Thursday 11 February 2016
 
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IMF

Bahrain says austerity plans in line with IMF

Bahrain plans austerity steps to cut its budget deficit in line with International Monetary Fund (IMF) recommendations, its finance minister said on Saturday in comments that could help the island kingdom sell its bonds when it returns to intern

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Bahrain must take steps to cut deficits as oil hits new low: IMF

The International Monetary Fund (IMF) has urged Bahrain to take 'sizable' steps to reduce its growing budget deficit as slumping oil prices have sharply reduced exports and government revenues. The warning following the IM

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IMF cuts global growth forecast over China, oil slump

The International Monetary Fund cut its global growth forecasts for the third time in less than a year on Tuesday, citing a sharp slowdown in China trade and weak commodity prices that are hammering Brazil and other emerging markets.

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Iraq foreign reserves drop to $43bn

Iraq plans to finance its balance of payments deficit by drawing its foreign exchange reserves down to $43 billion in 2016 from $59 billion at the end of October, it said in an International Monetary Fund memo on Tuesday. The defi

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Global growth will be disappointing in 2016: IMF chief

Global economic growth will be "disappointing" next year, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Laga

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Global growth will be disappointing in 2016: IMF chief

Global economic growth will be "disappointing" next year, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Laga

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Egypt expects $1.5bn in aid by year-end

Egypt expects to receive $1.5 billion from the World Bank and African Development Bank by year-end to support the budget and could discuss potential IMF financing once parliament convenes, International Cooperation Minister Sahar Nasr said.

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Asia shares fall on China caution, yuan surges

Asian shares fell on Monday as Chinese stocks extended last week's sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI&#

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Islamic finance ‘can boost economic growth’

Islamic finance has the potential to contribute to higher and more inclusive economic growth by increasing access to banking services, said Christine Lagarde, IMF managing director. Islamic finance has also shown its value in infr

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Qatar growth likely to top 4.5pc: Lagarde

Qatar’s growth could accelerate from 4 percent in 2014 to above 4.5 percent this year and next, supported by a large public infrastructure program and opening of a new natural gas field, said Christine Lagarde, IMF managing director.

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