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International Monetary Fund

International Monetary Fund latest

Argentina Won't Repay IMF Debt Until Recession Is Over
February 10th, 2020 - 09:38 GMT

Argentina Won't Repay IMF Debt Until Recession Is Over

Argentine Vice President Cristina Fernandez de Kirchner said the government will not pay “even half a cent” of its debt back to the International Monetary Fund before the country has exited recession. “The first thing we have to do in order to be able to pay is to exit the recession,” Fernandez de Kirchner said at a presentation of her book “Sinceramente” (Sincerely) at Havana’s international book fair. “If there ...
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The $4 billion IMF loan is expected to ease some of Egypt's economic woes. (Shutterstock)
August 2nd, 2016 - 06:00 GMT

Egypt’s external debt to hit $53.4B with new IMF loan

The Egyptian government is seeking a package of $4 billion a year over three years. (File photo)
August 1st, 2016 - 09:00 GMT

No preconditions on IMF loan, says Egypt

Egypt's central bank sub-governor Rania Al-Mashat. (AFP/File)
July 31st, 2016 - 11:00 GMT

Rania Al-Mashat to be new senior advisor to IMF

The letter between Jordan and the IMF paves the way for the $700 million Extended Fund programme. (File photo)
July 27th, 2016 - 07:00 GMT

Jordan signs $700m deal with IMF

The Middle East, along with Afghanistan and Pakistan, is set to see economic growth of 3.4 per cent this year and 3.3 per cent for 2017. (AFP/File)
July 21st, 2016 - 05:41 GMT

IMF predicts growth in Middle East but warns of Brexit impact on global economy

Yemen's Central Bank fell under Houthi control in March. (Nabanews.net)
July 4th, 2016 - 07:28 GMT

IMF, oil deals hampered by Houthi control of Central Bank: Yemeni PM

The Kingdom's credit rating by Moody's is currently  B1 stable.
June 29th, 2016 - 10:00 GMT

Jordan's new IMF program will give positive outlook on credit rating: Moody's

Fitch said it expects general government debt to rise to nearly 80 percent of GDP in 2016 from around 62 percent of GDP in 2015, well above the 'BBB' and 'BB' medians of around 40 percent. (File photo)
June 29th, 2016 - 05:00 GMT

Bahrain ratings suffer downgrade to junk status by Fitch

Jordanian police seen on patrol in Amman. (File photo)
June 23rd, 2016 - 09:00 GMT

Protesters in Jordan’s Madaba clash with police over unemployment

For Schlumberger, the deal follows more than a year of lackluster momentum in the side of the energy sector it services. (Schlumberger)
June 22nd, 2016 - 06:30 GMT

Egypt: Schlumberger secures $170M Zohr gas field contract

The report said that a number of reforms that were carried out in the middle of 2000s led to an increased growth rate in Egypt, but did not limit the soaring unemployment, nor did they provide increased economic opportunities to a large segment of Egyptians. (File photo)
June 19th, 2016 - 09:43 GMT

Egypt's economy has taken a backseat to politics: Report

The UAE is set to be the first GCC country to introduce VAT in 2018 and is expecting to generate around Dhs 10bn to Dhs 12bn in revenues in its first year of implementation. (Shutterstock)
June 19th, 2016 - 06:00 GMT

UAE lays out first phase of corporate VAT policy

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