International Monetary Fund Archives

Uganda returns to banks for loans as credit options thin out

IFM CorrespondentApril 8, 2025

by IFM CorrespondentApril 8, 2025

According to Uganda's September 2024 debt sustainability analysis report, commercial banks own 12% of the nation's external debt...

Business Leaders Featured

Most Gulf-based business leaders confident of growth despite challenges

IFM CorrespondentSeptember 13, 2024

by IFM CorrespondentSeptember 13, 2024

Most Gulf decision-makers are optimistic about the region's long-term prospects and believe it will establish itself as a significant hub for international business within the next 25 years...

Economy Featured

Growth in MENA region to reach 2.2% in 2024: IMF

IFM CorrespondentJuly 23, 2024

by IFM CorrespondentJuly 23, 2024

The IMF report states that these figures have been revised lower than those that were released in April of 2023, which indicated growth of 2.7% in 2024 and 4.2% in 2025...

Economy Featured

Lebanon’s growth is inadequate for economic recovery: IMF

IFM CorrespondentMay 28, 2024May 27, 2024

by IFM CorrespondentMay 28, 2024May 27, 2024

Since the Gaza War began in October 2023, fighting between Israeli forces and Hezbollah in Lebanon has taken place across the West Asian country's southern border...

Currency Featured

World Bank urges Zimbabwe to boost currency confidence

IFM CorrespondentMarch 18, 2024March 19, 2024

by IFM CorrespondentMarch 18, 2024March 19, 2024

The World Bank is committed to the ongoing process that Zimbabwe has been going through since 2022 to pay off billions of dollars in arrears to the organisation and other foreign lenders...

Economy Featured

Qatar’s economic growth finds stability after FIFA World Cup boom: IMF

IFM CorrespondentNovember 28, 2023November 27, 2023

by IFM CorrespondentNovember 28, 2023November 27, 2023

Qatar's efforts to achieve its National Vision 2030 - which aims to ensure sustainable development by the end of the decade - are expected to yield positive results...

Featured Oil & Gas

IMF predicts robust growth for the UAE economy, driven by oil revenues

IFM CorrespondentOctober 26, 2023October 25, 2023

by IFM CorrespondentOctober 26, 2023October 25, 2023

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...