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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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Debt issuance in the GCC would be led by Saudi Arabia's $16 billion. (Shutterstock)
August 16th, 2018 - 08:43 GMT

GCC Sovereign Debt Issuance to Exceed $50 Billion

Galata Tower in Old Town Istanbul, Turkey (Shutterstock/File Photo)
August 16th, 2018 - 05:00 GMT

Turkish Official Says Ankara Hiking Tariffs on Selective U.S. Imports for Attack on Economy

The NPSL help strengthen Oman’s payment infrastructure while supporting the introduction of innovative and efficient payment channels. (Shutterstock)
August 15th, 2018 - 07:05 GMT

Oman Central Bank to Launch E-Wallets

Telecom Egypt is 80 percent state-owned, with the remainder of its shares listed on the Egyptian and London stock exchanges. (AFP)
August 14th, 2018 - 08:55 GMT

UAE Banks to Lend $500 Million to Telecom Egypt

Oman recently launched a National Summary Data Page (NSDP), becoming one of the first GCC countries to implement the IMF’s recommendations of e-GDDS. (Shutterstock)
August 14th, 2018 - 08:22 GMT

Oman Leads GCC Countries As It Implements the IMF’s eGDDS Recommendations

The IMF encourages Egypt to continue its plan to raise energy prices. (Shutterstock)
August 9th, 2018 - 08:43 GMT

IMF: Egypt's Economy to Improve in 2021

Egypt’s foreign reserves were $44.315 billion at the end of July, having climbed steadily since the securing of a $12 billion. (Shutterstock)
August 7th, 2018 - 10:38 GMT

Egypt's Foreign Debt Soars to $88.2 Billion

The financing would help the government diversify its funding sources, extend its debt maturity profile and reduce costs. (Shutterstock)
July 31st, 2018 - 07:48 GMT

Standard Chartered to Raise $1.2 Billion in Oman

(Rami Khoury/Al Bawaba via AFP/FILE)
July 29th, 2018 - 01:19 GMT

Why Trump's NATO Styled 'Middle East Strategic Alliance' (MESA) is Wildly Dumb

The country’s budget deficit had fallen below 10 per cent for the first time since 2011. (Shutterstock)
July 26th, 2018 - 09:39 GMT

Egypt's GDP Reaches Its Highest in 10 Years

Riyadh came in the 30th place in this assessment of municipal portals, which studied 7 cities in Africa, 6 in the Americas, 13 in Asia, 12 in Europe, and 2 in Oceania, with the top three leaders among them being Moscow, Cape Town and Tallinn. (Shutterstock)
July 24th, 2018 - 09:19 GMT

Riyadh Hits 30th Place in UN E-Government Survey

Egyptian officials have been pushing to cut costs amid a broader effort to revive the economy. (Shutterstock)
July 22nd, 2018 - 07:54 GMT

Parliament in Egypt Goes Green to Cut Costs

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