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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 law, passed by parliament approved a EGP 5 billion start-up capital for the fund called ‘Egypt Fund’ with EGP 1 billion pounds to be transferred immediately from the treasury. (Shutterstock)
July 19th, 2018 - 08:38 GMT

EGP 200 Billion Sovereign Wealth Fund to Be Set up in Egypt

IMF maintained Saudi Arabia’s growth projections for 2019 at 1.9 per cent on predictions that oil prices would moderate. (File/Photo)
July 17th, 2018 - 12:27 GMT

IMF Changes Its Growth Forecast for Saudi Arabia

Analysts have predicted that the rupee will continue to weaken in the second-half of 2018. (Shutterstock)
July 17th, 2018 - 08:51 GMT

Pakistani Rupee Is Now the Worst Performing Currency in Asia

The Institute of International Finance (IIF) has raised the projected UAE real GDP growth from 2.1 per cent to 2.4 per cent for 2018 and maintained 2.7 per cent forecast for the next year. (Shutterstock)
July 17th, 2018 - 08:42 GMT

UAE Economy to Improve Due to Higher Crude Oil Prices

Ratio may be higher if refugee factor taken into account. (Shutterstock)
July 15th, 2018 - 11:11 GMT

IMF: Shadow Economy Accounts for 17 Percent of Jordan's GDP

Demonstrator throws plastics onto a smouldering barricade in central Port-au-Prince, July 9, 2018, following two days of deadly looting and arson triggered by a quickly-aborted government attempt to raise fuel prices. (AFP/ File Photo)
July 15th, 2018 - 08:40 GMT

Haiti Prime Minister Quits Office Amid Fuel Price Hikes, Ongoing Protests

Sisi is trying to raise his political stock by announcing a  vast number of extraordinary, and just as unrealisable, mega-projects. (AFP)
July 8th, 2018 - 11:29 GMT

Sisi and the Mega Projects: Are They Enough to Raise Egypt's Economy?


Tunisia’s inflation has been on the rise reaching the peak since 1990 which saw the central bank raising key interest rates last month by 100 basis points to 6.75 per cent. (Shutterstock)
July 8th, 2018 - 10:08 GMT

Tunisia Receives $250 Million From IMF

Oman’s diversification efforts and the planned completion of major infrastructure projects are indicators to a positive outlook. (Shutterstock)
July 8th, 2018 - 08:55 GMT

IMF: Non-Oil Economic Growth to Increase by Four per Cent in Oman

No orders issued for expulsion of Qataris in 2017, UAE Ministry affirms. (Shutterstock)
July 5th, 2018 - 08:01 GMT

Qataris With Prior Permission Can Re-Enter UAE

Egypt kicked off its three-year $12 billion loan programme in late 2016. (Shutterstock)
July 4th, 2018 - 10:19 GMT

IMF Suggests Egypt Maintain Tight Monetary Policy to Avoid Inflation

Jordan needs around JD5 billion annually in financing to cover debt and Eurobonds. (Shutterstock)
July 3rd, 2018 - 10:21 GMT

Jordanian Government to Meet IMF to Discuss Supervised Reform Plan Worth $700 Million

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