IMF is assisting countries mired in debt crisis
The programme that freezes payments on IMF debt from poor countries is expected to be extended through 2021...
Tag : IMF
Kenya seeks IMF loan worth $2.3 bn to stabilise rising debt
The country’s fiscal deficit will increase to 8.3% of GDP in the fiscal year to June 2021 from 7.4% in the current fiscal year...
Golden visa extension will support UAE’s economic recovery
Recently, the UAE approved the issue of a 10-year golden visa to professionals from various sectors...
Argentina to request IMF for an extended fund facility
This will allow the country to develop a host of economic reforms and delay repayment of loan worth $44 billion...
UAE’s revised economic outlook to contract by 6.6% in 2020: IMF
economy will recover by 1.3 percent next year...
IFC invests $70 mn in Vietnam-based Indo Trans Logistics
This is IFC’s first investment in Vietnam’s logistics sector...
Gulf economies contracting in 2020 to recover in 2021
Analysts see a deep economic contraction in the hydrocarbon-producing region this year...
Dubai’s GDP declines 3.5% in first quarter year-on-year
Real estate activity registered a growth of 3.7% in Q1 2020...
Nigeria anticipated to hit its worst recession in four decades: World Bank
The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale...