Mahmoud Mohieldin elected to represent Egypt, Arab Group at IMF
Mohieldin nomination came after an agreement between the 11 Arab Group members…
IMF maintains Egypt forecast as only MCD country with positive 2020 growth
Egypt’s reform programme significantly contributed to improving general economic indicators, says Jihad…
2021 debt-to-GDP to reach around 65% in emerging markets: IMF
Georgieva mentioned that where debt is unsustainable, it should be restructured without…
Emerging, developing countries need estimated $2.5trn to meet needs: IMF
G24 calls for increased debt transparency, focus on growing financing needs of…
IMF’s 2021 growth projections for MENA worse than global average: Georgieva
More troubling, however, is the fund’s projections for 2021, which will see…
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…