Tag: IMF
Iraq to repay all $3.6B in arrears to IOCs by end of September: IMF
Iraq pays arrears to international oil companies BAGHDAD, July 14 (Reuters) – Iraq will repay all outstanding arrears to international oil companies by the end of September by increasing oil allocations to the firms, the head of the International Monetary Fund’s (IMF) Iraq mission said on Thursday. Arrears stood at $3.6 billion at the end of June, […]
IMF chief Lagarde calls for cuts to fossil fuels subsidies
End fossil fuels subsidies, price CO2 emissions: IMF head VIENNA, June 17 (Reuters) – The head of the International Monetary Fund on Friday urged countries to remove fossil fuel subsidies and launch schemes that put a price on carbon dioxide (CO2) emissions to curb rising emissions blamed for global warming. “The issue of climate change, […]
IMF says Canada needs fiscal support to counteract low oil prices
Canada coping well with low oil prices, but needs to pursue monetary policy mix WASHINGTON, June 13 (Reuters) – The International Monetary Fund said on Monday that Canada is coping well with low oil prices and weaker growth, but needs to pursue a fiscal and monetary policy mix that supports near-term output. In a statement following […]
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