Tag: COVID-19 Recovery
IMF stress on ‘vaccine cooperation’ for faster global recovery
Strong international cooperation on COVID-19 vaccines could boost the world economic recovery and add $9 trillion to global earnings by 2025, said Kristalina Georgieva,...
G20 agrees to debt relief extension for poor countries
The financial leaders from the biggest economies, Group 20 (G20) have pledged to extend debt relief for the world's poorest countries and continue to...
IMF pushes for unbroken public funding for recovery amid rising debt...
The International Monetary Fund (IMF) has urged central banks and financial institutions across the globe to ignore the prospect of rising debts and continue...
Oil demand set to bounce back by 2025: Opec survey
As countries accelerate efforts to revive economies, the global oil demand is expected to recover higher than before, reaching 103.7 million barrels per day...
ACI, IATA seeks to eliminate passenger quarantine with COVID-19 testing
The Airports Council International (ACI) World and International Air Transport Association (IATA) have joined hands to replace the quarantine measures with strict pre-COVID-19 testing...
Oman bets on SMEs, tourism for economic recovery
According to reports, Oman is banking on its non-oil sectors, including small-to-medium enterprises and tourism, to strengthen the local economy.
For next year, the Oman...
Future of GCC economy promising despite COVID-19: ASI
According to Aberdeen Standard Investments (ASI), a global asset manager, the long-term outlook for MENA-based investors looks remarkably optimistic due to digital acceleration and...
Global economy recovering better than predicted: IMF
The International Monetary Fund (IMF) spokesperson said that the global economic outlook is better than what was expected in June.
Gerry Rice, the spokesperson of...
