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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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A picture taken at the royal palace in Rabat shows Moroccan King Mohammed VI (first row C) and crown prince Moulay Hassan posing for a family picture of the new government led by moderate Islamist Prime Minister Abdelilah Benkirane. (AFP/Azzouz Boukallouch)
July 23rd, 2013 - 09:38 GMT

Moroccan cabinet loses five ministers

Home builders can generate profit margins of around 30 percent for properties costing from 600,000 pounds to 1.5 million pounds
July 23rd, 2013 - 07:08 GMT

Egypt upheaval rewards home builders as buyers shelter savings

Egypt’s finances worsened in the first five months of 2013
July 22nd, 2013 - 06:55 GMT

Gulfi cash still flowing down the Nile: Egypt receives $2 bn from Saudi

3Q quarter-on-quarter oil demand has risen by 1.1 million barrels per day (mbpd) on average
July 22nd, 2013 - 06:00 GMT

Seasonal crude rush: oil prices rise

Cyprus has agreed to cut its budget deficit to 2.4 percent of gross domestic product in 2016, from an estimated 5.9 percent this year
July 18th, 2013 - 12:55 GMT

IMF, EU inspectors start quizzing Cyprus on bailout

Growth in the world’s largest economy was trimmed by twotenths of a point to 1.7pc
July 10th, 2013 - 11:04 GMT

IMF cuts global growth forecast

Dubai night skyline (Source: Wikimedia Commons)
July 8th, 2013 - 06:52 GMT

New appointee at Emirates National Bank Dubai

Iradian estimates that the budget deficit could increase by 10 percent even if expenditures remained stable.
July 4th, 2013 - 05:08 GMT

Labor Pains: Lebanese economy suffering more contractions

Azadi Tower, Tehran (Source: Wikimedia/Nima Moghaddam)
July 3rd, 2013 - 09:36 GMT

Iran to send 6,000 laborers overseas

Zabeel Park, Dubai (Source: Wikimedia/Ranjit Laxman)
July 3rd, 2013 - 09:02 GMT

UAE's non-oil sector continues to grow strong

Empty tables are seen in a restaurant on the Beirut's corniche, with a sea view of the capital's landmark Pigeon's Rock, which was once crowded by tourists mainly from the Gulf states at this time of the year (Source: AFP/JOSEPH EID)
July 3rd, 2013 - 08:40 GMT

The Lebanese economy takes an unexpected nosedive

A woman works at a construction site in the Ethiopian capital Addis Ababa (Albawaba/J. Zach Hollo)
July 2nd, 2013 - 06:51 GMT

The UAE and Ethiopia: a love story of foreign direct investment

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