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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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Bankers and analysts have also cited wide fears depositors will try to take out their savings when banks reopen.
October 29th, 2019 - 08:30 GMT

Salameh: Lebanon Is Days Away from Economic Collapse

The IMF had earlier revised down growth forecast for 2019 to 1.6 per cent from its previous forecast of 2.8 per cent.
October 28th, 2019 - 09:45 GMT

IMF: UAE GDP Projected to Grow at 2.5 Percent Due to Non-Oil Sector

The government expects funding through the current financing program with the International Monetary Fund
October 27th, 2019 - 02:00 GMT

Tunisia Determined to Repay Its $4 Billion Debts by 2020

Total value of the country's exports stood at $24.4 billion in the first seven months of this year
October 27th, 2019 - 10:00 GMT

Iran: Country’s Economy Remains Stable Despite Re-Imposition of US Sanctions

Analysts expected Egypt’s gross domestic product (GDP) growth to slow to 5.5 percent in the 2021/22 fiscal year.
October 26th, 2019 - 01:00 GMT

Egypt’s Economy to Grow at 5.5 Percent in Fiscal Year 2019/20

Foreign states should now help with moves to support Lebanon
October 23rd, 2019 - 06:08 GMT

Lebanese Banks Remain Shut for a Fifth Working Day

The RBI has banned the use of cryptocurrencies in India.
October 21st, 2019 - 07:23 GMT

India: Every Country Should be Cautious Before Rushing into Cryptocurrencies

The government has cut subsidies, raised fees and is pushing economic diversification and inward investment
October 20th, 2019 - 10:00 GMT

Bahrain Is on Track to Eliminate Its Deficit by 2022

IMF Executive Board announced the completion of the second review of the country’s economy
October 20th, 2019 - 07:30 GMT

IMF: Relations With Jordan Is “Very Deep”, Reform Agenda Is Progressing

Stressing the key role bridging the gender equality gap plays in triggering growth, she said that companies boosted results by 8 per cent to 11 per cent when they had women on their boards or in senior management, citing IMF reports. 
October 17th, 2019 - 07:32 GMT

IMF Chief Sheds Lights on Gender Pay Gap

IMF stated that the world economy is slowing to its weakest pace
October 16th, 2019 - 01:00 GMT

IMF Hails Saudi Non-Oil Sector’s Growth

The IMF expects a slight rebound in 2020 but warns of threats ranging from heightened political tensions in the Middle East
October 16th, 2019 - 08:00 GMT

IMF Projects Jordan’s Economy to Grow by 2.2 Percent

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