International Monetary Fund
Asian economies' strong dependence on trade, particularly with China at the center of global supply chains, leaves them exposed to disruptions from escalating US-China tensions and higher US import duties. The International Monetary Fund (IMF) has expressed concerns that growing trade friction with the US, coupled with an investment
Economic growth
Nigerian economist and former presidential candidate, Peter Obi, has lamented the country's absence from the International Monetary Fund's (IMF) list of Africa's fastest-growing economies. According to Obi, the listed countries, which include Benin Republic, Cote d'Ivoire, Ethiopia, Rwanda, and Uganda, have become
Economic growth
Pakistan's economy is expected to continue its growth trajectory, with the International Monetary Fund (IMF) revising the country's economic growth forecast upward to 3.6% for the fiscal year 2026. The growth is attributed to steady reform implementation, improving financial conditions, and growing confidence. However, the
Economic growth
The International Monetary Fund (IMF) has reported an acceleration in economic growth across the Middle East and North Africa (MENA) region this year, with a projected GDP growth of 3.3 percent in 2025 and 3.7 percent in 2026. The regional economy recorded growth of 2.1 percent in
Economic growth
Azerbaijan plans to drive economic growth through increased government expenditures in 2025, according to a report by the International Monetary Fund (IMF). The country's budget policy will be expansionary in 2025, with a focus on supporting economic growth through government spending. However, the IMF forecasts a shift towards
Bessent, Scott
Treasury Secretary Scott Bessent's unconventional move to bail out Argentina with a $20 billion lifeline has sparked worries that the United States could lose money on the investment. As a high-stakes bet, Bessent is wagering that the peso, currently in decline, is undervalued. If he is right, the
International Monetary Fund
Treasury Secretary Scott Bessent's unconventional move to bail out Argentina with a $20 billion lifeline has sparked worries that the United States could lose money on the investment. As a high-stakes bet, Bessent is wagering that the peso, currently in decline, is undervalued. If he is right, the
Bessent, Scott
Treasury Secretary Scott Bessent's unconventional move to bail out Argentina with a $20 billion lifeline has sparked worries that the United States could lose money on the investment. As a high-stakes bet, Bessent is wagering that the peso, currently in decline, is undervalued. If he is right, the
Bessent, Scott
Treasury Secretary Scott Bessent's unconventional move to bail out Argentina with a $20 billion lifeline has sparked worries that the United States could lose money on the investment. As a high-stakes bet, Bessent is wagering that the peso, currently in decline, is undervalued. If he is right, the
Economic growth
Bulgaria's economic growth forecasts have been revised upward by the International Monetary Fund (IMF), with the country expected to experience growth of 3% in 2025 and 3.1% in 2026, compared to 2.8% in 2024. According to Bulgarian National Bank (BNB) Governor Dimitar Radev, domestic factors such
Cabinet officials
Pakistan is moving forward with its plans to privatize its heavily indebted national carrier, Pakistan International Airlines (PIA), in an effort to raise funds and overhaul loss-making state-owned enterprises. The government is set to complete the sale of PIA by November 2025 as part of its $7 billion program with
Cabinet officials
Egypt's Minister of Planning, Economic Development, and International Cooperation, H.E. Dr. Rania Al-Mashat, highlighted the crucial role of International Financial Institutions (IFIs) in supporting global development efforts during the recent Annual Meetings of the International Monetary Fund and the World Bank. In a panel discussion, Dr. Al-Mashat
