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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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Her comments come as the Fed is signalling that it could slow its bond purchases later this year if the U.S. economy continues to improve.
August 25th, 2013 - 11:28 GMT

IMF urges central banks to maintain stimulus packages for emerging economies

If not managed appropriately, a rapidly growing population of young people could lead to an increased rate of unemployment amongst 15 to 25 year olds, a figure which already stands at around 30 per cent.
August 23rd, 2013 - 09:07 GMT

Saud Arabia's bulging youth: unlimited potential or potentially unlimited unemployment?

This is while the Statistical Center of Iran had put the figure at 33.9 percent, according to the Fars News Agency.
August 21st, 2013 - 11:27 GMT

From bad to worse: Iran's inflation rate hits 37.5%

UNITED STATES, Chilmark : US President Barack Obama makes a statement on Egypt August 15, 2013, in Chilmark, Massachusetts. AFP PHOTO/Jim WATSON
August 20th, 2013 - 02:32 GMT

US quietly halts aid to Egypt

The economy is now more vulnerable than any time since Hosni Mubarak was deposed two and a half years. ago.
August 18th, 2013 - 08:54 GMT

Will Egypt's economy be able to withstand the bloodbath?

The country earned $7.3 billion from its exports this month.
August 14th, 2013 - 07:06 GMT

Iraqi oil exports hit 16 month low

Two recently announced acquisitions have brought the sector back into the headlines on a positive note, helping offset a recent ratings downgrade.
August 7th, 2013 - 12:28 GMT

The Gulf is Banking on Egypt's Future

A healthy inflation target in stable economies ranges between 2-3%.
August 6th, 2013 - 11:14 GMT

Life more expensive in Iran by one-third

The majority of suppliers and specialist contractors appear to be holding their prices to protect market share and profit margins
July 31st, 2013 - 06:45 GMT

Egypt's construction sector affected by economic instability

Total public revenue fell 1.5 per cent during the five-month period to RO6bn from RO6.1bn in the same period last year
July 28th, 2013 - 09:10 GMT

Oman reports budget deficit for first half of 2013

Sudan's oil was the driver of the economy and source for dollars needed for imports
July 25th, 2013 - 02:55 GMT

Sudan currency falls to record low

Oil was the driver of the economy and source for dollars needed for imports
July 25th, 2013 - 01:55 GMT

Sudan currency falls to record low

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