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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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.
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…
Pakistan’s stock market surges on IMF loan deal
Pakistan's stock market surged on Monday as the KSE 100 index reached a record high, rising 1.44 per cent following…
IMF: Egypt review delay not unusual
The International Monetary Fund’s (IMF) postponement of the third review of Egypt’s economic reform programme “is…
French GDP growth to reach 1.3% by ’25 – IMF
The French economy will see growth gradually increase to 1.3 per cent by 2025, starting at 0.9 percent in 2024,…
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…
Zimbabwe growth downgraded as severe drought weighs on
Zimbabwe has downgraded its 2024 economic growth forecast to 2 per cent from 3.5 per cent, due to an El…
IMF approves $60m for Mozambique
The International Monetary Fund (IMF) has completed its Fourth Review under Mozambique’s Extended Credit Facility…
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…
Jordan’s GDP grows 2% in Q1 ’24
Jordan's gross domestic product (GDP) surged by 2 per cent at constant prices during the first quarter of 2024…
