#IMF
29 articles with this tag
EconomyIMF and Lebanon Deepen Talks on Banking Overhaul Amid Reform Hurdles
The International Monetary Fund (IMF) and Lebanese officials are engaged in new talks focused on restructuring the banking sector, a key step towards securing a new agreement. Progress remains challenged by disagreements over a law distributing financial losses.
EconomyAsia's Economic Ascendancy: The Future is Now, Data Confirms Global Shift
Data from the IMF's World Economic Outlook confirms that the rise of Asia and other developing economies is no longer a future prospect but a present reality, evident in global production and growth. While economic weight has shifted, realizing widespread prosperity will depend on strategic investments and policy choices.
EconomyIMF Aims for December Deal on Egypt's Economic Program Review
The International Monetary Fund (IMF) is in Egypt this week to finalize talks for a staff-level agreement on the country's economic program, aiming for executive board approval by mid-December. This review is crucial for the final disbursement of approximately $2.3 billion.
EconomyIMF Expert Jihad Azour on Historic Oil Shock and Gulf's Path to Economic Resilience
The IMF's Jihad Azour discusses the unprecedented oil shock from the Iran conflict, noting the region's resilience due to economic diversification. He also touches on AI investments, regional trade routes, and economic outlooks for Iran, Iraq, Syria, Lebanon, and Egypt.
EconomyIraq Proposes Record Budget Amidst Severe Financial Crisis and Economic Contraction
Iraq's proposed 2027 budget, the largest in its history, is facing criticism for being detached from the country's severe financial crisis and economic contraction, despite record spending allocations.
EconomyBangladesh's Per Capita GDP Poised to Surpass India's: Understanding the Economic Shift
The IMF projects Bangladesh's per capita GDP to surpass India's this year, despite India's larger overall economy. This shift highlights Bangladesh's economic success, driven by its garment industry and remittances, though challenges like inflation and unequal growth persist.
EconomyIMF Warns of 4.8% Gulf Economic Contraction in 2026 Amidst Iran War's Impact on Energy Exports
The IMF forecasts a 4.8% contraction in Gulf economies for 2026 due to the Iran war impacting energy exports, with a rebound expected in 2027. The conflict is also affecting non-oil activity and eroding financial buffers.
PoliticsLebanon's Fight for Sovereignty: Reclaiming Control Over Finance and Force
Lebanon faces a critical juncture in its fight for sovereignty, needing to regain control over both its financial system and security apparatus. Economic reform is intrinsically linked to state authority, and the upcoming Financial Stabilisation and Depositor Recovery Law will be a key test.
EconomyAbu Dhabi to Host Prestigious 2029 World Bank and IMF Annual Meetings
The UAE has officially signed an agreement to host the 2029 annual meetings of the World Bank and IMF in Abu Dhabi, highlighting growing international confidence in its financial ecosystem. This event will bring together global leaders to discuss economic stability and development.
EconomyIMF Chief Warns Poorer Nations Face Dire Straits from Inflation and War Spillovers
The IMF is urging support for poorer nations facing significant economic challenges due to high inflation, rising debt, and the spillovers from ongoing conflicts, according to Managing Director Kristalina Georgieva.
EconomyIMF Bolsters Support for Iraq and Lebanon Amid Growing Regional Assistance Efforts
The IMF is accelerating talks with Iraq and Lebanon to provide financial and policy support, as part of broader efforts to assist vulnerable nations in the Middle East and North Africa. Both countries face significant economic challenges, with the IMF expressing confidence in reaching program agreements.
EconomyIMF Boosts Egypt's Economic Growth Forecast to 4.7% for 2027 Amidst Reform Success
The International Monetary Fund (IMF) has raised its economic growth forecast for Egypt to 4.7% for 2027, citing successful economic and fiscal reforms. The Minister of Finance highlighted improvements in fiscal performance and a commitment to reducing external debt.
EconomyEgypt and Syria Deepen Economic Ties: Ministers Meet at IMF/World Bank Gatherings
Egyptian Foreign Minister Badr Abdelatty and Syrian Finance Minister Mohammed Yisr Barnieh met in Bangkok to discuss strengthening bilateral economic and financial cooperation. The meeting occurred during the IMF and World Bank annual meetings, with both sides reaffirming historical ties and discussing future collaboration.
EconomyUAE's Ali Alhosani Makes History as First Emirati Executive Director at the International Monetary Fund
Ali Alhosani has been elected as the first Emirati executive director at the International Monetary Fund (IMF), a significant achievement for the UAE. This appointment highlights the nation's growing global economic influence and its commitment to leadership in international financial organizations.
TechnologyIMF and World Bank Unveil 'Bangkok Blueprint' to Combat Global Online Financial Fraud
The International Monetary Fund and World Bank have introduced the 'Bangkok Blueprint,' a global roadmap with 12 policy considerations to help countries combat sophisticated online financial fraud, a growing problem particularly in Asia.
EconomyG20 Finance Leaders Convene in Bangkok Amid Global Economic Uncertainty Fueled by Middle East Conflict
G20 finance ministers and central bank governors are meeting in Bangkok amid global economic uncertainty, largely due to the US-Israel war on Iran. The discussions are expected to focus on the conflict's economic fallout, including rising energy prices and global debt levels.
EconomyIMF Warns of Narrowing Defenses Against Iran War's Economic Fallout
An IMF official warned that economic buffers against the Iran war's impact are diminishing, increasing regional uncertainty despite current mitigation efforts. While some economies have shown resilience, prolonged conflict poses significant risks.
EconomyIMF Warns of Global Economic Strain from Depleted Oil Reserves and Soaring Debt
The IMF warns that declining emergency oil reserves and rising global debt levels, coupled with geopolitical tensions, pose a significant threat to economic resilience. The report highlights vulnerabilities in energy markets and potential risks from AI stock market fluctuations.
EconomyIMF Forecasts Economic Contraction for Middle East and Central Asia in 2026 Amid War Fallout
The IMF forecasts the Middle East and Central Asia's economy to contract by 0.3% in 2026, a significant downgrade from previous projections, due to war fallout and shipping disruptions. Several countries, including Kuwait and Qatar, are expected to face severe economic contractions.
EconomyGlobal Economic Instability Looms: IMF Flags Risks as Gulf Recovery Depends on Hormuz Strait
The IMF has warned of significant global economic risks, with the Gulf's recovery tied to the Hormuz Strait's stability. The article also touches on airport security threats, a Riyadh airport attack, and celebrity news.
EconomyIMF Urges UK to Maintain Fiscal Discipline, Warning of Inflation Risks Ahead of First Budget
The IMF has warned the UK economy to maintain fiscal discipline and limit cost-of-living support to avoid reigniting inflation, just weeks before Chancellor John Healey presents his first budget. The fund also highlighted concerns over energy prices and the need to address a significant deficit.
EconomyMiddle East War and Soaring Debt Loom Over IMF and World Bank Meetings in Bangkok
Global finance officials are convening in Bangkok for the IMF and World Bank meetings under the pressures of the Middle East conflict, rising public debt, and global economic challenges.
EconomyGlobal Central Bankers Return to Hawkish Stance as New Inflationary Pressures Hit IMF and World Bank Meetings
Finance ministers and central bankers gather for the IMF and World Bank annual meetings in Bangkok amid a renewed wave of global inflation driven by energy shocks and rising debt.
EconomyHow Guyana's Massive Oil Boom is Transforming the Global Energy Market and Its Economy
Guyana is rapidly emerging as a major global oil supplier and one of the world's fastest-growing economies amid international energy market disruptions. Driven by massive offshore discoveries and billions in investments, the country is boosting global energy security.