Energy shock bites: Iran war forces IMF to cut global growth outlook
The global economy is now expected to grow 3% in 2026, down from an April forecast of 3.1%, a modest slowdown partly offset by AI-driven demand...
Tag : IMF
Earthquakes Derail Venezuela’s Escape From Abyss
The interim government has identified Venezuela's huge energy reserves as one of the routes to help the nation escape its economic abyss...
Oman posts USD 31.5 million budget deficit in 2025, says report
As per the ministry, the deficit was 26% lower than the budgeted deficit of OMR 620 million (USD 1.61 billion), primarily due to higher energy revenues...
Post PM’s sacking, focus returns on Senegal-IMF debt talks
President Bassirou Diomaye Faye has named Ahmadou Al Aminou Lo, a seasoned economist, to replace the populist Ousmane Sonko...
Spain bucks Eurozone trend with solid 2.2% economic growth forecast for 2026
Driven by a resilient services sector and falling unemployment, Spain maintains a strong economic outlook even as neighbouring European nations face stagnation...
Jordan to access USD 200 million as it reaches agreement with IMF
IMF mission chief Cesar Serra lauded the Jordanian government's commitment to reducing public debt to 80% of GDP by 2028...
Sudan’s war on survival
United Nations updates since early 2025 have called Sudan the most devastating humanitarian and displacement crisis in the world...
Is Laos falling into China’s debt trap?
Laos' sovereign debt crisis dates back to the early 2000s, when public debt exceeded 140% of GDP...
Ghana’s economic stabilisation: A new dawn?
Despite growing interest, Ghana's annual FDI has fluctuated due to macroeconomic uncertainty, culminating in a debt crisis in 2022...
Troubling times ahead for Tunisia
As Tunisia nears a repayment milestone of several years, the debt service burden will only escalate...