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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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Al Bawaba
January 4th, 2016 - 02:00 GMT

Prepare for takeoff: lifted sanctions on Iran will turn up pressure on GCC aviation

The government decision to amend fuel prices would come into effect on January 15 (Image:FIle/Photo)
January 3rd, 2016 - 06:48 GMT

Cheap oil’s latest casualty: Oman follows suit with subsidy cuts

Analyst expect the GCC sovereigns to seek to raise at least $15 billion in the international market next year. (File photo)
December 21st, 2015 - 06:06 GMT

Bridging the gap: GCC needs $265B to cover 2016 deficit

Al Bawaba
December 9th, 2015 - 05:22 GMT

Bi-annual GCC summit kicks off in Riyadh amid tight security

Oil, gas, banking and financial sectors havewitness a steady decline in hiring activity due to falling oil prices. (File photo)
December 7th, 2015 - 11:17 GMT

Caution is the name of the hiring game in the UAE

Al Bawaba
December 6th, 2015 - 10:19 GMT

Egypt's newest parliamentarians have a head for business

Al Bawaba
December 3rd, 2015 - 11:45 GMT

Industry leaders converge on Bahrain for the 2015 World Islamic Banking Conference

Oil-dependent Kuwait has suffered from the 17 months of declining oil prices. (Al Bawaba/File)
November 30th, 2015 - 12:55 GMT

Kuwait replaces oil minister amidst falling prices

Al Bawaba
November 24th, 2015 - 09:37 GMT

Iran's economy will outperform MENA once sanctions are lifted: IIF report

Though GCC governments depend heavily on oil revenue, declining oil prices are pressuring them to diversify their sources of revenue. (Al Bawaba/File)
November 24th, 2015 - 12:03 GMT

Building strain of falling oil prices may accelerate GCC reforms

Al Bawaba
November 17th, 2015 - 11:00 GMT

MENA looks to private sector to address expected surge in youth unemployment

Al Bawaba
November 16th, 2015 - 11:22 GMT

G20: IMF chief highlights potential for growth in Islamic financing

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