He missed her courtesy call during her trip to Manila last November, but President Aquino made it up to International Monetary Fund (IMF) managing director Christine Lagarde on the sidelines of the World Economic Forum here.
The International Monetary Fund’s (IMF) recent warning that money laundering and other illegal finance-related activities could undermine a country’s financial system has made it urgent for Congress to pass the second round of amendments to the Anti-Money Money Laundering Act (AMLA).
The Philippines is the only country in the world for which the International Monetary Fund has upgraded its economic growth forecast for 2012, according to visiting IMF managing director Christine Lagarde.
It is the Philippines’ obligation to help countries in dire need of funding through the International Monetary Fund (IMF), Malacañang said on Thursday.
