URGENT: Egypt’s GDP to grow 2.7% in 2024, 4.1% in 2025 in IMF new forecast
Egypt’s economy will grow by 2.7 per cent and 4.1 per cent in 2024 and 2025, respectively, the International…
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IMF
Kenya cuts ’25 spending, deficit rises
Kenya's government plans to cut 2024-25 spending by 1.9 per cent and widen the fiscal deficit to 3.6 per cent of…
IMF: Egypt review delay not unusual
The International Monetary Fund’s (IMF) postponement of the third review of Egypt’s economic reform programme “is…
Argentina’s c. bank to sell dollars in parallel market
Argentina's central bank will begin selling US dollars in the country's parallel foreign exchange markets on…
IMF to mull cutting fees on major borrowers
The International Monetary Fund (IMF) is set to discuss reducing fees for its largest borrowers amid concerns over…
Asia’s factories gain momentum amid strong global demand
Asia's factory activity grew in June due to strong global demand and improved semiconductor production outlook.
IMF approves $928m disbursement for Bangladesh
The IMF approved a disbursement of $928 million to Bangladesh under its Extended Credit Facility and Extended Fund…
Sri Lanka nears debt restructuring deal
Sri Lanka is close to sign debt restructuring agreements with Japan and India on Wednesday.
IMF approves $336m disbursement for Sri Lanka
The International Monetary Fund (IMF) approved a $336 million disbursement to Sri Lanka, marking a positive step in…
IMF expects China to reschedule Argentina’s $18b debt repayments
The International Monetary Fund (IMF) expects China to reschedule payments on a portion of its $18 billion swap…