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Jihad Azour

Jihad Azour latest

The region has in recent years experienced a surge in portfolio and bank flows which, in many countries, helped finance external and fiscal deficits.
October 29th, 2019 - 10:53 GMT

IMF Calls for Structural Reforms in the Region to Promote Jobs Growth

The IMF has underscored the need to accelerate structural reforms—including improving the business environment and modernizing the regulatory framework—to stimulate private investment and foster job creation in a new report. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-c…","video_id":"cfa14622-73ab-415f-913f-905eb942a0b9","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Cities to Travel to in 2020"} The International Monetary Fund (IMF) has underscored the need to accelerate structural reforms—including improving the business environment and modernizing the regulatory framework—to stimulate private investment and foster job creation in a new ...
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The leaderless rallies have drawn people from around Lebanon furious at sectarian political leaders they see as plundering state resources for personal gain.
October 29th, 2019 - 09:30 GMT

Lebanon: Public Sector Workers Will Be Paid Despite the Revolution

The IMF had earlier revised down growth forecast for 2019 to 1.6 per cent from its previous forecast of 2.8 per cent.
October 28th, 2019 - 09:45 GMT

IMF: UAE GDP Projected to Grow at 2.5 Percent Due to Non-Oil Sector

IMF Executive Board announced the completion of the second review of the country’s economy
October 20th, 2019 - 07:30 GMT

IMF: Relations With Jordan Is “Very Deep”, Reform Agenda Is Progressing

The economy in Lebanon is growing slowly at a rate of 2 to 2-1/2 percent. (Shutterstock)
May 6th, 2018 - 10:11 GMT

Lebanon Must Counter 'Unsustainable' Fiscal Deficit: IMF

The UAE is firmly on course to be one of the best performers among other regional economies over the next five years. (Pixabay)
January 3rd, 2018 - 11:40 GMT

Trade, Tourism Main Drivers of UAE’s Growth Over Next 5 Years: Analysts

A sharp surge in basic and non-basic commodity prices began right after the flotation of the Egyptian pound in November. (File photo)
May 11th, 2017 - 11:12 GMT

Egypt's Inflation at Record-High Levels and Pound Flotation Is Only Making Things Worse

People walk past the sign of the BLOM Bank in Beirut, a day after a bomb blast hit its headquarters in Verdun. (AFP/Patrick Baz)
June 14th, 2016 - 10:00 GMT

Beirut bombing tests the mettle of Lebanon's banking sector

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

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

From right, Social Affairs Minister Wael Abu Faour, Agriculture Minister Hussein Hajj Hasan and Tourism Minister Fadi Abboud attend a Cabinet meeting at the Grand Serail in Beirut,
February 27th, 2013 - 12:48 GMT

Public sector pay increase to fuel inflation in Lebanon - Economists

Reducing expenditures cannot logically entail a wage increase for civil servants
February 13th, 2013 - 08:03 GMT

Debt and Deficit: A continuing curse in the Cedar nation

The proposal is estimated to cost the treasury between LL2.25 trillion and LL3 trillion (around $1.5 to $2 billion) a year
November 7th, 2012 - 03:00 GMT

Next government, inshallah! Lebanese parliament to keep procrastinating on salary scale?

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