Developing countries need new reforms to boost growth and curb emissions, IMF says
Fresh policies on management, business regulation and trade can raise economic output by up to 8% in four years while supporting decarbonisation efforts
September 25, 2023, 1:00 PM
IMF and World Bank to go ahead with Morocco annual meetings despite earthquake
Global institutions say they will adapt the content to the circumstances after tremor that killed 3,000 people
September 19, 2023, 4:57 AM
IMF and World Bank to decide on Monday if meetings in earthquake-hit Morocco will go ahead
The UN agency has agreed to provide a $1.3billion loan to bolster the country's resilience to climate-related disasters
September 16, 2023, 9:37 AM
Global debt declined to $235 trillion in 2022 but stayed above pre-Covid level, IMF says
Total debt stood at 238% of global GDP last year as public debt remained stubbornly high
September 13, 2023, 1:00 PM
IMF and World Bank pledge stronger collaboration on climate change
The two entities also plan to strengthen co-operation in areas of debt and digital transition
September 07, 2023, 6:14 PM
Saudi Arabia's growth outlook positive on non-oil economic momentum, IMF says
Kingdom has continued structural and fiscal reforms while keeping inflation in check
September 06, 2023, 12:34 PM
Pakistanis in UAE send more money to support families facing higher electricity bills
Demonstrators have taken to Pakistan's streets in protest over soaring utility bills and high food prices
August 31, 2023, 5:46 AM
Fossil fuel subsidies surged to record $7tn in 2022, IMF says
Consumers did not pay for more than $5 trillion of environmental costs last year, fund says
August 24, 2023, 1:00 PM
Lack of reforms and financial crisis to hamper Palestinian economic growth, IMF says
Worsening political and security situation, persistently high unemployment and poverty is adding to macroeconomic fragilities
August 23, 2023, 10:49 AM
Lights back on in Lebanon after Prime Minister promises payment
Latest power cut caused by build-up of overdue fees
August 17, 2023, 4:26 PM
Oman records budget surplus of $1.7 billion in first half of 2023
The country's net oil revenue rose 2% year-on-year during the first six months
August 13, 2023, 1:48 PM
IMF raises outlook for global economy but challenges still cloud the horizon
Priority for most economies remains to achieve sustained disinflation while ensuring financial stability
July 25, 2023, 1:00 PM
US dollar's rise to 20-year high last year disproportionately affected emerging markets
IMF says greenback's appreciation had serious implications for the world economy, although the spillover effect on advanced economies was much smaller
July 19, 2023, 1:00 PM
UAE Central Bank and IMF explore co-operation in green financing ahead of Cop28 meeting
They also discussed ways to improve the integrity of the financial system and support global economic growth
July 19, 2023, 11:48 AM
Pakistan's Prime Minister Shehbaz Sharif to step down before term ends next month
He will finish after Islamabad secured critical $3 billion IMF bailout last week
July 17, 2023, 7:47 AM
Sri Lankans in UAE speak of keeping the lights on back home amid crisis
More than 150,000 have headed overseas, mainly to the GCC, this year alone after economic collapse that forced removal of Gotabaya Rajapaksa as president
July 16, 2023, 10:18 AM
Bahrain's economy on strong footing after growing at fastest pace in a decade, IMF says
Non-oil sector expected to grow by 3.3% in 2023, while overall economic growth is projected to stabilise at 2.7% over the medium term
July 12, 2023, 7:05 AM
IMF approves $890 million funding tranche for Ukraine
Washington-based lender has upgraded country's 2023 growth forecast to between 1% and 3% as domestic demand recovers
June 30, 2023, 6:38 AM
Pakistan reaches staff-level agreement with IMF for $3bn in funding
Nine-month arrangement is subject to the approval of the Washington-based lender's board
June 30, 2023, 3:52 AM
Pakistan budget could secure $6.7bn bailout as central bank raises interest rates
Parliament approved an amended budget on Sunday amid talks with the International Monetary Fund
June 26, 2023, 1:44 PM