COVID-19 could cost estimated $28trn in output losses over next 5 years: Georgieva
Faster progress on medical solutions could speed up post-pandemic recovery, potentially adding…
COVID-19 prompts $11.7trn in fiscal actions, or about 12% of global GDP: IMF
The data was released in an IMF report on Wednesday, entitled “Fiscal…
Some global economies face debt distress, financial instability requiring official support: IMF
Most banks will be able to absorb losses, but there is a…
Egypt`s economy to grow 2.8% in FY 2020/21, versus 3.5% growth estimate in 2019/20: IMF
IMF projects global growth of -4.4%, upward revision of 0.8% compared to…
Global debt-to-GDP to reach 100% in 2020: IMF
IMF provides over $280bn in financing at unprecedented speed and scale to…
Egypt’s real GDP to reach 6.4% in FY 2021/22: IMF
IMF downgrades expectations for Egypt’s FY 2020/21 financing needs to $42bn, up…
Egypt’s real GDP growth projected to reach 6.5% in FY 2021/22: IMF
Inflation expected to jump to about 8% on average in FY 2020/2021,…
IMF expects global goods, services trade to contract 12% in 2020
The report noted that the global volume of goods trade in the…
Egypt least pandemic-hit economically in MENA as damage split over two FYs
Egypt undertook supportive measures for private sector and social, health care, to…
IMF forecasts 5.7% economic contraction across MENA region in 2020
Regional GDP growth to recover to 3.4% in 2021, down from 4.2%…