Tag: IMF
Fitch revises outlook of 6 Saudi banks to ‘Stable’; Affirms rating...
American credit rating agency, Fitch Ratings has revised the outlook of six lenders in Saudi Arabia to stable from negative and affirmed the foreign...
Global CO2 emissions to surge as only 2% is earmarked for...
Global carbon emissions are expected to surge as only 2 percent of COVID-19 stimulus measures are set to power energy transition, according to a...
The global growth rate for this year would remain at 6%;...
The International Monetary Fund’s (IMF) Managing Director (MD) and Chairwoman, Ms. Kristalina Georgieva has stated that the IMF estimates that global growth will be...
Swift action helped fight the pandemic and curbed damage to global...
The cost of the COVID-19 pandemic to the global economy in lost output over the 2020-24 period compared to pre-pandemic projections is $15 trillion...
IMF approves $650bn expansion to combat COVID-19 pandemic
The International Monetary Fund's (IMF) executive board has agreed to a $650 billion expansion in resources to help economically weak countries to combat the...
Tax reforms to be the key agenda at Venice G20 Meet
Finance ministers and central bankers from the Group of 20 wealthy countries will meet in person in Venice for the first time since the...
Saudi’s economy to grow 2.4% in 2021 driven by non-oil sector;...
Saudi Arabia’s immediate response to the COVID-19 pandemic has cushioned the impact on the economy which is now projected to grow by 4.3 percent...
Oman needs strong medium-term plans to address fiscal vulnerabilities; IMF
The International Monetary Fund (IMF) has stated Oman has to develop a strong medium-term plan to minimize fiscal risks and put debt on a...
