Wednesday 2 September 2015
 
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Global growth likely to be weaker: IMF

Global economic growth this year is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations.

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Global growth likely to be weaker: IMF

Global economic growth this year is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations.

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UAE seeking consensus with neighbours on VAT

The United Arab Emirates and its neighbours are working towards introducing value-added tax (VAT) in the region but don't yet have a consensus on tax rates and exemptions, the finance ministry said on Tuesday. "If the GCC

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IMF presses Europe to provide debt relief for Greece

The International Monetary Fund on Thursday pressed Europe to come forward with debt relief for Greece, saying it would only make a decision on providing further financing for Athens after steps are taken to make its debt burden more sustainab

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IMF ‘cannot join Greece bailout talks now’

The International Monetary Fund (IMF) can participate in discussions over the latest financial rescue for Greece but cannot officially join the talks until after the fiscally beleaguered nation has agreed to comprehensive reforms, the Financ

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Greek bailout talks pushed back on logistics

Talks between Greece and its international creditors over a new bailout package will be delayed by a couple of days because of organisational issues, a finance ministry official said on Saturday. The meetings with officials from t

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Next IMF boss likely to come from outside Europe

The next managing director of the International Monetary Fund is likely to come from outside Europe when current leader Christine Lagarde eventually leaves, the deputy head of the Washington-based fund said in an interview broadcast on Saturday.

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IMF plans $400bn for sustainable development goals

The multilateral development banks (MDBs) and IMF have signaled plans to extend more than $400 billion in financing over the next three years and vowed to work more closely with private and public sector partners to help mobilise the resources n

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EU, IMF agree new Greek bailout request

European Union (EU) and IMF officials have given euro zone governments a positive assessment of Greece's request for a new bailout, a source close to the matter said, making it likely they will agree on Saturday to open talks on lending Athe

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IMF lowers global growth forecasts, cites US weakness

The International Monetary Fund trimmed its forecast for global economic growth for this year to take into account the impact of recent weakness in the United States. But the global financial institution said growth prospects for

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