Business
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Economy
4/13/2023 5:23:35 PM
During the IMF and World Bank Group’s spring meetings in Washington DC, Ahram Online interviewed the Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour.
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World
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Region
4/13/2023 2:29:12 PM
Italian Foreign Minister Antonio Tajani said Thursday that the International Monetary Fund (IMF) should approve an initial, unconditional bailout package for Tunisia, with further payments dependent on reforms.
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Business
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Economy
4/12/2023 9:53:49 PM
Developing countries, including Egypt, have to reduce energy subsidies as the quickest way to achieve savings amid the ongoing global challenges and also amid the oil production reduction, the Deputy Director of Fiscal Affairs Department at the International Monetary Fund (IMF) Paolo Mauro told Ahram Online.
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Al-Ahram Weekly
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Egypt
4/12/2023 2:48:00 PM
“Despite surprisingly resilient labour markets and strong consumer demand, despite the uplift in China, we expect the world economy to grow less than three per cent this year,” said Kristalina Georgieva, managing director of the IMF, in the course of this week’s spring meetings of the World Bank Group and IMF. The meetings in Washington DC reviewed the repercussions of the Russian-Ukrainian conflict on the global economy.
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Business
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Economy
4/12/2023 2:37:35 PM
Global government debt is on track to reach levels not seen since the height of the Covid-19 pandemic, the International Monetary Fund (IMF) warned on Wednesday.
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Business
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Economy
4/12/2023 2:13:13 PM
Egypt's general government gross debt is projected to reach 92.9 percent of GDP in 2023, read a Fiscal Monitor report by the International Monetary Fund (IMF). This would be the highest ratio since 2018, when it stood at 87.9 percent.
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Business
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Economy
4/12/2023 12:14:44 AM
The underlying drivers of historically-high global inflation could persist until 2025, the International Monetary Fund's chief economist told AFP on Tuesday.
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Business
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Economy
4/11/2023 7:47:35 PM
Deputy Director of the Research Department at the International Monetary Fund (IMF) Petya Koeva Brooks said on Tuesday that the fund downgraded the growth forecast for Egypt in 2023 due to the impact of high financing costs and the depreciation of the Egyptian pound.
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Business
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Economy
4/11/2023 4:03:44 PM
The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.
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Business
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Economy
4/11/2023 3:08:52 PM
The International Monetary Fund (IMF) has revised down Egypt’s expected real GDP growth for the second time since October, according to the World Economic Outlook (WEO) report the fund released on Tuesday.
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Business
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Economy
4/10/2023 11:36:51 AM
The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability.
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Business
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Economy
4/6/2023 6:39:17 PM
The International Monetary Fund chief said Thursday the world economy is expected to grow less than 3% this year, down from 3.4% last year, increasing the risk of hunger and poverty globally.
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World
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Region
4/6/2023 5:57:01 PM
Tunisian President Kais Saied on Thursday rejected "foreign diktats" from the International Monetary Fund, which is in stalled talks with the heavily indebted country over a bailout package.
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Business
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Economy
4/5/2023 4:00:54 PM
Growing geopolitical fragmentation around the world, including the US-China trade war and the Russian invasion of Ukraine, could cut global growth by two percent, the International Monetary Fund said Wednesday.
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Business
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Economy
4/2/2023 5:50:56 PM
Egypt’s external debt rose by 5.1 percent in the fourth quarter (4Q) of 2022, reaching $162.94 billion compared to 154.94 billion recorded in the previous quarter, according to recent data published by the Ministry of Planning and Economic Development.
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World
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War in Ukraine
3/31/2023 9:39:49 PM
The International Monetary Fund has approved a $15.6 billion support package for Ukraine to assist with the conflict-hit country's economic recovery, the fund said in a statement Friday.
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World
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Region
3/30/2023 1:32:29 PM
Cash-strapped Lebanon has scrapped a deal for a second terminal at Beirut's international airport, the transport minister said Thursday, after critics raised transparency concerns in the $122 million project.
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Business
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Economy
3/30/2023 11:31:32 AM
Egypt has adjusted its real GDP growth rate target for FY2023/24 down to 4.1%, from the previously targeted 5.5% in December, announced Finance Minister Mohamed Maait.
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World
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International
3/28/2023 11:26:19 PM
Pakistan announced Tuesday it will not participate in this week's US-led Summit for Democracy, a move seen in part as an effort by the impoverished Islamic nation to assuage longtime ally China, which was not invited.
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World
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Region
3/27/2023 6:09:56 PM
Tunisia on Monday called for a "constructive discourse" from the European Union after a string of leaders warned the country is facing a crisis that could impact the 27-member bloc.
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