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IMF 'not worried about Dubai debt obligations'The International Monetary Fund is not worried about Dubai's ability to meet its upcoming debt obligations, Masood Ahmed, director of the IMF's Middle East and Central Asia department, tol More… |
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Bahrain needs to cut public debt urgently: IMFBahrain, which last year boosted state spending, urgently needs to reform its economy to stop its debt burden becoming unsustainable, the International Monetary Fund said. Bahrain upped its original 2012 expenditure plan by nearly More… |
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Bahrain needs to cut public debt urgently: IMFBahrain, which last year boosted state spending, urgently needs to reform its economy to stop its debt burden becoming unsustainable, the International Monetary Fund said. Bahrain upped its original 2012 expenditure plan by nearly More… |
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IMF trims sub-Saharan Africa growth outlookThe IMF on Tuesday trimmed its growth outlook for sub-Saharan Africa to 5.4 percent in 2013 and 5.7 percent in 2014 but said economic activity was being supported by rising investment and booming extractive industries. The Interna More… |
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IMF, Egypt hope to reach deal 'in coming weeks'The International Monetary Fund and Egyptian officials said they were working to reach a deal on a proposed $4.8 billion loan in "coming weeks," citing progress in weekend talks in Washington. More… |
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Urgent steps to spur growth must: IMFGlobal finance officials said monetary policy alone was not enough to restore confidence in the shaky global economy as they urged countries to take other steps to reinvigorate growth and create jobs. More… |
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Turkey to clear $2bn Egypt aid in two monthsTurkey will transfer the remaining $1 billion of a $2 billion budget support package agreed for Egypt last year within the next two months, Turkish economy officials and banking sources said on Wednesday. The loan will be a shot i More… |
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IMF says inching close to Tunisia dealThe International Monetary Fund (IMF) is very close to reaching an agreement with Tunisia on providing a precautionary credit line worth $1.75 billion, a senior IMF official told reporters on Tuesday. Tunisia has asked for IMF sup More… |
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Sanction-hit Iran's GDP to grow again in 2014Iran's economy should emerge from a recession caused by international sanctions over its disputed nuclear programme, but not until 2014, a year later than previously forecast, according to the IMF. The sanctions have hurt trad More… |
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Mena growth to suffer as oil output slowsGrowth in the Middle East and North Africa is likely to dip this year as oil production slows in some oil-exporting nations and "Arab Spring" countries struggle with political transitions, according to the latest International Moneta More… |
