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29 Sep 16
Pakistan has successfully completed its three-year, $6bn programme with the International Monetary Fund, and is set to receive its final $102m cash injection within the next few days.
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27 Sep 16
The African Development Bank is preparing to throw the Nigerian government a $1bn lifeline to help plug the substantial government deficit amid the country’s first recession in 20 years.
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27 Sep 16
Saudi Arabia has announced sudden cuts to pay and perks for government employees as the oil-dependent kingdom struggles to balance the books and adjust to low commodity prices.
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26 Sep 16
Greece’s creditors need to offer more substantial relief options to tackle the country’s €248bn ($279bn) debt mountain, the International Monetary Fund has said.
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23 Aug 16
The International Monetary Fund is re-evaluating Ghana’s economic performance before disbursing the next tranche of the country’s $918m financial aid programme after its parliament passed a law...
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22 Aug 16
The International Monetary Fund has criticised the government of Suriname for failing to implement necessary fuel and electricity price increases.
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17 Aug 16
Angola has halved its predicted growth figures for 2016 and passed a revised budget after the impact of the commodity price slump on its heavily oil-reliant economy became apparent.
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11 Aug 16
Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.
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9 Aug 16
Spain and Portugal have escaped fines for breaking European Union deficit rules, the European Council have confirmed.
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27 Jul 16
The European Commission has called for fines mooted against Spain and Portugal for excessive deficits to be cancelled and new fiscal goals to be set.
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19 Jul 16
Cambodia’s economy is projected to continue on a robust growth trajectory, but rapidly expanding credit is the biggest threat to the outlook, the International Monetary Fund said yesterday.
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8 Jul 16
The European Commission has triggered sanctions procedures against Spain and Portugal after ruling the two nations failed to do enough to bring their budget deficits within European Union limits.
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4 Jul 16
Afghanistan looks set to secure almost half a million dollars from the International Monetary Fund after reaching an agreement with its staff.
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23 Jun 16
Portugal will have to “step up” its efforts to reduce its budget deficit as the country’s economic recovery falls short of expectations, the European Commission and European Central Bank have warned...
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21 Jun 16
Croatian lawmakers have voted to dissolve parliament, a move that will trigger snap elections and is likely to hamper progress in fixing the country’s public finances.
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20 Jun 16
The European Union has removed Cyprus, Ireland and Slovenia from excessive deficit procedures after the three nations brought their shortfalls to below 3% of GDP.
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13 Jun 16
The European economy must address some major new challenges as well as unresolved problems in order to sustain its gradual recovery, the OECD has said.
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3 Jun 16
Securing debt and sanctions relief will be critical to Sudan’s continued recovery as growth remains constrained despite successful policies, the International Monetary Fund has said.
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2 Jun 16
South Sudan will fall into even deeper economic crisis, resulting in further suffering for its people and threatening the already fragile peace process, without a change in policy and support from...
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1 Jun 16
India’s economy grew by 7.6% over the past year, retaining the country’s place as the fastest-growing major economy in the world, according to government data.
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23 May 16
Greece has passed yet another round of austerity measures in the hope of securing the release of much-needed bailout funds from its creditors.
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19 May 16
The European Commission has deferred its decision on disciplinary action regarding Spain and Portugal’s stubborn “excessive” deficits until early July.
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16 May 16
Moody's has downgraded Saudi Arabia’s credit rating as the oil price slump hits the kingdom’s public finances.
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13 May 16
Pakistan looks set to receive its next half a billion dollar disbursement from the International Monetary Fund as the lender confirms the south Asian country has met programme targets.
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10 May 16
The commodity price slump is weighing heavily on Oman and the United Arab Emirates’ fiscal deficits, the International Monetary Fund has said.
29 Sep 16Pakistan has successfully completed its three-year, $6bn programme with the International Monetary Fund, and is set to receive its final $102m cash injection within the next few days.
27 Sep 16The African Development Bank is preparing to throw the Nigerian government a $1bn lifeline to help plug the substantial government deficit amid the country’s first recession in 20 years.
27 Sep 16Saudi Arabia has announced sudden cuts to pay and perks for government employees as the oil-dependent kingdom struggles to balance the books and adjust to low commodity prices.
26 Sep 16Greece’s creditors need to offer more substantial relief options to tackle the country’s €248bn ($279bn) debt mountain, the International Monetary Fund has said.
23 Aug 16The International Monetary Fund is re-evaluating Ghana’s economic performance before disbursing the next tranche of the country’s $918m financial aid programme after its parliament passed a law...
22 Aug 16The International Monetary Fund has criticised the government of Suriname for failing to implement necessary fuel and electricity price increases.
17 Aug 16Angola has halved its predicted growth figures for 2016 and passed a revised budget after the impact of the commodity price slump on its heavily oil-reliant economy became apparent.
11 Aug 16Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.
9 Aug 16Spain and Portugal have escaped fines for breaking European Union deficit rules, the European Council have confirmed.
27 Jul 16The European Commission has called for fines mooted against Spain and Portugal for excessive deficits to be cancelled and new fiscal goals to be set.
19 Jul 16Cambodia’s economy is projected to continue on a robust growth trajectory, but rapidly expanding credit is the biggest threat to the outlook, the International Monetary Fund said yesterday.
8 Jul 16The European Commission has triggered sanctions procedures against Spain and Portugal after ruling the two nations failed to do enough to bring their budget deficits within European Union limits.
4 Jul 16Afghanistan looks set to secure almost half a million dollars from the International Monetary Fund after reaching an agreement with its staff.
23 Jun 16Portugal will have to “step up” its efforts to reduce its budget deficit as the country’s economic recovery falls short of expectations, the European Commission and European Central Bank have warned...
21 Jun 16Croatian lawmakers have voted to dissolve parliament, a move that will trigger snap elections and is likely to hamper progress in fixing the country’s public finances.
20 Jun 16The European Union has removed Cyprus, Ireland and Slovenia from excessive deficit procedures after the three nations brought their shortfalls to below 3% of GDP.
13 Jun 16The European economy must address some major new challenges as well as unresolved problems in order to sustain its gradual recovery, the OECD has said.
3 Jun 16Securing debt and sanctions relief will be critical to Sudan’s continued recovery as growth remains constrained despite successful policies, the International Monetary Fund has said.
2 Jun 16South Sudan will fall into even deeper economic crisis, resulting in further suffering for its people and threatening the already fragile peace process, without a change in policy and support from...
1 Jun 16India’s economy grew by 7.6% over the past year, retaining the country’s place as the fastest-growing major economy in the world, according to government data.
23 May 16Greece has passed yet another round of austerity measures in the hope of securing the release of much-needed bailout funds from its creditors.
16 May 16Moody's has downgraded Saudi Arabia’s credit rating as the oil price slump hits the kingdom’s public finances.
