Post Tagged with: "International Monetary Fund"

Tunisia to lay off 16,500 workers on IMF order

October 26, 2017 6:30 pm
Tunisia to lay off 16,500 workers on IMF order

A Tunisian patient speaks with a member of the medical staff at the emergency room of the Charles Nicole Hospital in Tunis on May 5, 2017. (Photo by AFP) Tunisia will ask the United States for a $500 million loan guarantee as it seeks to lay off about 16,500 public […]

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Tunisia to lay off 16,500 workers on IMF order

6:30 pm
Tunisia to lay off 16,500 workers on IMF order

A Tunisian patient speaks with a member of the medical staff at the emergency room of the Charles Nicole Hospital in Tunis on May 5, 2017. (Photo by AFP) Tunisia will ask the United States for a $500 million loan guarantee as it seeks to lay off about 16,500 public […]

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International Monetary Fund: Saudi Arabia’s economy stagnant as unemployment rises

October 5, 2017 10:38 pm
International Monetary Fund: Saudi Arabia’s economy stagnant as unemployment rises

Investors monitor stock exchange at the Saudi Stock Exchange, or Tadawul. (file photo) The International Monetary Fund (IMF) says Saudi Arabia has a weak economic growth and a rising unemployment level, advising the country to slow down austerity measures it has been adopting in order to curb a huge budget deficit. […]

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Egypt hikes electricity prices by more than 40% as demanded by IMF

July 6, 2017 10:30 pm
Egypt hikes electricity prices by more than 40% as demanded by IMF

The Temple of Luxor is illuminated at night in Luxor city, south of Cairo, November 27, 2015. (Photo by Reuters) Egypt has decided to raise electricity prices by more than 40 percent as demanded by the International Monetary Fund (IMF) in order to receive a $12 billion bailout loan. Electricity Minister Mohamed Shaker said on […]

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International Monetary Fund lowers US growth over ‘uncertainties’

June 28, 2017 5:46 pm
International Monetary Fund lowers US growth over ‘uncertainties’

The International Monetary Fund (IMF) has reduced its growth forecasts for the US economy and also says the dollar is overvalued by 20 percent. The International Monetary Fund (IMF) has reduced its growth forecasts for the US economy and also says the dollar is overvalued by 20 percent.   The […]

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International Monetary Fund confirms delay in Ukraine loan due to trade blockade

March 20, 2017 10:30 pm
International Monetary Fund confirms delay in Ukraine loan due to trade blockade

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), attends the 2017 Institute of International Finance (IIF) G20 Conference titled “The G20 Agenda under the German Presidency” in Frankfurt, western Germany, on March 16, 2017. (Photo by AFP) The International Monetary Fund will not approve a new $1 billion […]

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International Monetary Fund adjourns meeting on Ukraine loan

March 19, 2017 7:10 pm
International Monetary Fund adjourns meeting on Ukraine loan

This file photo taken on September 30, 2016 shows the logo of the IMF Headquarters in Washington, DC. (Photo by AFP) Ukraine on Sunday said the International Monetary Fund has postponed a board discussion on disbursing a new $1-billion loan tranche after Kiev cut trade links with eastern regions held […]

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Greece resumes stalled negotiations with EU, IMF

February 28, 2017 7:11 pm
Greece resumes stalled negotiations with EU, IMF

The file photo shows the flags of Greece (L) and the European Union. Negotiations between Greece and international lenders have resumed amid Athens’ struggle to secure a badly-needed fund from the European Union and the International Monetary Fund. The Greek Finance Ministry said on Tuesday that the talks resumed earlier […]

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Spain jails former IMF chief Rodrigo Rato for 4.5 years over embezzlement

February 23, 2017 10:00 pm
Spain jails former IMF chief Rodrigo Rato for 4.5 years over embezzlement

File photo shows former International Monetary Fund chief, Rodrigo Rato (C), walking between police officers as he leaves his office in Madrid. (Photo by Reuters) Spain’s National Court has sentenced former chief of the International Monetary Fund (IMF), Rodrigo Rato, to four years and six months in jail over his […]

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Germany expects continued IMF aid for Greece

February 19, 2017 10:30 pm
Germany expects continued IMF aid for Greece

British CNN anchor Richard Quest acts as a moderator during a talk with International Monetary Fund Managing Director Christine Lagarde (R) at the World Government Summit 2017, in Dubai’s Madinat Jumeirah on February 12, 2017.<br />STRINGER / AFP Germany said Sunday that it expects the International Monetary Fund to continue […]

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