The IMF reveals Britain’s shadow fiscal stimulus
The IMF Fiscal monitor reveals that George Osborne is borrowing money after all – but he’s not calling it stimulus spending, since it falls within his deficit reduction plan.
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Chancellor George Osborne agrees to lend the IMF an extra £10bn, despite backbench Conservative concerns.
The IMF Fiscal monitor reveals that George Osborne is borrowing money after all – but he’s not calling it stimulus spending, since it falls within his deficit reduction plan.
Gary Gibbon on the latest rumblings within the Conservative party about agreeing to increased IMF contributions.
The G20 leaders plus hangers-on are currently discussing a massive boost to the IMF’s lending resources as a back-stop confidence-building measure for markets nervous about just which economy will come close to default next.
If correct the UK economy will have grown more slowly in 2011 than 2010. The IMF’s forecast is well below the 1.7 per cent currently used by the government, writes Faisal Islam.
The International Monetary Fund says economic growth in Britain will be lower than expected this year and the government may have to delay its tax and spending plans.
Christine Lagarde is quite some diplomat. So Madame Lagarde has not quite been saying what Ed Balls has been saying she has been saying. But nor is she giving the ringing endorsement received from this organisation as recently as June.
The head of the International Monetary Fund warns that Britain must be ready to respond to the sluggish global recovery.
French judges order an investigation into the role of new IMF head Christine Lagarde for approving a compensation payout to a friend of President Nicolas Sarkozy when she was French finance minister.
Ahead of a crucial Eurozone meeting on Thursday, the International Monetary Fund has warned that Europe’s debt crisis could have a significant global impact if not resolved quickly.
Newly appointed IMF managing director Christine Lagarde calls for “national unity” in Greece to push through austerity measures, ahead of a parliamentary vote.
Chancellor George Osborne has called Christine Lagarde’s appointment to head the International Monetary Fund “good news for the global economy and for Britain”.
The International Monetary Fund was targeted by a sophisticated cyber attack earlier this year which infiltrated the intergovernmental group which overseas the global financial system.
The IMF endorses George Osborne’s plans for getting the UK economy back on its feet and expects to see “moderate growth” this year, despite the slowdown at the end of 2010.
French Finance Minister Christine Lagarde announces her candidature to replace Dominique Strauss-Kahn as IMF managing director – but she faces opposition from the developing economies.