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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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On Oct. 6, the Trump administration lifted long-standing economic sanctions on Sudan (AFP/File)
October 19th, 2017 - 07:07 GMT

US: No Debt Relief for Sudan Until Removed from Terrorism Blacklist

A campaign to push Sisi to stand for reelection in the anticipated 2018 presidential elections has taken off online (AFP)
October 17th, 2017 - 02:25 GMT

Egypt is in Turmoil - So Why Are Egyptians Begging Sisi to Stand for Reelection?

Inflation has been on the rise since the currency flotation on November (AFP/File)
October 17th, 2017 - 05:00 GMT
Sally Shakkour

Coping with Egypt's Soaring Prices: A Conversation with Struggling Citizens

Kuwait's Emir Shaikh Sabah Al Ahmad (AFP/File)
October 16th, 2017 - 01:54 GMT

Kuwaiti Emir Visits Saudi, Speculated to Discuss Qatar

According to Turkey's Deputy Prime Minister Mehmet Simsek, the US-Turkey visa row is only a temporary dispute that will be resolved soon. (AFP)
October 12th, 2017 - 01:03 GMT

Turkey-US Visa Row Likely to Be Resolved Soon: Deputy PM

The cost of bribery in Kuwait is $2 billion a year, or two percent of the country's total GDP. (File photo)
October 12th, 2017 - 12:46 GMT

Bribes Cost Kuwait $2 Billion a Year: IMF

Egypt celebrates beating Congo to qualify for the World Cup finals in Russia next year (Tarek Abdel Hamid/AFP)
October 10th, 2017 - 10:03 GMT

As Egyptians Face Poverty, Sisi Finds Cash for Football Team Bonuses

The US stance toward the Middle East is negatively impacting business and regional growth, according to experts. (AFP/ File)
September 19th, 2017 - 05:00 GMT

Opinion: US Stance Towards Middle East Negatively Affecting Economy and Growth

On January 1, 2018, the value-added tax (VAT) will come into effect for the first time in the UAE. (File photo)
September 5th, 2017 - 12:34 GMT

How Small Businesses Can Manage VAT Compliance in UAE

The persistent low oil prices is weighing on liquidity conditions across GCC countries. (Pexels)
July 31st, 2017 - 12:45 GMT

GCC Banks to Become More Selective in Lending: Analysts

The recent decline in oil prices could weigh further on the outlook for the region's oil exporters. (File photo)
July 25th, 2017 - 08:12 GMT

Middle East Growth Dips in 2017 on Lower Oil Prices: IMF

Egypt's president has come under fire for "unfit" remarks he made seemingly towards the Gulf state of Qatar during an inauguration of a military base.  (AFP)
July 24th, 2017 - 10:49 GMT

Sisi Tells Doha to 'Mind Your Own Business' as Egypt Interferes in Qatar

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