IMF

Lebanon’s financial crisis has been aggravated by vested interests resisting crucial reforms, the International Monetary Fund (IMF) said on Thursday, warning that no action could lead the country “down an unpredictable road.” The nearly…

Iraq’s president on Wednesday approved a record $152 billion budget that the parliament voted on earlier this month and which adds about half a million public sector jobs. Iraqi President Abdul Latif Rashid ratified the budget, which has…

International Monetary Fund official Jihad Azour, who has been nominated for the long-vacant Lebanese presidency, has “temporarily relinquished” his responsibilities at the lender, an official at the body said Thursday. “In order to…

Kuwait’s non-oil growth is projected to increase to about 3.8 percent in 2023 on account of a robust expatriate community, the International Monetary Fund has forecast. While overall growth is anticipated to drop to 0.1 percent this…

Tunisia’s foreign minister has hailed “Italy’s clear understanding of the … need to support the … economic recovery underway” in his country. Nabil Ammar was speaking on Friday night at a ceremony in the residence of Italy’s ambassador…

Sick Tunisians face a frantic struggle to find some medicines because the cash-strapped state has reduced imports, leaving doctors unable to control debilitating health problems and patients turning to informal markets for their medication.…

The British economy will avoid falling into recession this year, according to upgraded growth forecasts Tuesday from the International Monetary Fund. In its latest assessment of the UK economy, the Washington-based fund said domestic…

Italy’s Prime Minister Giorgia Meloni on Saturday said the International Monetary Fund should take a “pragmatic” approach to a bailout for Tunisia, in comments to other G7 leaders in Japan. The North African country reached a deal in…

IMF cautions Lebanon on dangerous situation due to unimplemented reforms and advises the government to cease borrowing from the central bank. IMF mission chief, Ernesto Rigo, calls for acceleration in meeting the conditions…

According to a spokesperson for the IMF, the groundwork for the initial evaluation of Egypt's economic reform plan with the organization has started. The spokesperson also mentioned that the dates for the review mission will…