Finance Ministry | Al Bawaba

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The loan aims at enhancing financial inclusion, developing payment and settlement systems. (Shutterstock)

February 15th, 2019 - 08:50 GMT

$96 Million Loan to Support Jordan's Banking Sector

The government and the Arab Monetary Fund (AMF) on Thursday signed a loan agreement for 23 million Arab accounting dinars, equivalent to $96 million.

Fitch also kept short-term foreign currency credit at B.

January 5th, 2014 - 03:55 GMT

Recovery ahead? Fitch ratings upgrades Egypt to 'negative to stable'

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

The budget deficit up to June of this year reached 28.1 percent of spending

September 18th, 2013 - 09:40 GMT

Lebanon’s budget deficit to rise to drastic levels

State debt is now around 140 percent of GDP, a figure which had fallen in the years of fast growth but which could increase again.

September 17th, 2013 - 08:18 GMT

Lebanon's central bank trying hard to pump growth

Kuwaiti candidate Faisal al-Shayaa (C) celebrates with his supporters following his victory in the parliamentary elections (AFP/YASSER AL-ZAYYAT)

August 4th, 2013 - 05:52 GMT

New cabinet announced following Kuwait election

Long-term maturity period loan carries a low interest rate than other international financial institutions

July 29th, 2013 - 09:55 GMT

World Bank provides Jordan with $150m loan

Cyprus has agreed to cut its budget deficit to 2.4 percent of gross domestic product in 2016, from an estimated 5.9 percent this year

July 18th, 2013 - 12:55 GMT

IMF, EU inspectors start quizzing Cyprus on bailout

Egyptian protesters walk past graffiti against President Mohamed Morsi on the wall of the presidential palace in Cairo on July 1, 2013. (Source: AFP/GIANLUIGI GUERCIA)

July 1st, 2013 - 10:41 GMT

Egyptian economists condemn IMF loan to Egypt

The government has been in talks with the International Monetary Fund for more than a year now over a $4.8 billion loan

July 1st, 2013 - 06:50 GMT

Experts: Poor to bear burden of Egypt’s IMF loan

Bahrain parliament

June 26th, 2013 - 09:53 GMT

Bahrain parliament approves 11 pct rise in 2013 budget spending

The ratings agency also downgraded the three leadings banks in the country

June 18th, 2013 - 05:19 GMT

Public debt reaches $59 billion in April

18 – or 28 percent – out of 65 residential projects with an asking sale price of at least $2,800 per square meter are completely sold out

June 6th, 2013 - 10:26 GMT

Beirut 2012 properties sale stale