The International Monetary Fund approves another US$2 billion loan to Ireland.
Lebanon's banking association rejects a plan proposed by the government to secure emergency funding from the International Monetary Fund, saying they were not consulted and the plan will "further destroy confidence" in the country's financial system.
Sudanese Finance Minister Ibrahim el-Badawi says Prime Minister Abdalla Hamdok is to ask the World Bank for US$2 billion. Sudan has been unable to do business with either the World Bank or the International Monetary Fund because it is featured on the United States' State Sponsors of Terrorism list. The US Congress is unlikely to remove Sudan before next year, el-Badawi further announces, saying he has been told the process is complicated.
Ireland's parliament approved a controversial budget package at the behest of the International Monetary Fund, aimed at shoring up Ireland's banks while getting the country's budget deficit within European Union limits. [https:--www.cnbc.com-id-40544791- (CNBC)]date=August 2019
Stock markets rise significantly and bond prices fall around the world after investors are reassured by the European Union and International Monetary Fund’s nearly $1 trillion plan to avoid a European debt crisis.