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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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Below is a graph showing the budget allocation for fuel subsidies, SWF, and SFD (in YER million).
November 12th, 2013 - 04:55 GMT

The IMF should perhaps learn that one size fits all, especially when it comes to Yemen's subsidy reforms

The International Monetary Fund urged Kuwait last month to contain public spending to avoid risks from a drop in the price of crude oil which accounts for 94 percent of state revenues.
November 11th, 2013 - 11:24 GMT

Bye bye nanny state, hello Egypt/Jordan style protests? Kuwait to possibly scratch $16 billion worth of subsidies

Regional ministers said that Gulf residents are 'taking advantage' of government energy subsidies and opting for vehicles that have big engines and are not fuel efficient (Courtesy of Boston University)
November 11th, 2013 - 07:20 GMT

Subsidies are the culprit for 'excessive' energy consumption in GCC, say ministers

it is difficult for any decision-maker or government to convince people that subsidy cuts—which of course means an immediate increase in prices—is in their interests in light of low income levels, with many barely making ends meet at all.
November 7th, 2013 - 01:54 GMT

The Arab Spring effect: the use of 'hat politics' by Mideast economists

One of Oman's largest economic sectors is tourism. The Sultanate hopes to have 12 million visitors by 2020 (Courtesy of One Oman)
November 3rd, 2013 - 11:48 GMT

Why this non-OPEC Gulf country is outpacing its GCC neighbors' economies

S&P says that Jordan's economic outlook remains negative due to the impact of the Syrian crisis on the country, including the refugee influx in Zaatari refugee camp and throughout the country (AFP/Getty Images)
November 3rd, 2013 - 07:45 GMT

Standard & Poor affirms Jordan's credit ratings, but outlook 'negative' from Syria crisis

Finance Minister Umayya Toukan on Sunday said that the government is set to issue the US-guaranteed eurobonds on international markets on October 28, the Jordan News Agency, Petra, reported.
October 21st, 2013 - 11:48 GMT

Jordan to issue US-backed eurobonds next week, more foreign aid to come

Oil importers are constrained by high domestic subsidy bills and weak investment; this is hampering economic growth.
October 21st, 2013 - 09:02 GMT

Standard & Chartered gives the MENA a reality check


Sidi Ould Tah, Mauritanian Minister for Economic Affairs and Development, said the educational output is not in harmony with needs of the labour market and this issue requires reconsideration into the educational systems.
October 14th, 2013 - 09:38 GMT

One in four remain jobless in the Middle East, according to the IMF

World Bank chief Jim Yong Kim has warned that the US was headed toward peril as politicians failed again to resolve a standoff over the budget and debt ceiling.
October 13th, 2013 - 09:40 GMT

'Global growth subdued' and 'US headed towards to danger', says IMF, World Bank

Oil sanctions on Iran have created instability and lack of transparency in the markets
October 13th, 2013 - 11:48 GMT

What Iran's economy minister has to say about sanctions

In April 2013, Jordan received the second tranche of the loan to finance projects under the programme, at a total of $385 million
October 13th, 2013 - 09:40 GMT

Two 'Eids' in one? IMF to dispense third tranche of its loan to Jordan

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