International Monetary Fund (IMF)
Africa needs US$114 bn this year in its fight against coronavirus: IMF
Business
April 18, 2020
Africa needs US$114 bn this year in its fight against coronavirus: IMF
Africa needs an estimated US$114 billion in 2020 as it fights against the coronavirus, leaving a financing gap of around…
Global virus deaths pass 150,000 as Trump says China hiding toll
World
April 18, 2020
Global virus deaths pass 150,000 as Trump says China hiding toll
World coronavirus deaths surged past 150,000 Friday as US President Donald Trump accused China of continuing to cover up its…
Iran asks for billions in loans as virus deaths climb to 429
Middle East
March 12, 2020
Iran asks for billions in loans as virus deaths climb to 429
TEHRAN, Iran (AP) — Iran said Thursday it had asked for an emergency $5 billion loan from the International Monetary…
290 million students out of school as global virus battle intensifies
World
March 5, 2020
290 million students out of school as global virus battle intensifies
Almost 300 million students worldwide faced weeks at home on Thursday with Italy the latest country to shut schools over…
IMF deal seen as only way out for Lebanon
Middle East
March 4, 2020
IMF deal seen as only way out for Lebanon
BEIRUT (Reuters) — The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund…
Egypt’s economy to become sixth strongest in the world by 2030
Economy
February 20, 2020
Egypt’s economy to become sixth strongest in the world by 2030
Economist Talal Abu Ghazaleh, Chairman of Talal Abu-Ghazaleh International Organization, said that Egypt’s economy is set to become the sixth…
IMF experts meet Lebanese PM at start of visit
Middle East
February 20, 2020
IMF experts meet Lebanese PM at start of visit
BEIRUT (Reuters) – A team of IMF experts met Prime Minister Hassan Diab on Thursday at the start of a…
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Business
February 19, 2020
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…
Lebanon finances point to debt restructuring: Fitch Ratings
Middle East
February 19, 2020
Lebanon finances point to debt restructuring: Fitch Ratings
BEIRUT (AP) — Lebanon’s financial situation points to a likely restructuring of the country’s massive debt and financial sector to…
IMF recommends ‘economic program’ to develop Egypt’s private sector
Business
February 15, 2020
IMF recommends ‘economic program’ to develop Egypt’s private sector
The International Monetary Fund (IMF) recommended that Egypt needs a new package of reforms geared towards supporting and developing its…