Global agencies call for $50 bn investments to generate $9 tn in economic returns
This call to action comes after the pandemic has reached a dangerous point and such an investment can reduce infection and loss of lives...
Tag : IMF
Global economy to grow by 5.5% in 2021: IMF
The global economy will grow by 4.2% in 2022, the fund further said...
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...
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...