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 International Monetary Fund (IMF) cuts again its growth forecast for Nigeria as the oil exporter faces "substantial challenges" due to low crude prices.
Egypt has denied recently published reports that it was seeking a loan from the International Monetary Fund (IMF), Central Bank of Egypt (CBE) Governor, Tarek Amer.
Oil-exporting countries in the Middle East and North Africa (MENA) lost more than $340b in oil revenue from their budgets in 2015, according to the International Monetary Fund (IMF) Chief. Reengineering tax systems c ...
Bahrain has announced austerity measures in line with IMF recent recommendations, in a bid to return to international bond market and to finance its expanding budget deficit of 15% of the country's GDP.
The International Monetary Fund (IMF) and World Bank (WB) are negotiating a possible $4b emergency loan for oil exporting country, Azerbaijan, helping it to cope with mounting currency and budget pressures due to a s ...
International Monetary Fund (IMF) Chief, Christine Lagarde, has arrived to Abuja for a four-day visit to open talks with policy makers and top officials from Nigeria and Cameroon on economic developments affecting bo ...
The decline in oil prices has increased the importance of reforms to switch the focus of growth from the public sector to the private sector in Saudi Arabia, said Christine Lagarde, managing director of the IMF.
David Robinson, the IMF vice-director, has called on the African nations to adopt a package of policies to better ride out the ill-effects of the collapse of oil prices