Rating agency S&P Global affirmed on Friday its ‘B/B’ long- and short-term foreign and local currency sovereign …
International Monetary Fund
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Financial InstitutionsMoney
IMF chief economist rules out a fully recovered global economy from coronavirus crisis by 2021
Global economy, which has been hit hard by the coronavirus pandemic, may not fully recover even by …
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Measures taken by governments worldwide against the coronavirus pandemic, such as health expenditure, tax, and spending supports …
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Financial InstitutionsMoney
IMF: Asian economic growth to halt for first time in 60 years due to coronavirus
Asia’s economic growth will halt for the first time in 60 years due to the coronavirus pandemic, …
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FeatureFinancial InstitutionsMoney
Egypt has not approached IMF for emergency funding to fight coronavirus – official
by Ahmed Aliby Ahmed AliEgypt has not approached the International Monetary Fund (IMF) for emergency financing to help it fight the …
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FeatureFinancial InstitutionsMoney
IMF cuts forecast for Egypt’s 2020 GDP growth to 2% due to coronavirus
by Ahmed Aliby Ahmed AliThe International Monetary Fund (IMF) has trimmed its 2020 forecast for Egypt’s real GDP growth to 2 …
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Financial InstitutionsMoney
IMF cancels debt payments for 25 poor countries battling coronavirus for six months
The International Monetary Fund (IMF) on Monday approved $500 million to cancel six months of debt payments …
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Financial InstitutionsMoney
IMF approves $745 million disbursement to Tunisia to address coronavirus
The International Monetary Fund’s (IMF) Executive Board approved on Saturday a $745 million emergency assistance loan to …
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Financial InstitutionsMoney
IMF chief says coronavirus economic fallout is worse than 2008 global financial crisis
The coronavirus pandemic has sparked an economic fallout “like no other” — one that is “way worse” …
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Financial InstitutionsMoney
IMF unveils $50 billion emergency facilities to help address coronavirus
The International Monetary Fund (IMF) announced on Wednesday about $50 billion rapid-disbursing emergency financing facilities to help …