Nepal eligible for assistance fromIMF's new Catastrophe Containment and Relief Trust.

Lagarde says that the UK's economic strategy is 'clearly delivering results'.

Rato suspected fraud and money laundering regarding his personal wealth.

IMF says government spending is likely to be higher over the next five years than implied in the chancellor's Budget.

Recent shifts in exchange rates should help the global economy, boosting Japan and Europe in particular.

Athens has been in talks with its eurozone partners and IMF on package of reforms for receiving further aid.

IMF says due diligence efforts in Athens and talks with teams in Brussels to resume on 6 April.

Greek deputy finance minister Dimitris Mardas says Athens will pay roughly €450m it owes the IMF on time.

Athens has tabled a plan to tackle tax evasion and corruption, and pledges to pay the IMF on time.

Member countries could ink better agreements about fiscal policy if Greece decides to leave single currency, according to Berkshire Hathaway CEO.

Fate of application uncertain as Taiwan does not have diplomatic relations with China.

As of 27 March, there are 37 countries and regions that have applied to become founding members of AIIB.

Signing parties of memorandum of preparation for AIIB have unanimously agreed to set up AIIB's headquarters in Beijing.

Austria has decided to participate in the AIIB after cabinet meeting, Xinhua news agency reports.

Japanese Finance Minister provided cautious outlook about cooperation between China-led AIIB and ADB that is dominated by Japan and US.

China-led initiative has been widely expected to rival other international finance institutions.

The Indian economy is expected to more than double in size by 2019, compared to 2009, says the IMF managing director.

China, the world's second largest economy and India, the third largest in Asia, are two important growth drivers in the world.

Antediluvian economic doctrines of Germany have caused unnecessary social harm to Greece, Ireland, Spain, Italy, and Portugal.

Eurozone finance ministers agree in principle to extend Greece's financial rescue package by four months, if Greece keeps austerity policies.

Greece will submit a list of potential economic reforms by 23 February for review

Prosecutor asks French court for acquittal of ex-IMF chief Strauss-Kahn on pimping charges

Talks between Greece and euro zone finance ministers over the country's debt broke down on 16 February when Athens rejected a proposal to request a six-month extension of its international bailout as "unacceptable".

The criminal case against ex-International Monetary Fund chief Dominique Strauss-Kahn is on the verge of collapse after four sex workers dropped their complaints against him on Monday.

New deal will replace $17bn loan programme announced by IMF in April, of which $4.5bn has been disbursed already.

A former prostitute has said Strauss-Kahn insisted on having anal sex with her at an orgy.

Former IMF chief rebuts pimping allegations at French trial.

Greece's economy remained heavily in focus on Thursday (February 5) after the country's finance ministry said its banking system was protected through its access to emergency liquidity assistance (ELA) available from the domestic central bank, after the European Central Bank (ECB) said it would stop accepting Greek bonds in exchange for funding.

The Athens Stock Exchange noted gains of 5.6 percentage points on its general index shortly after opening on Monday (February 2) amid expectations that there will be no rupture between the government and lenders.

If convicted, he could face up to 10 years in prison and a fine of €1.5m.