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Iraq could secure $15bn financing by June: IMFThe International Monetary Fund could approve as early as June a standby arrangement (SBA) with Iraq unlocking $15 billion in international assistance over the next three years, the head of the IMF's Iraq mission said. Christi More… |
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GCC ‘may avoid recession despite challenges’Serious fiscal reform should see the GCC region avoid recession, despite weaker oil prices presenting a serious challenge to the growth outlook, reported the Gulf Daily News, our sister publication. To read further, pleas More… |
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Saudi looking at wide range of fiscal reforms: IMFSaudi Arabia's government is looking at a wide range of possible adjustments to its spending and revenue policies to cope with the blow to its finances from cheap oil, a senior IMF official said. The IMF estimates Riyadh faces More… |
