Friday 23 February 2018
 
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IMF

IMF-Arab Fund forum calls for development action

The IMF Middle East Center for Economics and Finance (CEF) in Kuwait, jointly with the Arab Fund for Economic and Social Development (AFSED), held a high-level symposium that discussed economic policies to achieve inclusive development in the Ar

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Public finance forum focus on revenue strategy

The upcoming Third Forum of Public Finance in the Arab States in Dubai will discuss the challenges faced by policymakers in terms of strategies to increase revenues and enhance the efficiency of spending in light of current developments.

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IMF raises Saudi economic growth forecasts

The IMF in its World Economic Outlook report has raised Saudi Arabia’s 2018 and 2019’s growth forecasts to 1.6 per cent and 2.2 per cent respectively (50bps and 60bps higher than the previous estimates), owing to the recent rally in

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'Arab world holds enormous promise'

The Arab world and other countries in the region hold enormous promise, including a young and talented population, a rich culture and history, and resource-abundant economies, said a statement by The International Monetary Fund (IMF), the Arab F

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Global growth forecast revised up; to hit 3.9pc, says IMF

Global economic activity continues to firm up with global output estimated to have grown by 3.7 percent in 2017, which is 0.1 percentage point faster than projected in the fall and ½ percentage point higher than in 2016, said IMF's

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Kuwait non-oil growth set to rise to 4pc: IMF

Kuwait’s non-oil growth is projected to increase gradually to about 4 per cent driven by accelerated project implementation under the 5-year development plan and improved confidence, said the International Monetary Fund (IMF).

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Egypt inks $2bn IMF loan agreement

Egypt government has reached a staff-level agreement with the International Monetary Fund (IMF) for an installment of about $2 billion more from a three-year, $12 billion loan programme to push through its ambitious economic reforms under the lo

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IMF forecasts UAE growth to triple in 2018

The International Monetary Fund (IMF) expects the United Arab Emirates’ economic growth to nearly triple next year as the country’s capital Abu Dhabi, benefits from an expected recovery in oil prices, a report said. Th

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Saudi reforms begin to bear fruit says IMF chief

Saudi Arabia has made good progress in initiating its ambitious reform agenda and fiscal consolidation efforts are beginning to bear fruit, IMF Managing Director Christine Lagarde has said.   In a statement issue

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Arab GDP up 2.9pc in 2016 due to oil price hike

The Arab Gross Domestic Product last year increased to 2.9 per cent from 2.5 per cent in 2015 driven by oil price hike, according to state news agency Wam.   The growth was mainly due to a set of economic reforms emb

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