Latest in Tag: International Monetary Fund Highlight
Latest in Tag: International Monetary Fund
IMF revises up projection for MENA region growth to 3.3% in 2021
Road to recovery in Middle East, Central Asia hinges on containment measures, access to and distribution of vaccines, among other aspects
IMF upgrades global growth forecast in 2021 to 5.5%, warns risks remain
Financial organisation maintains forecasts for growth in Middle East, Central Asia at 3% in 2021, raising forecast for 2022 to 4.2%
IMF places climate change at heart of its work: Managing Director
Combining steadily rising carbon prices with green infrastructure push can boost global GDP over next 15 years by about 0.7%: Kristalina Georgieva
World can gain $9trn during 2021-2025, if worldwide vaccination accelerated: IMF chief
Ensuring sustainable, inclusive recovery post-COVID-19, reversing divergence between rich and poor countries are main 2021 priorities, says Kristalina Georgieva
No sustainable post-COVID-19 recovery in MENA region without strong governance: IMF
The Middle East and North Africa (MENA) region will be unable to envisage a strong and sustainable recovery following the novel coronavirus (COVID-19) pandemic, unless there is a strong governance framework.
World lives in digital age, with three pluses, one minus: IMF
One minus refers to inequality in access to technology
MENA region performed well in managing COVID-19 crisis:Â Jihad Azour
COVID-19 crisis is about disruption and acceleration, says IMF regional director
COVID-19 could cost estimated $28trn in output losses over next 5 years: Georgieva
Faster progress on medical solutions could speed up post-pandemic recovery, potentially adding almost $9trn to global income by 2025, says IMF head
Massive fiscal response to COVID-19 pandemic pushes global public debt to record level: IMF
Global public debt reaching its highest level in recorded history, at over 100 percent of global GDP, in excess of post-World War II peaks
Egypt, IMF reach staff-level agreement on 12-Month $5.2bn stand-by arrangement
Financing from Egypt’s international partners will be critical for key reform objectives, ensure reform success
US continues to support Egypt’s economic development: Ambassador Cohen
Washington backs Egypt’s request for emergency financial assistance from IMF
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
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.
IMF praises Egypt’s proactive measures against COVID-19
Egypt supports affected firms in tourism, exporting sectors, says report
Egypt will be MENA’s only country witnessing GDP growth: IMF
Global economy to contract 3% in 2020 due to COVID-19: WEO
COVID-19 struck Europe with stunning ferocity: IMF
Deep European recession this year is foregone conclusion
Africa must take substantial efforts to attract private investments into renewables: IMF
Power shortages cost the continent about 2% to 4% of GDP a year
IMF’s longest-serving FDMD David Lipton to leave position end-February
Search for Lipton’s successor to start shortly
IMF expects lower growth at 2.8% for Middle East, Central Asia in 2020
Saudi Arabia’s decision to extend oil supply cuts is the main reason
IMF spends $520bn annually to finance sustainability: EGX Chairperson
Country branding relates to culture, politics, sports of the people, says Salah Hassan
IMF official urges multilateral cooperation to resolve trade tensions, facilitate integration
“I think in the 75 years during the Bretton Woods period, the cooperation in a spirit of trying to establish rules of the game, ways in which there can be openness and integration, has led to a tremendous period of economic performance,” Lipton said.
Africa is Egypt’s top priority in financial negotiations at IMF, WB’s annual meetings
Meeting wrapped up with high level of Egyptian participation
Egypt, WB agree on boosting infrastructure and digital cooperation
The country is witnessing a quantum leap in to a digitalised society, says Talaat
Nasr participates in the IMF, WB’s 2019 annual meetings
Nasr will take part in a session titled “Jobs and economic transformation in emerging markets” along with five speakers on Friday, according to the IMF website.
Global growth to reach 3% in 2019, slowest pace since 2008 financial crisis: IMF
Three countries, including Egypt, to drive MECA’s growth in 2020, says WEO report
Kristalina Georgieva: meet IMF’s new managing director
Former WBG’s interim president to officially assume her new position on Tuesday
How can Egyptians reap fruits of economic reform?
Egypt embarked on a bold economic reform programme that included the pound flotation, a reduction in fuel and electricity subsidies, imposing taxes including the value-added tax (VAT), all with the aim of trimming the budget deficit.
Egypt’s monetary policy should continue inflation targeting: IMF
High interest rates hinder attracting more FDIs, says GAFI’s former CEO
Egypt’s monetary policy should continue to aim to sustain inflation in line with its medium-term objectives: IMF
CBE’s decision to reduce interest rates reflects favourable inflationary trends, says Lall
Egypt’s GDP grows 5.6%, budget deficit registers 8.2% in FY 2018/19
The ongoing fiscal reforms managed to reduce the budget deficit to 8.2% in FY 2018/19, in continuation to the ongoing down trend from 9.8% in the FY 2017/18 and 12.5% in FY 2015/16.