Tag Archives: IMF

The International Monetary Fund (IMF) revised its growth forecasts for the Middle East and Central Asia as economies were affected by worse than expected oil crisis and Covid-19 pandemic, according to Reuters. The region, which includes about 30 countries from Mauritania to Kazakhstan, will see real GDP drop by 4.7% …

The International Monetary Fund (IMF) is warning against rising debt in both emerging and developed economies due to stimulus spending amid the COVID-19 crisis. The IMF is urging enhanced fiscal reform in many countries after the pandemic ends, said its Deputy Managing Director Mitsuhiro Furusawa on Wednesday, as cited by …