CAIRO: Egypt's net foreign assets (NFAs) slid by $592.1 million in December, their third decline in three months, after a ...

South Korean commercial banks are scaling back loans to small and medium-sized enterprises (SMEs) as high exchange rates ...

A Russian economic meltdown would send shockwaves through MENA, disrupting food security, energy markets, regional conflicts, and investment strategies. While some nations may see short-term ...

Ukraine's relations with the IMF have been marked by numerous unsuccessful programs. However, the full-scale Russian invasion in 2022 prompted a pivotal shift. Against its usual practice of not ...

The Executive Board of the International Monetary Fund (IMF) completed the first review of the arrangement under the Extended Credit Facility (ECF) for Liberia, allowing Liberia to draw SDR 34.3 ...

Several global financial institutions—including the World Bank, the International Monetary Fund (IMF), and the Asian ...

The Minority Caucus in Parliament has expressed reservations over President John Mahama’s nomination of Dr Johnson Asiama as ...

Egypt's historic Tahrir Complex in Downtown Cairo will be transformed into a hotel under Marriott's ultra-luxurious brand.

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of ...

Kenya has already started talks with International Monetary Fund officials to secure a new lending program when the current ...

El Salvador appears to be sticking to its now-popular Bitcoin strategy and has “bought the dip” yet again. On Tuesday, February 4, the Central American country took advantage of a declining crypto ...