Pakistan to get $3 bln preliminary agreement from IMF
Pakistan has reached a preliminary deal with the International Monetary Fund (IMF) of three billion dollars, to…
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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.
Argentina to pay its IMF debt with yuan due to dollar shortage
For the first time, Argentina paid $2.7 billion to the International Monetary Fund (IMF) in a payment that came in…
IMF’s deputy MD visits Egypt to discuss economic reform
The International Monetary Fund (IMF)’s Deputy Managing Director, Antoinette Sayeh is visiting Egypt for the first…
Fitch downgrades Tunisia’s rating to CCC-
Fitch Ratings downgraded Tunisia’s credit rating from CCC+ to CCC- on Friday, amidst economic uncertainty and…
Egyptian government concludes 10% stake sale deal of Telecom Egypt for EGP 196mln
The Egyptian Stock Exchange (EGX) announced on Sunday the completion of a 196 million Egyptian pound deal for a ten…
UK economy to avoid recession- IMF forecast
The UK economy is expected to grow by 0.4 percent in 2023, avoiding a recession, the International Monetary Fund…
AfDB aims to expand discussion with IMF over SDRs, debt relief
The African Development Bank’s (AfDB) chairman praised that it is important to expand the discussion around debt…
AfDB working to secure $3bln to compensate Zimbabwe’s white farmers
The African Development Bank Group (AfDB) had developed the financial tools required to pay $3 billion in…
IMF, Jordan reach staff-level agreement
The International Monetary Fund (IMF) has reached a staff-level agreement with Jordan to bring the fund’s…
Global economy to grow by 2.3% in 2023- UN
Global economic growth is predicted to reach 2.3 percent in 2023 and 2.5 percent in 2024, the United Nations stated…