Sunday 26 April 2015
 
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IMF

IMF sees moderate, uneven global growth

The International Monetary Fund highlighted an increasing divergence in the growth paths of the world's major economies this year, as a pick-up in the Euro Zone and India is expected to be offset by diminished prospects in other key emerging

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IMF sees low potential growth around world

The world's growth potential took a big hit after the 2007-2009 financial crisis and is likely to lag for years, implying that interest rates should likely stay low for quite a while, the International Monetary Fund said in a study on Tuesda

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IMF endorses Islamic finance

The International Monetary Fund has endorsed the principles of Islamic finance, saying it could prove safer than conventional finance, but the multilateral lender warned Islamic bankers that they must tighten rules and follow them more consisten

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Active management of cost ‘helps optimise value’

By adopting an active management of cost rather than leveraging price, procurement managers can optimise their delivered value and strengthen the relationships with their suppliers, said an industry expert. “Organisations th

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IMF to disburse $200m in loan for Jordan

The International Monetary Fund is set to disburse $200 million for Jordan, under a Stand-By Arrangement (SMA) after the organisation’s approval of the sixth review of the countries economic performance, according to a report.

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Kuwait plans corporate tax as oil prices crash

Kuwait has sought help from the International Monetary Fund (IMF) to introduce corporate taxes in a bid to diversify revenue in the face of falling oil prices, a senior government official said. "The IMF will prepare a prelim

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Egypt's reforms starting to spur turnaround: IMF

The International Monetary Fund said on Wednesday that Egypt's structural and monetary reforms were starting to produce a turnaround in the economy, which has been hit by persistent turmoil since 2011. The uprising that topple

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Oil export losses to reach $300 billion in Middle East

Losses from lower oil exports should sap up to $300 billion from economies in the Middle East and Central Asia this year, as countries in the region adjust to falling crude prices, the International Monetary Fund

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Oil markets dip on weak China GDP data

Oil markets dipped on Tuesday as China's economic growth for 2014 undershot a government target and hit its weakest annual expansion in 24 years, adding to worries in energy markets already suffering from slowing demand and oversupply.

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IMF cuts global growth outlook, calls for reforms

The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth. G

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