UAE President meets IMF Managing Director in Abu Dhabi
MENA Newswire, ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Kristalina Georgieva, Managing Director of the International Monetary Fund, at Qasr Al Shati in Abu...
Tag : IMF
IMF provides $24B in interest-free loans to low-income countries during pandemic
The International Monetary Fund (IMF) has provided over $24 billion in interest-free loans to more than 50 low-income countries since the COVID-19 pandemic. The resource...
A third of world economies will be in recession by 2023 – IMF chief
The International Monetary Fund (IMF) chief Kristalina Georgieva warns that this year will be tougher on the global economy than last year. In a CBS...
Debt forgiveness by late 2023, IMF staff agreement with Somalia
A team from the International Monetary Fund (IMF) reached an agreement with Somalia that will allow the release of about $10 million to that country...
Asian central banks have been urged by the IMF to tighten policy further
The International Monetary Fund has stated that most Asian central banks must tighten monetary policy further. This is because rising commodity prices and their currencies’...
Emergency aid of $160 million to be sought by the UN for Pakistan floods
It is anticipated that the United Nations (UN) and Pakistan will appeal on behalf of the nearly half a million displaced persons as a result...
Indian economic growth is expected to be 7.4 percent this year and next
Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International Monetary Fund (IMF) and World Bank...
Preliminary agreement between Sri Lanka and the IMF is expected
In a statement, the head of Sri Lanka’s central bank said that he hopes that the government can reach a preliminary agreement with the International...