Tag: IMF
MENA region needs urgent action to tackle COVID-19; IMF
The International Monetary Fund (IMF) has urged energy-rich Middle East and North African (MENA) countries to expedite reforms and diversification efforts as they continue...
World Bank should focus on poorer nations; Development Committee
By June 2021, the World Bank should step forward its efforts to include $160 billion in coronavirus assistance and to consider potential emergency funding...
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...
IMF revises Gulf economic forecast; Shares better prospects for Saudi
The International Monetary Fund (IMF) has revised its earlier projections of the real gross domestic product (GDP) for most of the Gulf nations.
The new...
IMF underscores vital role of public investment in post-pandemic world
According to the International Monetary Fund (IMF), public investment is vital for restarting economic growth, helping the global economy rebound from the worst recession...
Arab labor sector hit the worst by COVID-19: ILO
As per the International Labour Organization (ILO), the coronavirus has affected the Arab world's labor market more seriously than other regions.
ILO Director-General Guy Ryder...