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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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Aramco came under Yemen’s biggest retaliatory attacks ever on Sept. 11, as a result of which Saudi Arabia lost half of its production capacity.
October 9th, 2019 - 07:38 GMT

Fitch Downgrades Saudi Aramco After Cutting Down the Kingdom's Debt Rating

For the global economy, the cumulative effect of trade conflicts could mean a loss of around $700 billion by 2020, or about 0.8 percent of GDP.
October 9th, 2019 - 07:22 GMT

IMF: Global Economy Set to See Its Slowest Growth in Nearly a Decade

The rupee has gained 4 per cent against the UAE dirham in the last three months
September 29th, 2019 - 07:00 GMT

IMF: Pakistan’s Rupee More Stable Now

Though tax revenues went down last year, the government has no intention of imposing more taxes or increasing exiting ones.
September 26th, 2019 - 07:29 GMT

No New Taxes to Be Levied in Jordan

Turkey's new economic program, announced in September 2018, targets a current-account-deficit-to-GDP ratio this year of 3.3%.
September 24th, 2019 - 07:27 GMT

IMF: Turkey Won't Go into Recession in 2019

The report pointed out that the structural reforms undertaken by the government.
September 11th, 2019 - 06:24 GMT

IMF Projects 2.9 Percent Non-Oil Growth in Saudi Arabia

Crisis has negative impact on emerging markets perception, but also carries lessons, opportunities for Turkey.
September 8th, 2019 - 10:10 GMT

Argentina's Crisis Might Be an Opportunity for Turkey

IMF had hiked the UAE's growth forecast for 2018 and 2019 on the back of higher oil prices. (Shutterstock)
April 10th, 2019 - 06:29 GMT

IMF Revises Down UAE's GDP Growth

IMF: Tunisia's GDP Is Lowest Among Its Arab Maghreb Peers. (Shutterstock)
March 11th, 2019 - 09:00 GMT

IMF: Tunisia's GDP Is Lowest Among Its Arab Maghreb Peers

The looming loan from the IMF would be the highest by any Pakistani government in its history from the Washington-based fund. (Shutterstock)
March 3rd, 2019 - 08:09 GMT

$12 Billion IMF Loan Deal to Help Pakistan's Fledgling Economy

SMEs in the Middle East suffer the widest gap when it comes to financial inclusion worldwide. (Shutterstock)
February 14th, 2019 - 10:34 GMT

IMF: Arab Countries Can Benefit More From Structured Financial Technology

IMF chief Christine Lagarde told CNN's Richard Quest that there were 3% more women's jobs vulnerable to AI than men's. (AFP)
February 10th, 2019 - 01:29 GMT

AI Threatens Women's Jobs More Than Men's: IMF Chief at World Government Summit

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