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IMF Mission Concludes Visit to Oman, Praises Fiscal Prudence Efforts

HE Nasser Khamis Al Jashmi, Secretary-General of the Ministry of Finance, chaired IMF mission’s last meeting held in the Sultanate of Oman to view...
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IMF Warns Of Global Recession, Slashes Growth Forecast

The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing...
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IMF Lowers Its Estimates Of Global Economic Growth; Pegs Oman Economy To Grow By...

The 190-country-strong international financial institution, International Monetary Fund (IMF), has lowered its estimates for the growth of the global economy in 2022. This comes in a...
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Annual IMF Oman Meeting Commences: Medium Term Plan to be Reviewed

Muscat: The International Monetary Fund (IMF) commenced their annual set of meetings with Oman via their Mission which will be conducting a thorough review...
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Economies Of Countries Across Parts Of The World May Only Recover By 2023: WEO

With the world actively battling the COVID-19 pandemic, the International Monetary Fund (IMF) has revised the 'World Economic Outlook (WEO)' to a hopeful one. This...
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Airbus Restructures; IMF Sees Asia Pain Persisting: Virus Update

Airbus Restructures; IMF Sees Asia Pain Persisting: Virus Update

(Bloomberg) -- Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs worldwide as it attempts to steer...
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UAE economy growth

UAE Economy Will See 3.3 Per Cent Growth in 2021: IMF

International Monetary Fund's (IMF) World Economic Outlook predicts that the UAE economy will grow 3.3 per cent in 2021, even as it expects a...
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Coronavirus Impact: IMF Could Reduce Global Economic Growth Forecast

Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19)...
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IMF Trims Global Economic Outlook, But Tones Down Risk Warnings

(Bloomberg) -- The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid...
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Too Much Finance Can Make Inequality Worse: IMF Researchers

(Bloomberg) --The expansion of financial services in an economy can reduce income inequality -- but beyond a certain point it tends to have the...
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