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EconomyMacroeconomy![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF upgrades Greece’s GDP and unemployment rate estimates In its latest World Economic Outlook (WEO) published on Tuesday, the International Monetary Fund was upbeat in its estimates regarding Greece’s GDP and unemployment rate, upgrading its previous forecasts released on April 12.
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EconomyProgramme
After Article IV consultations IMF says challenges remain, substantial debt relief is needed Following the completion of the IMF mission visit to Athens on the Article IV consultation, the fund published on Friday afternoon its concluding statement with the preliminary findings.
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EconomyProgramme IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme The IMF published on Thursday afternoon a report on the key findings and lessons from the IMF’s engagement in the Irish and Portuguese programmes and the first Greek programme. The report, by the IMF’s Independent Evaluation Office (IEO), concludes with a number of recommendations on improving the IMF’s effectiveness in the future.
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Economy IMF sets out key priorities for Greece, including labour market flexibility In its staff report for the 2016 article IV consultation on euro area policies released on Friday, the International Monetary Fund highlighted labour market flexibility, strengthening competition and improving business environment as the key reform priorities for Greece.
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EconomyProgramme IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief Ahead of the Eurogroup meeting on Tuesday, the International Monetary Fund published its preliminary debt sustainability analysis (DSA), which was distributed to its Executive Board but was neither discussed nor approved.
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Economy
IMF sees 0.6 pct primary deficit in 2015, lowers debt forecast below 180 pct In its latest Fiscal Monitor report, the IMF refrained from providing its estimates on Greece’s public finances for 2016 onwards due to ongoing negotiations with the Greek government and the European partners.
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Economy IMF sees contraction of 0.6 pct this year before strong rebound in 2017 The International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday.
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EconomyProgramme
EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus Two separate draft documents for the conclusion of the ongoing review were published over the weekend in the Greek media that demonstrate broad convergence in the overall conditionality between the eurozone institutions and the International Monetary Fund on the key policy measures and actions.
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EconomyProgramme
Greek bailout talks yet to conclude as start of IMF meetings approaches Discussions between the Greek government and the mission chiefs continued over the weekend and will resume on Monday at 3pm with an agreement on the key issues of the first programme review remaining elusive over the past few days.
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EconomyProgramme
Greece expects review to be completed by May 1 despite IMF objections In a non-paper released on Thursday night, the Finance Ministry provided an update on the progress made so far in the first programme review.