Middle Eastern and North African equities plunged between October 10 and 16 in a regional dip that was big, widespread and not caused by anything local or even a real…
IMF
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The proposed salary scale introduces an increase in spending of roughly $1.4 billion in public sector salaries. These funds will come from various taxation schemes, one of the most controversial…
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Despite serving 25 years with the International Monetary Fund (IMF), Mounir Rached bucks the stereotype of the cosseted economist for whom statistics are sacrosanct. Although his new office in the…
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When Lebanon’s central bank announced a stimulus package in January, it was largely welcomed. But for the critics the main concern was inflation — more money in the economy would…
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Economics and Policy The International Monetary Fund has further cut its growth prediction for Lebanon to 2 percent. More from The Daily Star The UAE economy will continue to…
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Economics and Policy The IMF and the Tunisian government have reached agreement on a $1.78 billion precautionary loan which will be announced later today. More from Reuters Bank employees…
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Economics and Politics Egypt hopes to finalise a $4.8 billion loan agreement with the International Monetary Fund this month. More from Khaleej Times Egypt aims to boost its foreign…
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Economics and Politics A delegation from the IMF is due to arrive in Egypt on Wednesday for talks with the government on a $4.8bn loan, a government spokesman said on…
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Economics Egypt’s bourse recovered on Wednesday from a four-week low as bargain hunters shrugged off political unrest. More from Reuters The International Monetary Fund called on Lebanon to implement…
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Lebanon first fell into the crosshairs of the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) in 2011. Pressure from OFAC — effectively the world’s anti-money…