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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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With Dubai’s property market booming, analysts warn that several signs of excesses, reminiscent of pre-crisis years, are returning to the market
July 10th, 2014 - 02:24 GMT

The Ramadan tradition lives on: Damac to offer luxury BMW with property purchases

Al Bawaba
July 9th, 2014 - 03:55 GMT

Worth every (billion) penny in debt: Mall of the World price revealed

Al Bawaba
July 7th, 2014 - 01:01 GMT

Subsidies and the Egyptian economy

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago,
July 7th, 2014 - 03:55 GMT

How much more can the country handle? Yemen's oil exports down 60%

Regarding President Abdel Fattah Al-Sisi’s plan to provide the market with citizen’s needs for oil and sugar produced by the army, she said this plan is “illogical in economic terms and impossible to implement.
July 3rd, 2014 - 01:32 GMT

Wasn't it the one pushing for removing subsidies in the first place? IMF says Egypt will not be able to control prices after lifting fuel subsidies

Al Bawaba
June 29th, 2014 - 12:18 GMT

How the ISIS is butchering Iraq's economic prospects

Despite efforts taken to stem the soaring prices in the emirate, evidence has indicated that property market is overheating.
June 26th, 2014 - 12:51 GMT

A truly confused and confusing market: Dubai's luxury property prices contract

Al Bawaba
June 22nd, 2014 - 01:23 GMT

Second thoughts? IMF updates its outlook for Bahrain

Al Bawaba
June 17th, 2014 - 10:41 GMT

A sign of desperation or rationality? Dubai mulls new fees to curb off-plan property sales

The Gulf state is also revising subsidies on electricity, water and petrol, currently sold at well below cost.
June 10th, 2014 - 08:34 GMT

Here comes the avalanche: Kuwait ends diesel subsidies over deficit fears

Growth has been so fast in recent years that any slowing of construction spending due to the loss of the World Cup might have little impact on the overall economy.
June 4th, 2014 - 02:55 GMT

Envisioning the possible: how much would Qatar's economy actually lose out on if it lost the World Cup?

Al Bawaba
June 3rd, 2014 - 04:37 GMT

The result of a 'muddle through' fiscal strategy'? Egypt's deficit projected to remain in double digits

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