The International Monetary Fund (IMF)

  • IMF Retracts Saudi Arabia’s Economic Growth Forecast

    IMF Retracts Saudi Arabia’s Economic Growth Forecast

    Tuesday, 21st January 2020

    The international Monetary Fund (IMF) has lowered its forecast for Saudi Arabia’s economic growth to 1.9%, retracting its initial anticipation on the kingdom's economic growth to increase by 2.2% in 2020.

  • IMF: Completion of Fuel Subsidy Reform to Attract Investment

    IMF: Completion of Fuel Subsidy Reform to Attract Investment

    Sunday, 13th October 2019

    The International Monetary Fund (IMF) has issued the report of the fifth and final review of Egypt’s economic reform program supported by an arrangement under the Extended Fund Facility (EFF), as the completion of the review allowed the authorities to draw the equivalent of about $2 billion.