IMF predicts robust growth for the UAE economy, driven by oil revenues
Over the medium term, increasing non-oil revenue will be supported by the gradual implementation of a corporate income tax, which started in June 2023...
Tag : IMF
World Bank & the never-ending sovereign default
World Bank Chief Economist Carmen Reinhart referred to the debt crises of the 1980s and 1990s and the lessons this challenging era can offer...
Crisis-ridden Sri Lanka’s economy shrinks 11.5%
Sri Lanka’s economy is showing tentative signs of improvement, in part due to the implementation of critical policy actions...
IMF predicts slow growth for MENA economies
Italian Foreign Minister Antonio Tajani said that his country wants the IMF to start disbursing a loan to Tunisia without conditions...
Economy 2023: Asian giants walk a tightrope
IMF has predicted a strong rebound for COVID-hit Chinese economy in 2023, with industrial mobility and activities picking up the pace...
Middle East a unique ‘global sweet spot’ for merger and acquisition: Survey
Saudi Arabia is anticipating a significant increase in merger and acquisition activity in 2023...
IMF loan not enough? Cash-strapped Egypt sells state assets to Gulf nations
The investments by Gulf states into Egypt last year helped to alleviate some of the immediate financing concerns that Egypt encountered, prior to securing further funds from the IMF...
Moody’s predicts another budget surplus year for Oman
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...
Decoding China’s blue-collar labour shortage
Business confidence in China has already fallen to its lowest since 2013, as per a World Economics survey...
IMF reveals why Asia economies need rapid rate hikes
Krishna Srinivasan did not specify which economies would have to quickly increase interest rates....