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International Monetary Fund

International Monetary Fund latest

Argentina Won't Repay IMF Debt Until Recession Is Over
February 10th, 2020 - 09:38 GMT

Argentina Won't Repay IMF Debt Until Recession Is Over

Argentine Vice President Cristina Fernandez de Kirchner said the government will not pay “even half a cent” of its debt back to the International Monetary Fund before the country has exited recession. “The first thing we have to do in order to be able to pay is to exit the recession,” Fernandez de Kirchner said at a presentation of her book “Sinceramente” (Sincerely) at Havana’s international book fair. “If there ...
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IMF expects UAE’s output at 2.6 mbpd and crude prices at record $122 bn
April 11th, 2012 - 06:01 GMT

UAE's oil income to soar high

The GCC's banking sector is in a good position to support the ongoing development of the region
April 10th, 2012 - 07:59 GMT

GCC stabilized: Banking sector is comfortably profitable

Both Abu Dhabi and Dubai plan to balance their fiscal budgets accounts in the medium term
April 4th, 2012 - 07:25 GMT

UAE Government to reduce spending

Egypt requested a $3.2 billion IMF loan earlier this year and the government has said it hopes to seal an agreement as soon as possible
April 2nd, 2012 - 04:03 GMT

IMF welcomes Egypt policy to reform economic issues

When the situation improves after 2012 is over, the currency could be left to depreciate by 5 or 10 percent to compensate for the increase in inflation
April 1st, 2012 - 06:08 GMT

Egypt's currency should stabilize in 2012

Regional heavyweight Saudi Arabia was responsible for almost half of the total surplus ($245 billion) followed by the UAE ($94 billion) and Qatar ($79 billion)
March 28th, 2012 - 02:03 GMT

GCC's trade surplus to hit $493 billion in 2012-13

A new revenue stream would help hedge against a fall in oil prices
March 27th, 2012 - 08:57 GMT

Will UAE introduce uniform corporate tax?

The cash is needed to help to bolster confidence in the economy and shore up the government's increasingly shaky finances
March 18th, 2012 - 08:13 GMT

Talks with IMF set on $3.2 billion loan for Egypt

United Arab of Emirates Inflation is expected to remain at 1.5 per cent in 2012
March 15th, 2012 - 12:04 GMT

International Monetary Fund: GDP of UAE will drop

Numbers of passenger ships fell from four to one last month
March 13th, 2012 - 03:35 GMT

Suez Canal trade drains Egypt

US sanctions on Iran’s oil buyers, to begin July 1, have already forced its customers in Europe and Asia to curb purchases from the world’s fifth-largest crude exporter
March 5th, 2012 - 08:29 GMT

Saudi Arabia is taking steps to contain Iran oil threat

Due to Greece optimism coupled with easing from Chinese bourses metals pack remained bullish
February 29th, 2012 - 09:40 GMT

Positive momentum in base metals on global economic developments

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