EconomyFeaturedChanges 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
EconomyFeaturedIMF suspends Afghanistan’s access to SDRs over lack of clarity recognising a new governmentInternational Finance Business DeskAugust 20, 2021 by International Finance Business DeskAugust 20, 2021 The announcement comes amid mounting pressure from the US treasury that holds a controlling share in the funds... Read more
EconomyFeaturedIMF announces largest SDR in history of $650 bnInternational Finance Business DeskAugust 4, 2021 by International Finance Business DeskAugust 4, 2021 IMF announced a massive funding of $650 mn to help member countries fight Covid-19... Read more
EconomyFeaturedWorld economy loses $15 tn due to Covid-19: IMFInternational Finance Business DeskJuly 22, 2021July 22, 2021 by International Finance Business DeskJuly 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
EconomyFeaturedOman’s GDP is projected to grow by 2.5%: IMFInternational Finance Business DeskJuly 7, 2021July 8, 2021 by International Finance Business DeskJuly 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
EconomyFeaturedGlobal agencies call for $50 bn investments to generate $9 tn in economic returnsInternational Finance Business DeskJune 2, 2021 by International Finance Business DeskJune 2, 2021 This call to action comes after the pandemic has reached a dangerous point and such an investment can reduce infection and loss of lives... Read more
EconomyFeaturedCOVID-19 vaccination programme to spur economic boost: BOJInternational Finance Business DeskMay 6, 2021 by International Finance Business DeskMay 6, 2021 Japan is yet to decide whether it wants to extend its state of emergency... Read more
EconomyFeatureMagazineGCC establish economic diversification amid Covid-19International Finance Business DeskMarch 31, 2021April 8, 2021 by International Finance Business DeskMarch 31, 2021April 8, 2021 Oil and gas production continues to represent over 40 percent of GDP in most of the economies... Read more
EconomyFeaturedKenya-US to resume talks on a bilateral trade agreementInternational Finance Business DeskMarch 3, 2021 by International Finance Business DeskMarch 3, 2021 Talks between the two nations were on hold due to the US Presidential election... Read more
EconomyFeaturedGlobal economy to grow by 5.5% in 2021: IMFPritam BordoloiJanuary 27, 2021 by Pritam BordoloiJanuary 27, 2021 The global economy will grow by 4.2% in 2022, the fund further said... Read more