Wednesday 23 April 2014
 
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IMF

Egypt in need of more aid, says IMF

Egypt will need further international assistance to put its economy back on track despite receiving huge loans from Gulf states, the IMF said. "Egypt will need financial support which could come from its partners in the Gulf

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G20 eyeing fallout from Ukraine; pushes US on IMF reforms

The world's top economies are monitoring the economic situation in Ukraine for any fallout that may pose risks to economic and financial stability, the Group of 20 finance ministers and central bankers said on Friday in a final communique.

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Bold reforms in Arab states in transition needed: IMF

Arab Countries in Transition must pursue bold economic policy reforms to achieve economic stability and generate job-creating growth in the region, an IMF study has said. The study, entitled “Toward New Horizons—Arab E

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IMF tells world to do more on growth 'marathon'

The International Monetary Fund has urged nations around the world to move ahead more quickly on policies needed to secure a stronger recovery and avoid a prolonged global slump. In a "Global Policy Agenda" for the world

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Rich nations propelling global growth: IMF

The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year and next as output in richer nations picked up, but it warned of rising risks in emerging economies. In its latest global economic

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Bahrain banking sector in good health, says IMF

The International Monetary Fund (IMF) has given Bahraini banks a clean bill of health, while rating agency Moody's raised its outlook for the sector, as banks in the kingdom emerge from a period of consolidation. Bahrain has w

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Qatar spending to rise 3.7pc to $60 billion

Qatar plans to increase government spending by 3.7 percent to 218.4 billion riyals ($59.98 billion) in the 2014/15 fiscal year, the QNA state news agency said on Sunday, quoting from a budget approved by the country's ruler. T

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IMF agrees $14-18 billion bailout for Ukraine

The International Monetary Fund has agreed a $14-18 billion two-year bailout for Ukraine, a deal to help it recover from months of turmoil that will also unlock further credits making a total of $27 billion. The agreement, announc

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Bahrain non-oil growth will pick up this year: IMF

Bahrain's non-oil GDP growth is projected to pick up to about 5 per cent in 2014 driven by capital spending, with oil GDP expected to be flat, an International Monetary Fund mission said. Overall growth is projected to revert

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Oman sets up financial stability panel

Oman's government and regulators have set up a "financial stability committee" to monitor and manage risks in the banking and capital markets, the finance ministry said. The creation of the committee follows a sugges

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