Resilient economic conditions, transformation plans, robust project pipeline and healthy demand support the growth of the banking industry Dubai, UAE: According to the EY GCC Banking Sector Outlook ...

Wall Street analysts and economists have converged on a more turbulent near-term trajectory for the U.S. economy. The outlook is bumpier than anticipated, with lower growth rates, greater inflationary ...

The fourth quarter of 2024 was volatile for most asset classes against a backdrop of the U.S. election, surging dollar ...

Stocks in South Korea and Hong Kong closed up after China's State Council on Sunday unveiled what it called a "special action plan" to boost domestic consumption. Mainland Chinese investors, however, ...

These reforms encompass the judiciary, tariffs, labour regulation along with a stable regulatory regime. An important point, in the latest review, has called for GST simplification along with a cut in ...

A staff team from the International Monetary Fund (IMF), led by Ms. Haimanot Teferra, visited Nairobi during March 6-14, 2025 ...

NAIROBI, March 17 (Xinhua) -- Kenya and the International Monetary Fund (IMF) have resolved to begin formal talks on a new lending program, and the IMF will engage with the Kenyan authorities going ...

Wall Street analysts predict a turbulent short-term for the US economy, with lower growth and higher inflation. Consumer ...

Revision reflects a 0.6%p downgrade in just three months The Organization for Economic Cooperation and Development delivered a grim outlook for South Korea’s economy on Monday, slashing its growth ...

The Kenyan government led by President William Ruto has submitted a new financing programmed to the International Monetary ...

The IMF Executive Board completed the fifth review under the Extended Credit Facility (ECF) Arrangement for Nepal, providing the country with access to SDR 31.4 million (about US$ 41.8 million).

Good afternoon to those of you joining us from Egypt and the region and Ramadan Kareem. Thank you for joining today's press briefing. My name is Angham Al Shami from the IMF Communications Department.