IMF | Egypt Oil & Gas - Part 7
Angola Projects Economic Decline Due to Low Oil Prices
Angola’s Finance Ministry has halved its economic growth forecast for this year and decreased government’s expenditure amid the fall of oil prices which affected the state revenues, Reuters reported. This ...
Iraq Approved IMF Measures to Unlock Loans
Iraq has approved measures requested by the International Monetary Fund to unlock loans that should help the country overcome a cash crunch caused by declining oil revenue, Reuters reported. As the OPEC nation sought ...
Egypt Considered Prone to Sign IMF Loan
Egypt may sign a five-year loan deal with the International Monetary Fund (IMF) during the IMF and World Bank biannual meetings in mid April, Daily News Egypt reported. Economic analysts and reports speculate the IMF ... IMF Expects Egypt to See 3.3% Growth Decline in 2016
The International Monetary Fund (IMF) in its World Economic Outlook (WEO) reports predicted a 3.1% growth in emerging markets in the next two years, compared to 2.5% in 2015, Daily News Egypt reported, with Egypt expe...
Low Oil Prices Forces IMF to Cut Global Growth Forecast Again
The International Monetary Fund (IMF) has cut its outlook for 2016 economic growth for the fourth time in the past year, citing low oil prices, China’s slowdown, and chronic weakness in advanced economies. The lender ...
IMF Cuts Nigeria’s Growth Forecast to 2.3% in 2016
The International Monetary Fund (IMF) cuts again its growth forecast for Nigeria as the oil exporter faces “substantial challenges” due to low crude prices. In its annual review of Nigeria’s economic...
Egypt Denies Planning Loan Talks with IMF
Egypt has denied recently published reports that it was seeking a loan from the International Monetary Fund (IMF), Egypt’s Central Bank (CBE) Governor, Tarek Amer, told Ahram Online. The reports were citing an a...
MENA Oil Exporters Lost Over $340b from Oil Slump
Oil-exporting countries in the Middle East and North Africa (MENA) lost more than $340b in oil revenue from their budgets in 2015, amounting to 20% of their combined gross domestic product, according to the Internatio...
