Latest in Tag: IMF Highlight
Latest in Tag: IMF

IMF calls on governments to make COVID-19 recovery environmentally sustainable
Green technologies, transport, sustainable agricultural investments are priorities, says Georgieva

Egypt in good position economically to navigate COVID-19: Al-Mashat
Government is looking to continue with economic reforms and development plans despite global slowdown

IMF faces extraordinary pressures on financial facilities due to COVID-19
Egyptian authorities aim to strengthen successful economic stabilisation programme with further IMF support, says Azour

Egypt requests IMF financial, technical support to fight COVID-19: Madbouly
Foreign exchange reserves can withstand the crisis for over two years, says Amer

IMF approves new liquidity line to enhance global financial safety net
Short term liquidity facility aims to reduce impact of COVID-19

103 countries approach IMF for COVID-19 emergency finance
Fund’s executive board to consider half of requests by end-April, says Georgieva

IMF warns of Middle East debt amid COVID-19 battle
Regional economies have been blindsided by health emergency and oil price crash, says Bloomberg

Al-Mashat highlights Egypt’s COVID-19 measures at G-24 meeting
The across-the-board economic declines have hit these countries particularly hard, with governments having to spend heavily on health and social protections.

Fiscal policy key to saving lives during COVID-19 pandemic: IMF’s Mauro to DNE
Policymakers should offer emergency protection lifelines through temporary, timely, and targeted fiscal measures, says IMF’s Deputy Director of Fiscal Affairs

COVID-19 causes major increase in fiscal deficits, public debt ratios: IMF
Transparency is crucial to managing fiscal risks, says Fiscal Monitor report

IMF, Egyptian authorities in discussions on COVID-19 containment
Country yet to submit financial support request, says Azour

Sub-Saharan Africa’s economy to contract by 1.6%: IMF
Decline due to coronavirus outbreak, lower-than-expected commodity prices, says report

IMF praises Egypt’s proactive measures against COVID-19
Egypt supports affected firms in tourism, exporting sectors, says report

Africa’s COVID-19 infections accelerate; IMF offers debt relief in continent
Total of 15,249 confirmed infections, 816 fatalities across continent so far

COVID-19 presents historic challenge: IMF
Oil prices plummeted in face of weakening global demand

Central banks are first line of defence against COVID-19: IMF
Banks reactivate programmes used during 2008 global financial crisis, says Adrian

Egypt will be MENA’s only country witnessing GDP growth: IMF
Global economy to contract 3% in 2020 due to COVID-19: WEO

WBG, IMF 2020 Spring Meetings to kick off virtually
Middle East, Central Asia Department to hold briefing on 15 April

IMF doubles emergency lending to $100bn to tackle coronavirus
IMF Managing Director Kristalina Georgieva said that the IMF anticipates the worst economic fallout since the Great Depression.

China’s limited COVID-19 recovery boosts prevention confidence: IMF
Details of pandemic’s economic impact to be released 14 April

3 priorities for MENA countries against COVID-19: Azour
We have to expect a new model of economy after the crisis, says IMF Middle East and Central Asia Department Director

Covid-19 crisis feels like a war: IMF officials
Challenge is even greater for low-income, emerging economies

Covid-19 economic upheaval likely more severe than 2008 crisis: IMF
Pressure on worldwide banking system is growing, says Adrian

CBE implements measures to contain COVID-19 economic implications: IMF
Egyptian expat remittances, Suez Canal earnings, exports to fall

COVID-19 struck Europe with stunning ferocity: IMF
Deep European recession this year is foregone conclusion

COVID-19 to severely hit economies of sub-Saharan Africa: IMF
Growth forecast in April’s regional outlook to be significantly low

COVID-19 containment measures hurt key sectors in Middle East: IMF
Tourist cancellations in Egypt reach 80%, says Azour

IMF to help low-income member states with $10bn zero rates-funds to combat COVID-19
About 20 countries showed interest in IMF’s support, says Georgieva

COVID-19, lower oil prices to impact Egyptian economy, Middle East region: IMF
Ramakrishnan anticipates drop in tourism, transportation

IMF praises temporary school closures, travel restrictions for COVID-19 prevention
Virus’s economic impact visible in most affected countries by outbreak, says Gopinath