Featured Oil & GasMoody’s predicts another budget surplus year for OmanWebAdminJanuary 16, 2023 by WebAdminJanuary 16, 2023 Oman experienced its first USD 2.98 billion budget surplus in close to a decade in 2022, which is credit-positive, according to Moody’s... Read more
Economy FeaturedIMF reveals why Asia economies need rapid rate hikesIFM CorrespondentAugust 2, 2022August 2, 2022 by IFM CorrespondentAugust 2, 2022August 2, 2022 Krishna Srinivasan did not specify which economies would have to quickly increase interest rates.... Read more
Economy FeaturedCould Bangladesh be next Sri Lanka?IFM CorrespondentJuly 29, 2022July 29, 2022 by IFM CorrespondentJuly 29, 2022July 29, 2022 According to central bank data, Bangladesh’s July to May current account deficit was $17.2bn.... Read more
Banking and Finance FeaturedZimbabwe’s inflation control plan: Gold coins for everyone?IFM CorrespondentJuly 28, 2022 by IFM CorrespondentJuly 28, 2022 Recently, Zimbabwe's central bank gave 2,000 coins to commercial banks.... Read more
Economy MagazineMiddle East leading the way in COVID-19 recoveryIFM CorrespondentJuly 11, 2022July 11, 2022 by IFM CorrespondentJuly 11, 2022July 11, 2022 The Middle East’s economic recovery will continue to follow a mixed pattern given divergent growth strategies and policies across the region.... Read more
Economy FeaturedChanges in policy framework key to transforming recovery in MENA: IMFIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 While several countries in the region have made significant strides, but the progress has been inconsistent... Read more
Economy FeaturedIMF suspends Afghanistan’s access to SDRs over lack of clarity recognising a new governmentWebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The announcement comes amid mounting pressure from the US treasury that holds a controlling share in the funds... Read more
Economy FeaturedIMF announces largest SDR in history of $650 bnWebAdminAugust 4, 2021 by WebAdminAugust 4, 2021 IMF announced a massive funding of $650 mn to help member countries fight Covid-19... Read more
Economy FeaturedWorld economy loses $15 tn due to Covid-19: IMFWebAdminJuly 22, 2021July 22, 2021 by WebAdminJuly 22, 2021July 22, 2021 IMF stated that it could take years to recover from the Covid-19 crisis if reforms are not implemented... Read more
Economy FeaturedOman’s GDP is projected to grow by 2.5%: IMFWebAdminJuly 7, 2021July 8, 2021 by WebAdminJuly 7, 2021July 8, 2021 The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021... Read more