Tag: IMF
Countries should rely on digitalization to speed-up economic recovery: IMF
As the world struggles with COVID-19 and other restrictions driven by it, digitalization came to the rescue with business, education, entertainment and shopping taking...
“Keep spending on COVID-19 crisis:” IMF urges G20 economies
The International Monetary Fund (IMF), the global financial organization, warned Group of 20 (G20) major economies that the COVID-19 crisis is not over and...
Oman may tax rich from 2022 to tackle financial issues
Oman plans to take an extraordinary measure in the Gulf region, as part of a larger program to resolve a budget deficit that is...
Oman economy doing much better than IMF forecasts: IIF
US-based association for the global financial services industry, Institute of International Finance (IIF) said that Oman is making strong strides in fiscal consolidation and...
COVID-19 highlights need for faster economic diversification in MENA: IMF
According to International Monetary Fund (IMF), the COVID-19 crisis is a defining moment for the Middle East and North Africa (MENA), underpinning the need...
IMF Chief hails remarkable efforts of GCC govts in tackling COVID-19
In light of the COVID-19 pandemic, strong public health systems and timely fiscal and monetary intervention by Gulf governments and central banks have helped...
DP World reports 1.9% rise in shipping container volume in EMEA...
DP World, a Dubai-based global port operator is expected to deliver a "relatively stable" financial result in 2020 after announcing a 1.9 percent rise...
MENA region needs urgent action to tackle COVID-19; IMF
The International Monetary Fund (IMF) has urged energy-rich Middle East and North African (MENA) countries to expedite reforms and diversification efforts as they continue...