Bahrain and UK review regional tensions and economic risks
MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with...
Tag : IMF
South Korea FX reserves fall in March on stronger dollar
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar...
India forex reserves hit record $728.49bn on RBI data
MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released...
UAE President meets IMF Managing Director in Abu Dhabi
MENA Newswire, ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Kristalina Georgieva, Managing Director of the International Monetary...
Modi’s fiscal strategy propels India’s GDP growth to 6.2% in Q3
India’s economy expanded by 6.2% in Q3 FY25, driven by robust rural demand, higher government spending, and strong...
Potential US pullback from IMF could impact credit ratings
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and...
Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash
Argentina’s opposition calls for Milei’s impeachment after he promoted $LIBRA, a crypto token that surged then crashed, sparking...
IMF reduces annual borrowing costs for members by 36 percent
The IMF has reduced member borrowing costs by 36%, cutting annual surcharges by $1.2 billion. Five countries, including...
IMF provides $24B in interest-free loans to low-income countries during pandemic
The International Monetary Fund (IMF) has provided over $24 billion in interest-free loans to more than 50 low-income...
A third of world economies will be in recession by 2023 – IMF chief
The International Monetary Fund (IMF) chief Kristalina Georgieva warns that this year will be tougher on the global...