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International Monetary fund

IMF staff discussed Tunisia loan request, economic reforms

IMF staff discussed Tunisia loan request, economic reforms

  • "Of course we stand ready to support Tunisia and the Tunisian people, to cope with the impact of the crisis and move forward to an inclusive job-rich recovery and restore sustainable finances," Rice told a regular news briefing.
Published 06 May, 2021 08:05pm
Norway's economy to surpass pre-pandemic level this year: IMF
World

Norway's economy to surpass pre-pandemic level this year: IMF

  • In the medium term, the size of the economy is now expected to be only slightly below its original trajectory as seen before the COVID-19 outbreak, it added.
  • "The strong policy response has helped the country to experience one of the lowest infection rates and among the smallest economic contractions in Europe," the IMF wrote.
Published 26 Apr, 2021 06:02pm
IMF, govt discuss situation
Print

IMF, govt discuss situation

ISLAMABAD: The International Monetary Fund (IMF) and Pakistan, on Monday, held discussions on state of economy,...
Updated 13 Apr, 2021 09:27am
Most major Gulf markets gain as financials rise
Markets

Most major Gulf markets gain as financials rise

  • On Sunday, the lender reported its first quarter net profit of 3.3 billion riyals ($906.22 million), down by 7% from a year earlier as it booked 1.4 billion riyals in "precautionary" loan-loss provisions.
Published 12 Apr, 2021 01:43pm
IMF raises most Gulf countries' economic growth forecasts
World

IMF raises most Gulf countries' economic growth forecasts

  • Saudi Arabia's economy, the region's largest, is expected to grow 2.9% this year, up from the 2.6% forecast in January, the IMF said in its latest World Economic Outlook, released this week.
  • Oman saw the biggest positive revision of the Gulf countries, from expectations of a 0.5% contraction this year to a forecast of 1.8% growth.
Published 07 Apr, 2021 05:46pm