COVID-19 taught MENA region importance of economic, structural transformation’s social pillar: IMF
MENA region governments took homogenous measures to cushion slight drop in economic…
Despite pandemic,Egypt’s fiscal outcome, primary surplus acceptable: IMF’s Azour
Drop in oil prices beneficial for Egypt, reducing import burden, says IMF’s…
Mahmoud Mohieldin elected to represent Egypt, Arab Group at IMF
Mohieldin nomination came after an agreement between the 11 Arab Group members…
IMF maintains Egypt forecast as only MCD country with positive 2020 growth
Egypt’s reform programme significantly contributed to improving general economic indicators, says Jihad…
2021 debt-to-GDP to reach around 65% in emerging markets: IMF
Georgieva mentioned that where debt is unsustainable, it should be restructured without…
Emerging, developing countries need estimated $2.5trn to meet needs: IMF
G24 calls for increased debt transparency, focus on growing financing needs of…
IMF’s 2021 growth projections for MENA worse than global average: Georgieva
More troubling, however, is the fund’s projections for 2021, which will see…
COVID-19 could cost estimated $28trn in output losses over next 5 years: Georgieva
Faster progress on medical solutions could speed up post-pandemic recovery, potentially adding…
COVID-19 prompts $11.7trn in fiscal actions, or about 12% of global GDP: IMF
The data was released in an IMF report on Wednesday, entitled “Fiscal…
Some global economies face debt distress, financial instability requiring official support: IMF
Most banks will be able to absorb losses, but there is a…