Tuesday 12 December 2017
 
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IMF

Kuwait non-oil growth set to rise to 4pc: IMF

Kuwait’s non-oil growth is projected to increase gradually to about 4 per cent driven by accelerated project implementation under the 5-year development plan and improved confidence, said the International Monetary Fund (IMF).

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Egypt inks $2bn IMF loan agreement

Egypt government has reached a staff-level agreement with the International Monetary Fund (IMF) for an installment of about $2 billion more from a three-year, $12 billion loan programme to push through its ambitious economic reforms under the lo

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IMF forecasts UAE growth to triple in 2018

The International Monetary Fund (IMF) expects the United Arab Emirates’ economic growth to nearly triple next year as the country’s capital Abu Dhabi, benefits from an expected recovery in oil prices, a report said. Th

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Saudi reforms begin to bear fruit says IMF chief

Saudi Arabia has made good progress in initiating its ambitious reform agenda and fiscal consolidation efforts are beginning to bear fruit, IMF Managing Director Christine Lagarde has said.   In a statement issue

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Arab GDP up 2.9pc in 2016 due to oil price hike

The Arab Gross Domestic Product last year increased to 2.9 per cent from 2.5 per cent in 2015 driven by oil price hike, according to state news agency Wam.   The growth was mainly due to a set of economic reforms emb

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Morocco to host IMF-led economic forum

The International Monetary Fund (IMF), Arab Monetary Fund (AMF), Arab Fund for Social and Economic Development (AFESD) and Government of Morocco will co-host a high-level conference in Marrakesh next year on promoting higher economic growth, job

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Egypt economy ‘could expand at 6pc per year’

The Egyptian economy can sustainably expand at an annual growth rate of 5 to 6 per cent, said an industry expert, noting that further reform progress is crucial and access to foreign funds is a key element in this process. “

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Saudi economic reforms win IMF praise

The International Monetary Fund (IMF) has commended Saudi Arabia’s economic reform programme, under the Kingdom’s vision for 2030, which has made considerable progress in launching an ambitious reform agenda while financial control e

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Economic reform 'is key to surviving oil price shock'

Arab countries must put in place development strategies that place the private sector at their heart and focus on diversification to reduce vulnerability to future oil-price shocks, says Oussama Kanaan, director, Middle East Centre for Economi

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Economic reform 'is key to surviving oil price shock'

Arab countries must put in place development strategies that place the private sector at their heart and focus on diversification to reduce vulnerability to future oil-price shocks, says Oussama Kanaan, director, Middle East Centre for Economi

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