Saturday 19 August 2017
 
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IMF

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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UAE economy to bounce back as oil prices recover, says IMF

The UAE is weathering the post-2014 oil shock well and the country's economic activity is expected to strengthen gradually in the coming years with firming oil prices and other global indicators, and an easing pace of fiscal consolidation, a

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Egypt to get $1.25bn further IMF aid

The Executive Board of the International Monetary Fund (IMF) has approved the first review of Egypt’s economic reform programme supported by an arrangement under the Extended Fund Facility (EFF). The completion of the review allow

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Saudi 'making good progress in boosting private sector'

Saudi Arabia is making good progress in identifying and reducing obstacles to private sector growth and a large, sustained fiscal adjustment is needed to achieve budget balance over the medium term, an IMF report said.   

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UAE economic growth set to rebound: IMF

The UAE is adjusting well to the new oil market realities and the country's economic growth is set to rebound, said an International Monetary Fund (IMF) mission. The IMF mission, led by Natalia Tamirisa, visited the UAE from A

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Mideast growth to stay at 2.6pc says IMF

The Middle East, North Africa, Afghanistan and Pakistan (MENAP) region’s economic growth is expected to remain at 2.6 per cent for 2017, rising to 3.4 per cent in 2018, compared to estimated global growth of 3.5 per cent and 3.6 per cent,

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Mideast growth to stay at 2.6pc says IMF

The Middle East, North Africa, Afghanistan and Pakistan (MENAP) region’s economic growth is expected to remain at 2.6 per cent for 2017, rising to 3.4 per cent in 2018, compared to estimated global growth of 3.5 per cent and 3.6 per cent,

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