Renegotiate Colombia’s Debt With IMF"
["snippet_en"]=>
string(142) "President Gustavo Petro said on Thursday that he will negotiate to extend the terms of Colombia’s debt with the International Monetary Fund."
["url"]=>
string(93) "https://www.bnnbloomberg.ca/petro-says-he-will-renegotiate-colombia-s-debt-with-imf-1.2058161"
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["publication_date"]=>
string(10) "2024-04-01"
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[1]=>
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["title_en"]=>
string(121) "Debt sustainability Nigeria’s most significant challenge, investments need – Says Akabueze at IMF/World Bank meetings"
["snippet_en"]=>
string(174) "FG says debt sustainability is the most significant challenge it faces, adding that investment and increased trade are the “most important support it needs at this time.”"
["url"]=>
string(137) "https://newmail-ng.com/debt-sustainability-nigerias-most-significant-challenge-investments-need-says-akabueze-at-imf-world-bank-meetings/"
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["source"]=>
string(14) "newmail-ng.com"
["publication_date"]=>
string(10) "2024-04-01"
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string(18) "General Investment"
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string(5) "Debts"
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["title_en"]=>
string(33) "When did Türkiye's IMF debt end?"
["snippet_en"]=>
string(345) "It's always interesting to keep your finger on the pulse of the current economic situation. Especially in a geography like Turkey, where economic fluctuations are frequently experienced, basic indicators such as the expiry date of the IMF debt and the amount of foreign debt arouse the curiosity of many people. When did Türkiye's IMF debt end?"
["url"]=>
string(91) "https://www.yenibakis.com.tr/turkiye-imf-borcu-ne-zaman-bitti-turkiyenin-dis-borcu-ne-kadar"
["image_url"]=>
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string(10) "2024-03-28"
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string(60) "Chinese premier downplays economic risks as IMF urges reform"
["snippet_en"]=>
string(93) "Beijing seeks to avoid pro-market short-term growth despite property and local debt concerns."
["url"]=>
string(124) "https://www.freemalaysiatoday.com/category/business/2024/03/25/chinese-premier-downplays-economic-risks-as-imf-urges-reform/"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/e489eefa-92ca-4b88-ade5-1f1d2c713182"
["source"]=>
string(21) "freemalaysiatoday.com"
["publication_date"]=>
string(10) "2024-03-24"
["categories"]=>
array(3) {
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string(18) "China-US Relations"
[1]=>
string(19) "Economic Conditions"
[2]=>
string(5) "Debts"
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array(7) {
["title_en"]=>
string(61) "IMF Team in Ethiopia for Funding Talks as Debt Deadline Looms"
["snippet_en"]=>
string(124) "Ethiopia needs IMF deal to make progress on debt restructure. Creditors set a March 31 deadline for IMF program to be agreed"
["url"]=>
string(112) "https://www.bloomberg.com/news/articles/2024-03-21/imf-team-in-ethiopia-for-funding-talks-as-debt-deadline-looms"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/4a8b3c6b-01ae-42b2-8757-386503df950b"
["source"]=>
string(13) "bloomberg.com"
["publication_date"]=>
string(10) "2024-03-21"
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array(7) {
["title_en"]=>
string(74) "IMF Debt Scheme Triggers Spike in Carbon Emissions in Developing Countries"
["snippet_en"]=>
string(129) "The International Monetary Fund's debt scheme is considered to have triggered an increase in emissions from developing countries."
["url"]=>
string(110) "https://www.kompas.id/baca/english/2024/03/20/en-skema-hutang-imf-picu-lonjakan-emisi-karbon-negara-berkembang"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/22cdddf0-df26-4f2e-aba1-6487e268132e"
["source"]=>
string(9) "kompas.id"
["publication_date"]=>
string(10) "2024-03-20"
["categories"]=>
array(3) {
[0]=>
string(9) "Pollution"
[1]=>
string(13) "GHG Emissions"
[2]=>
string(5) "Debts"
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["title_en"]=>
string(65) "IMF’s McGettigan says EXPO investments in line with public debt"
["snippet_en"]=>
string(131) "MF mission chief Donal McGettigan said the public investments for the EXPO 2027 are high but in line with state of the public debt."
["url"]=>
string(95) "https://n1info.rs/english/news/imf-s-mcgettigan-says-expo-investments-in-line-with-public-debt/"
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string(10) "2024-03-13"
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["title_en"]=>
string(27) "Akhtar urges early IMF deal"
["snippet_en"]=>
string(72) "Calls public debt unsustainable which is at heart of economic challenges"
["url"]=>
string(64) "https://tribune.com.pk/story/2458021/akhtar-urges-early-imf-deal"
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string(10) "2024-03-01"
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string(101) "IMF: “Repay national debt through climate policy”... Encourage signing of ‘climate-debt swap’"
["snippet_en"]=>
string(684) "[Hans Economy = Reporter Shin Yeon-soo] The Vice President of the International Monetary Fund (IMF) said that ‘climate-debt swaps’ should be considered as a method of debt relief for Pacific island countries. This is because these countries' high debt makes traditional lending impossible. Reuters reported on the 27th (local time) that Deputy Governor Bo Li encouraged Pacific island countries to conclude a 'climate-to-debt swap'. A 'climate-to-debt swap' refers to policies and projects related to climate change response by debtor countries. A debt for which a creditor country forgives a certain portion of its existing debt on the condition that it fulfills the obligations."
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8227f-us-international-monetary-fund
International Monetary Fund
Location
District of Columbia
Founded
1947-02-28
Website
https://www.imf.org
Articles
1493 Articles
Category
Libraries
Description
The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards.
To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies.
The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries.
Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.
FG says debt sustainability is the most significant challenge it faces, adding that investment and increased trade are the “most important support it needs at this time.”
It's always interesting to keep your finger on the pulse of the current economic situation. Especially in a geography like Turkey, where economic fluctuations are frequently experienced, basic indicators such as the expiry date of the IMF debt and the amount of foreign debt arouse the curiosity of many people. When did Türkiye's IMF debt end?
[Hans Economy = Reporter Shin Yeon-soo] The Vice President of the International Monetary Fund (IMF) said that ‘climate-debt swaps’ should be considered as a method of debt relief for Pacific island countries. This is because these countries' high debt makes traditional lending impossible. Reuters reported on the 27th (local time) that Deputy Governor Bo Li encouraged Pacific island countries to conclude a 'climate-to-debt swap'. A 'climate-to-debt swap' refers to policies and projects related to climate change response by debtor countries. A debt for which a creditor country forgives a certain portion of its existing debt on the condition that it fulfills the obligations.
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