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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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"The GCC countries remain pillars of stability in the global oil market at a time when uncertainties are arising elsewhere."
October 6th, 2013 - 07:13 GMT

Not too stellar for the overachiever? GCC growth rates to hit 3.7% this year

Dubai’s property market prices collapsed by over 50 percent in 2009 after the global economic crisis
October 3rd, 2013 - 10:10 GMT

Was the transfer fee hike needed after all? Dubai house price rises ‘unsustainable,’ says report

“It (debt) will not restrain business in the region as debts are a part of a business, but it will definitely affect the confidence of the firms,” said Belindo.
September 29th, 2013 - 02:29 GMT

Can dubai's debt be eating away its successes?

A key economic report has rated Bahrain’s economy as the least competitive within the Gulf Cooperation Council (GCC).
September 29th, 2013 - 04:30 GMT

How Bahrain's politics is standing in the way of its economy

Kuwaiti energy analyst Kamil Harami sees the harm of shale production coming sooner for oil-producing Gulf Arab nations, along with Iraq.
September 25th, 2013 - 12:41 GMT

Should the Gulf be freaked out by the US shale boom?

 The debt comprises $10 billion from the UAE Central Bank, which is due to mature in February 2014 and $5 billion each from two state-owned banks in Abu Dhabi — National Bank of Abu Dhabi and Al Hilal Bank — maturing in November 2014.
September 25th, 2013 - 09:44 GMT

Dubai can take care of itself and won't be seeking more 'favors' from Abu Dhabi

Gabriela Ramos of the OECD said: “We cannot wait until political stability is achieved or the international financial crisis overcome.”
September 19th, 2013 - 06:43 GMT

Irony much? Arab Spring economies keen on private investments as way out of their troubles

This easier financing picture, coupled with market appetite for laggards and the high yields on Egyptian assets, has likely been the driving force behind recent market price action (Pictured: Egypt's stock exchange).
September 15th, 2013 - 12:38 GMT

It's been a while: how's Egypt's economy doing?

Lagarde refused to comment on the money that Egypt received from the Gulf Cooperation Council (GCC).
September 15th, 2013 - 07:46 GMT

Egypt to IMF: Thanks, but no thanks, the Gulf's got us covered

Doing just enough to prevent the eurozone from collapsing is not the same as setting the stage for sustainable growth.
September 15th, 2013 - 07:05 GMT

Is the EU about to spare us some contagion?

Prime real estate prices in Dubai have increased by 21.6 per cent over the past year, making it the second best performing market in the world.
August 26th, 2013 - 10:02 GMT

Bubble or Impeccable recovery? Dubai shares at five-year high!

The Egyptian minister has approved getting assistance from the International Monetary Fund’s experts to help the government through the transformation process.
August 25th, 2013 - 02:26 GMT

Changes in the Egyptian scene to reach its tax system

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