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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 direct linkages of European crisis to Gulf economies are relatively weak. But a decline in oil prices and the absence of European banks in the region’s loan syndication markets could affect financing of a number of projects in the region which could manifest in a slowdown
October 27th, 2011 - 08:09 GMT

Europe crisis threatens the Gulf

“In the long term the Arab Spring is good, but in the short and medium term its effect will be very negative,” said Iman Bibars, head of the Cairo-based Association for the Development and Enhancement of Women
October 24th, 2011 - 02:50 GMT

Arab world needs jobs, better governance, investment

The Arab Spring costs calculated by Geopolicity do not take into account losses to human life, infrastructure damage and business and foreign direct investment losses. It calculated the economic impact using the difference between the projected GDP for 2011 (published by the IMF in October 2010) and the GDP published in September 2011
October 24th, 2011 - 07:56 GMT

The Arab Spring Economic Report

One of the biggest concerns for foreign investors is the status of the Egyptian pound. If instability and economic stagnation weaken the currency against the dollar, the dollar value of companies' profits - and the dollar-value of investors' returns - also weakens
October 23rd, 2011 - 07:29 GMT

Regional investors braving uncertain climate to stick with Egypt

Bashir said that we need to broaden the tax base to tax those outside the tax system,". He also stressed that reducing government spending is needed along with seeking more revenue sources in order to adjust with the new economic reality
October 20th, 2011 - 02:34 GMT

Sudanese president promises no quick fixes to economic woes

Oil exporters were winners and oil imp­orters losers. Libya, Egypt and Syria have so far paid the highest price
October 16th, 2011 - 02:07 GMT

Rich banking on UAE in troubled times

Al Bawaba
October 12th, 2011 - 01:28 GMT

Gold fluctuates heavily; eyes are focused on Slovak Parliament

Egypt forecasts a budget deficit of 8.6 percent of gross domestic product in the financial year to June 2012
October 9th, 2011 - 02:42 GMT

Qatar gives Egypt $500m to help with budget

Al Bawaba
October 5th, 2011 - 08:03 GMT

Mideast, Asian economies to propel growth in oil industry

Among other precious metals, silver’s positive momentum weakened after reaching a high of $31.37 per ounce, to currently trade around $30.55
October 4th, 2011 - 08:22 GMT

Gold extends the gains recorded earlier

Arabs should know how and what sectors to invest in, in order to avoid losses they encountered during the 2008 global financial crisis
October 2nd, 2011 - 02:42 GMT

Economist sees opportunities for Arabs in US and Europe financial dilemma

About 66 percent of deposits in Lebanon are in foreign currencies, 90 percent of which are in U.S. dollars
September 29th, 2011 - 07:35 GMT

Lebanon is safe from EU crisis

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