Friday , 22 February 2019

Tag Archives: IMF

Release of the IMF Departmental Paper on Scaling up Access to Finance for Small and Medium Enterprise in the Middle East and North Africa

Discussions will focus on how small and medium-sized enterprise financial inclusion is at the core of the economic diversification, growth, and job creation challenges many countries are facing The International Monetary Fund (IMF) will launch its departmental paper entitled Scaling up Access to Finance for SMEs in MENA in a seminar which will take placeat the American University in Cairo, …

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Statement by International Monetary Fund (IMF) Managing Director Christine Lagarde on Egypt

The Egyptian authorities embarked on an ambitious economic reform program in 2016 that is being supported by an International Monetary Fund (IMF) financial arrangement Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today: I would like to take this opportunity to commend the patience and commitment of the Egyptian people to the reform …

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IMF, AMF, AFESD and Government of Morocco to Host Regional Conference

IMF, AMF, AFESD and Government of Morocco to Host Regional Conference: “Opportunity for All—Promoting Growth, Jobs, and Inclusiveness in the Arab World” IMF Managing Director Christine Lagarde, AFESD Director General Chairman of the Board Abdlatif Y. Al-Hamad, and AMF Director General Chairman of the Board Abdulrahman Al Hamidy will be among the conference speakers The International Monetary Fund (IMF), Arab …

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IMF: Saudi Arabia’s ‘bold’ reforms see non-oil sector pick up

  Saudi Arabia’s “bold reform program” is paying off, with economic growth in its non-oil sector forecast to pick up this year, the International Monetary Fund (IMF) said Friday. Growth in non-oil parts of the economy is projected at 1.7 percent in 2017 compared to 0.2 percent last year, the fund said, amid the Kingdom’s efforts to diversify the economy …

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UPDATE 2-IMF agrees $12 billion 3-year funding deal with Egypt

IMF loans to help budget deficit and dollar shortage Deal still to be approved by IMF executive committee Markets cautious, pending implementation By Lin Noueihed and Ahmed Aboulenein CAIRO, Aug 11 (Reuters) – The International Monetary Fund has agreed in principle to grant Egypt a $12 billion three-year loan facility, to support a government reform programme aimed at plugging a …

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Angola is committed to economic diversification with the support of the IMF

The Government will work with the IMF to design and implement policies and structural reforms. The Government of Angola is aware that the high reliance on the oil sector represents a vulnerability to the public finances and the economy more broadly. The sustained efforts over many years to promote economic diversification have already resulted in a significant increase in the …

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Statement by the IMF Managing Director Christine Lagarde at the End of her Visit to the United Arab Emirates

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of her visit to the United Arab Emirates (UAE): “I would like to express my gratitude to the UAE authorities and people for welcoming me during my visit to Abu Dhabi and Dubai. During my visit I met with His Highness …

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Statement by the IMF Mission at the End of a Visit to Tunisia

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At the request of the Tunisian authorities, a mission from the International Monetary Fund (IMF) headed by Mr. Amine Mati visited Tunis from November 12-27, 2013 in the context of the first and second reviews of Tunisia’s economic and reform program supported by a 24-month stand-by arrangement approved by the IMF Executive Board on June 7, 2013. This arrangement supports …

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IMF Mission Concludes Article IV Consultation Visit to Algeria

An International Monetary Fund (IMF) mission, led by Mr. Zeine Zeidane, visited Algeria November 12-25, 2013 for the annual Article IV discussions. The consultation will conclude with the preparation of a report to be discussed by the IMF Executive Board in January 2014. The team met with Finance Minister Karim Djoudi; Housing and Town-planning and Cities Minister Abdelmadjid Tebboune; Labor, …

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Growing Youth Population in Saudi offers Economic Potential

Pearson welcomes the International Monetary Fund’s finding that Saudi Arabia’s large youth population presents opportunities for GCC region if well managed. Pearson, the world’s largest education company, has welcomed a report by the International Monetary Fund (IMF) that finds youth unemployment in Saudi Arabia could be lowered by reducing reliance on public sector jobs and by improving the competitiveness of …

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