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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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Oman’s Ministry of Information said on its website  that the Sultanate is considering reducing energy subsidies
January 2nd, 2014 - 03:55 GMT

Should the GCC's new year's resolution be throwing energy subsidies out the window?

Egypt's annual inflation rate increased to 12.9 percent in November (File Archive)
January 1st, 2014 - 05:00 GMT

What Egypt's 9 percent pound value plummet in 2013 means for 2014

These developments just keep us wondering, was this a year of unending economic challenges or opportunities?
December 31st, 2013 - 05:31 GMT

Egypt's top ten economic milestones in 2013

Beirut : Fire is seen at the site of a car bomb explosion that rocked central Beirut on December 27, 2013. [AFP]
December 27th, 2013 - 02:21 GMT

Lebanon bleeds again - Syria spills over into downtown killing six including Lebanon's ex minister

Bahrain diesel prices will gradually increase over the next five years, with prices set to double by 2017 (File Archive)
December 25th, 2013 - 05:00 GMT

Take a (price) hike! Bahrain to double diesel prices by 2017

The biggest challenge for GCC economies will be providing gainful and productive employment for their growing populations.
December 22nd, 2013 - 05:39 GMT

The dilemmas the GCC's economies must grapple with in 2014

The majority of MENA economies are expected to grow over the next year partially owing to higher oil production. (Image credit: Shutterstock)
December 16th, 2013 - 05:00 GMT

2014 a year of growth for MENA

Approximately 60-70 percent of the Saudi population does not participate in the labor force at all (Reuters)
December 4th, 2013 - 08:45 GMT

No work, all play: Will expanding private sector solve Saudi's unemployed youth problem?

Abu Dhabi's economy is surging due to growth in the oil and non-oil sectors. (Image credit: Shutterstock)
December 2nd, 2013 - 06:21 GMT

Dubai is not the fastest growing Emirate in the UAE

Zeidan called for public investment to stimulate the non-hydrocarbons sector, warning of the dangers of failing to diversify.
November 28th, 2013 - 03:55 GMT

The IMF's serious warning to Algeria

Qatar National Bank has given the government of Tunisia $500 million to tighten its budget deficit (Courtesy of Bloomberg)
November 24th, 2013 - 07:28 GMT

Will Qatar's $500 million loan help Tunisia solve its economic woes?

Once the inexperienced Muslim Brotherhood was out of the way, supporters of the coup expected the caretaker government to act immediately by expediting structural reforms necessary to relieve pressure on the deficit and free up the economy.
November 21st, 2013 - 03:55 GMT

Could the worse be over for Egypt's economy? All we can say is, nshallah!

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