IMF foresees EU ’25 GDP growth at 1.8%
The International Monetary Fund (IMF) released a new report forecasting steady economic growth for the European…
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International Monetary Fund (IMF)
International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity.
IMF: Egypt’s GDP to grow 3% in 2024, 4.4% in 2025
Egypt’s economy will grow by 3.0 per cent in 2024, slower than previously forecast, the International Monetary Fund…
WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
The World Bank (WB) upgraded its forecast for Sri Lanka's economy, predicting 2.2 per cent growth in 2024 as the…
Asia factory activity slumps in March
Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
URGENT: IMF board approves expanded $8 billion loan deal
The International Monetary Fund’s (IMF) executive board has approved the the augmentation of the current loan…
Saudi Cabinet approves deal to launch IMF regional office in Riyadh
Saudi Arabia's Cabinet approved on Tuesday an agreement to set up a regional office for the International Monetary…
IMF, Pakistan reach $1.1b staff-level agreement
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan for a $1.1 billion…
World Bank announces more than $6b support package for Egypt
The World Bank announced on Monday plans to provide more than $6 billion in support to Egypt throughout the coming…
Pakistan’s c. bank holds rate steady at 22%
Pakistan's central bank maintained its key interest rate at 22 per cent for the sixth consecutive policy meeting on…
Pakistan’s c. bank likely to keep rates unchanged
Pakistan's central bank is expected to maintain its key interest rate at a record 22 per cent for the sixth…