IMF

IMF Chief, Christine Lagarde found guilty of negligence!!!!

19th December 2016

Christine Lagarde, the head of International Monetary Fund (IMF) has been found guilty of negligence in her handling of a fraud case. This ruling was made by a French court. According to a report by CNN, the court was made up of magistrates and members of parliament (special court). It further stated that Lagarde will […]

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World Bank and IMF Meets a Worthy Challenger!

1st April 2016

For many years the World Bank Group and IMF have enjoyed a monopoly in global development finance. Critics have always castigated the IMF and World Bank for having loans conditionalities focusing on liberalization of trade, finance and investment sectors. The two development banks have not been able to resolve economic problems in member countries. As […]

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