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Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.
Israel sought a $1 billion IMF bridging loan for the Palestinian Authority earlier this year, but was turned down, an Israeli newspaper said Monday in a report.
Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain.
Around $7,422 of the state debt falls on each Kazakhstan citizen.
International Monetary Fund (IMF) in its World Economic Outlook report forecasts that the 2012 Kazakhstan’s real GDP growth will make up 5.9%, reaching 6% in 2013.
IMF representative linked the food prices increase in the Customs Union member-states with the global economic changes.
According to the IMF, a key task for Kazakhstan is a realistic revision of the banking sector.
According to him, if emerging nations don’t get prepared properly, the same thing may happen in 5 years’ time.
According to Mr. Marchenko, “a degree from a Kazakhstan’s university is enough to be a successful financier”.
Kazakhstan Prime-Minister Karim Massimov congratulated Christine Lagarde on her election to the International Monetary Fund.
According to him, “it is more or less obvious” that the job will go to French Financial Minister Christine Lagarde.
French Finance Minister Christine Lagarde is planning to visit China, India and Brasil to get their support for the elections to the top IMF post.
As per Marchenko, the chances are not very high, as major developing countries have not decided on a joint candidate for the position yet.
Karim Massimov tweeted about G8 summit and e-G8 forum.
The Minister said that the fact that Kazakhstan representative made it into the short-list of the IMF candidates is an achievement in itself.
Representatives of European countries have more chances to lead International Monetary Fund: Russian President's Assistant.
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