Latest in Tag: International Monetary Fund Highlight
Latest in Tag: International Monetary Fund
Road to recovery in Middle East, Central Asia hinges on containment measures, access to and distribution of vaccines, among other aspects
Financial organisation maintains forecasts for growth in Middle East, Central Asia at 3% in 2021, raising forecast for 2022 to 4.2%
Combining steadily rising carbon prices with green infrastructure push can boost global GDP over next 15 years by about 0.7%: Kristalina Georgieva
Ensuring sustainable, inclusive recovery post-COVID-19, reversing divergence between rich and poor countries are main 2021 priorities, says Kristalina Georgieva
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.
One minus refers to inequality in access to technology
COVID-19 crisis is about disruption and acceleration, says IMF regional director
Faster progress on medical solutions could speed up post-pandemic recovery, potentially adding almost $9trn to global income by 2025, says IMF head
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
Financing from Egypt’s international partners will be critical for key reform objectives, ensure reform success
Washington backs Egypt’s request for emergency financial assistance from IMF
Government is looking to continue with economic reforms and development plans despite global slowdown
The across-the-board economic declines have hit these countries particularly hard, with governments having to spend heavily on health and social protections.
Egypt supports affected firms in tourism, exporting sectors, says report
Global economy to contract 3% in 2020 due to COVID-19: WEO
Deep European recession this year is foregone conclusion
Power shortages cost the continent about 2% to 4% of GDP a year
Search for Lipton’s successor to start shortly
Saudi Arabia’s decision to extend oil supply cuts is the main reason
Country branding relates to culture, politics, sports of the people, says Salah Hassan
“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.
Meeting wrapped up with high level of Egyptian participation
The country is witnessing a quantum leap in to a digitalised society, says Talaat
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.
Three countries, including Egypt, to drive MECA’s growth in 2020, says WEO report
Former WBG’s interim president to officially assume her new position on Tuesday
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.
High interest rates hinder attracting more FDIs, says GAFI’s former CEO
CBE’s decision to reduce interest rates reflects favourable inflationary trends, says Lall
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.