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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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According to the International Monetary Fund, the rate of real (inflation-adjusted) world GDP growth averaged 3.7 percent in 2000-2010. (Shutterstock)
September 16th, 2018 - 06:50 GMT

Is the Global Economy Recovering Since 2008 Crisis?

The new law comes to “redistribute the tax burden and achieve justice among all groups of society. (Shutterstock)
September 12th, 2018 - 06:12 GMT

Jordan's New Income Tax Law Promises Little Change for Investors

PM Omar Razzaz (Twitter)
September 10th, 2018 - 06:57 GMT

Premier Omar Razzaz Promises Transparency, Fight Corruption in Jordan

Greece’s Prime Minister Alexis Tsipras (Twitter)
September 9th, 2018 - 09:28 GMT

Greek Premier Sees Light at End of Tunnel After Austerity

The total EU aid commitments to Egypt amount to over €1. 3bn in grants. (Shutterstock)
September 5th, 2018 - 11:04 GMT

EU Commits Over €113 Million to Egypt in 2018

Egyptian economy is safe from any economic fluctuations at the international level. (Shutterstock)
September 5th, 2018 - 08:35 GMT

Egypt Economic Reforms Spare it from Emerging Markets' Crises

Argentine government workers protest against layoffs in the capital, Buenos Aires, September 3, 2018. (AFP/FILE)
September 4th, 2018 - 09:00 GMT

Argentina Imposes 'Emergency' Austerity to Save Peso

Egypt’s stock market index gained 4.82 percent this week. (AFP)
September 3rd, 2018 - 09:49 GMT

Egypt's Stock Market Is the Best-Performer in the Region This Week

Cash withdrawls from ATM machines also rose more than 12 percent on a year earlier. (Shutterstock)
September 3rd, 2018 - 07:43 GMT

Improved Economic Outlook in Saudi Arabia

Banks are trimming branch numbers as consumers tilt towards online banking. (Shutterstock)
August 30th, 2018 - 08:55 GMT

Report: UAE Banks Laid off Over 600 Employees in 2017

Consumer prices rose by 2.2 percent year-on-year in July compared to 2.1 percent in June, an increase driven by increasing food prices, particularly vegetables. (Shutterstock)
August 29th, 2018 - 11:36 GMT

Rising Food Costs Push up Inflation Rate in Saudi Arabia

The Turkish lira has lost nearly half of its value over the last 12 months. (Shutterstock)
August 27th, 2018 - 10:46 GMT

The Economical Ramifications of Erdogan's Dictatorship

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