Thursday 25 May 2017
 
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IMF

Saudi 'making good progress in boosting private sector'

Saudi Arabia is making good progress in identifying and reducing obstacles to private sector growth and a large, sustained fiscal adjustment is needed to achieve budget balance over the medium term, an IMF report said.   

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UAE economic growth set to rebound: IMF

The UAE is adjusting well to the new oil market realities and the country's economic growth is set to rebound, said an International Monetary Fund (IMF) mission. The IMF mission, led by Natalia Tamirisa, visited the UAE from A

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Mideast growth to stay at 2.6pc says IMF

The Middle East, North Africa, Afghanistan and Pakistan (MENAP) region’s economic growth is expected to remain at 2.6 per cent for 2017, rising to 3.4 per cent in 2018, compared to estimated global growth of 3.5 per cent and 3.6 per cent,

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Mideast growth to stay at 2.6pc says IMF

The Middle East, North Africa, Afghanistan and Pakistan (MENAP) region’s economic growth is expected to remain at 2.6 per cent for 2017, rising to 3.4 per cent in 2018, compared to estimated global growth of 3.5 per cent and 3.6 per cent,

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UAE takes part in IMF, World Bank meetings

The UAE, represented by the Ministry of Finance (MoF), is participating in the 2017 spring meetings for the International Monetary Fund (IMF) and World Bank Group (WBG) which will be held from April 21-23 in Washington DC. Obaid H

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World economic outlook: Gaining momentum?

With buoyant financial markets and a long-awaited cyclical recovery in manufacturing and trade under way, world growth is projected to rise from 3.1 per cent in 2016 to 3.5 per cent in 2017 and 3.6 per cent in 2018, the IMF said in its latest Wo

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Oil likely to hover at around $55 in 2017-2018: IMF

The International Monetary Fund (IMF) expects global oil prices to keep at around $55 per barrel in 2017-2018, according to the latest World Economic Outlook report released on Tuesday. The average price of crude oil amounted to $

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Sustaining growth in less supportive environment

It is quite likely you are reading this on a smartphone or tablet assembled in an emerging market economy. The beverage beside you could well be tea grown in Sri Lanka or Kenya. And there is a chance that you are —or soon will be—on

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Dubai trade volumes grow 8.2pc in 2016

Dubai's trade volumes grew a healthy 8.2 per cent in 2016, compared to the previous year, despite a challenging macroeconomic environment which impacted global trade, reflecting the resilience of the Emirate's economy. Dub

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Reforms will help UAE adjust to lower oil price: IMF chief

Gradual fiscal consolidation and vigorous implementation of structural reforms in the UAE, including those underlying Vision 2021, will help the economy adjust to the lower oil price environment, promote further economic diversification, and boo

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