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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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Egypt’s real GDP in FY 2013/2014 reached 2.2 percent, almost the same as in the preceding fiscal year.
October 14th, 2014 - 12:47 GMT

Accumulating optimism: Egypt GDP to grow 6% by 2018

The Central Bank chief also explained that he requested the IMF send a delegation to Lebanon "to evaluate the cost borne by the country as a result of receiving displaced Syrians."
October 13th, 2014 - 11:14 GMT

You have our blessings: IMF 'satisfied' with Lebanon's economic performance

The Europe-Iran Forum is being held at a politically sensitive moment as world powers try to reach a deal with Iran on its nuclear program before a Nov. 24 deadline.
October 9th, 2014 - 11:34 GMT

Sanctions face-off: Iran to unveil its corporate side in London next week

Arab economists, media and public intellectuals must highlight the role of fossil fuel subsidies as an inhibitor, not facilitator, of economic development in the Middle East.
October 7th, 2014 - 11:18 GMT

Theory vs. the Egyptian and Yemeni reality: is reforming fuel subsidies a legitimate tool for growth or an IMF farce?

The IMF has warned that Yemen's fiscal deficit would reach 9 percent of gross domestic product in 2014 and foreign reserves would decline to well below three months of imports in the absence of economic reforms.
October 7th, 2014 - 03:55 GMT

Yemeni govt deal with Houthi rebels 'in line' with IMF conditons

Al Bawaba
October 5th, 2014 - 07:38 GMT

Iraq strife could trigger higher oil prices - IMF’s Lagarde

Oil accounts for 95 percent of state revenue in Libya and 65 percent of the country's Gross Domestic Product (GDP)
September 28th, 2014 - 04:49 GMT

With $100 billion in foreign reserves: is Libya's central bank monopolizing the country's economic potential?

The deterioration of relations between Turkey and credit rating agencies will make life harder for both investors and the nation.
September 25th, 2014 - 03:55 GMT

Why Turkey's 'tense' relations with rating agencies is damaging

Al Bawaba
September 23rd, 2014 - 01:10 GMT

Expats mull returning home: Dubai housing prices rise to Manhattan-level peaks

The move has been a long time coming. Saudi authorities have slowly unrolled a plan to liberalise the market spanning a decade, and pursued a long- term reform agenda.
September 22nd, 2014 - 03:55 GMT

An impending frenzy? Liberalization of Saudi stock market to usher 'new era' in GCC investments

Abdel Nour said the government has begun taking concrete steps to address the current energy crisis in Egypt.
September 11th, 2014 - 09:49 GMT

Rekindling the fire: Egypt to consult with IMF about venues for mutual cooperation

The report also expects no near-term International Monetary Fund (IMF) engagement with Egypt.
September 10th, 2014 - 03:31 GMT

Despite the IMF's lack of involvement: GCC aid will be 'enough' to keep Egypt afloat, says Merril Lynch

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