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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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Over the course of 2020-23, IMF projects Qatar’s real GDP growth of about 2.7% annually. (Shutterstock)
November 19th, 2018 - 10:05 GMT

IMF Approves Qatar's Fiscal Policy

Jordan’s Prime Minister Omar al Razzaz said on Sunday the kingdom will pay a heavy price if parliament fails to approve new IMF-backed tax legislation. (AFP)
November 19th, 2018 - 06:51 GMT

Will Jordan Vote in Favour of New IMF-Backed Tax Law?

The bigger chunk of the increase, $13.2 billion, is the result of an increase in debt-servicing costs over the past year, including paid installments of $11.1 billion and interest payments of $2.1 billion. (Shutterstock)
November 5th, 2018 - 08:30 GMT

Egypt's Foreign Debt to Reach $98.863 Billion by End of Fiscal Year

Egypt has imposed harsh austerity measures to try to right the economy and reduce the budget deficit. (Shutterstock)
November 4th, 2018 - 02:55 GMT

Egypt Strikes Right Chord With IMF on Next $2 Billion Loan Payment

The IMF said the Iranian economy was now expected to contract over the next two years "on account of reduced oil production, before returning to modest positive growth in 2020–23". (Shutterstock)
October 10th, 2018 - 05:40 GMT

IMF Forecasts Iran's Economy to Shrink by 3.6 Percent in 2019 Due to US Sanctions

Erdogan added Turkey is “far from needing” a loan or technical assistance from the IMF. (Shutterstock)
October 9th, 2018 - 05:08 GMT

Turkey Rules out Any Assistance From IMF

The challenges that Turkey faces will require a comprehensive policy package comprising monetary, fiscal, quasi-fiscal, and financial sector policies. (Shutterstock)
October 9th, 2018 - 04:55 GMT

IMF Urges Turkey to Take Drastic Measures to Fix Economy

With oil production and government spending set to rise, overall growth is projected to strengthen to 2.9 per cent this year and 3.7 per cent next year. (Shutterstock)
October 2nd, 2018 - 05:22 GMT

IMF Optimistic Over UAE's Growth Outlook Citing High Oil Prices

In exchange for issuing the $12bn loan program, Egypt devalued its currency in November last year and cut down on state subsidies. (Shutterstock)
September 26th, 2018 - 07:47 GMT

IMF's $12 Billion Fund Ranks Egypt's Economic Growth Highest in Middle East

The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)
September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Predictions of Lebanon’s economic demise are not new. (AFP)
September 17th, 2018 - 08:20 GMT

Lebanon Desperate to Rationalize the Dire Economic Reality

In the report issued by the United Nations Development Program (UNDP), Oman has progressed four places, to be ranked 48th worldwide from its last year’s position of 52.
September 17th, 2018 - 06:18 GMT

Human Development Index 2018 Ranks Oman 5th in Arab World

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