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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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Essential food items and daily necessities will be VAT-exempt. (File photo)
April 17th, 2016 - 11:00 GMT

VAT in GCC: Inflation could drive up costs of doing business

The Organization of Petroleum Exporting Countries said its forecast for growth in world oil demand in 2016 was lowered by 50,000 barrels per day to 1.2 million bpd. (File photo)
April 14th, 2016 - 04:04 GMT

Oil prices slip as OPEC forecasts weaker demand

Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, overlooks plans for a $30B Wholesale City in Dubai. (File photo)
April 12th, 2016 - 12:00 GMT

UAE targets five percent FDI contribution to GDP over next five years

The expected failure of Parliament to ratify the budget and Cabinet to approve two critical oil decrees weighs heavy on the economy,” the survey said. (File photo)
March 6th, 2016 - 10:00 GMT

Lebanon braces itself for credit rating downgrade

The Director General of the IMF also suggested to raise revenues via corporate income, property and excise taxes. (Elaph)
February 22nd, 2016 - 09:46 GMT

VAT for GCC agreed at five percent in 2018

Al Bawaba
February 3rd, 2016 - 12:00 GMT

Dubai to host Global Women's Forum

Al Bawaba
January 31st, 2016 - 06:46 GMT

Bahrain requires sizable fiscal adjustment: IMF

Al Bawaba
January 20th, 2016 - 09:00 GMT

Davos discussions: MENA should consider oil slump as an opportunity

Saudi's finance ministry reported 2015 revenues at $162 billion, a 15 percent decline from budgeted revenues. (File photo)
January 20th, 2016 - 07:00 GMT

IMF downgrades growth forecast for Saudi Arabia

Al Bawaba
January 17th, 2016 - 02:00 GMT

Beyond the barrel: UAE ministerial retreat to mull alternatives to oil income

Al Bawaba
January 17th, 2016 - 05:32 GMT

Iran fulfills nuclear deal obligations, UN lifts sanctions

Al Bawaba
January 14th, 2016 - 02:00 GMT

VAT in the UAE expected to generate up to $3.2B in 2018

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