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IMF’s Lagarde praises Saudi role, no word on aid

In a statement at the end of her trip, Lagarde expressed “the IMF’s appreciation for Saudi Arabia’s important role in…

February 5, 2012 12:57

Saudi ex-envoy to IMF: No Honey. No Money.

Saudi Arabia's request is pretty clear cut. More financial contribution should mean more influence. But will the ego of the 'super power' countries get in the way?

January 24, 2012 4:52

IEA cuts 2012 oil demand growth forecast

Mild weather in the northern hemisphere this winter and a rising likelihood of a sharp economic slow-down are expected to lead to lower global oil demand growth in 2012, the International Energy Agency said.

January 18, 2012 1:49

IMF to visit Egypt this week for loan talks

Egyptian authorities and the International Monetary Fund will begin talks in Cairo this week on a possible 18-month IMF loan program worth about $3 billion, an IMF source said on Tuesday.

January 11, 2012 11:16

IMF Visit To Egypt Delayed For Few Weeks

Egypt, whose economy was hammered by the uprising that unseated Hosni Mubarak in February, turned down a $3 billion IMF facility in June last year, with the ruling military generals reluctant to work up debts without a popular mandate.

January 3, 2012 3:57

High Saudi spending, budget surplus in 2012 – IMF

IMF estimates 2012 for Saudi Arabia will see a break-even budget in oil price at around $80 and expects fiscal and monetary policies will be used to ease inflation

December 22, 2011 3:41

Qatar 2012 outlook positive but growth to slow, says IMF

IMF sees risk of lower oil, gas prices; Says Qatar should develop local bond market; 2011, 2012 inflation forecasts cut slightly

December 18, 2011 11:42

IMF cuts Greece forecast but sees bondholder deal

The International Monetary Fund (IMF) said on Tuesday it anticipates a deeper recession for Greece through 2012, but expressed optimism for a deal with private bondholders to help make the country's debt more sustainable.

December 14, 2011 11:02

Arab Spring is at a critical juncture, says IMF Chief

With the post-revolution euphoria giving way to practical concerns, the leaders and citizens of the Middle East is faced with hard choices. And the economic turmoil isn't making things easier.

December 7, 2011 5:09

New Egypt finmin cautious on IMF loan – statement

Egypt is not ready for a decision on funding from the International Monetary Fund (IMF), the government said on Saturday in a statement that named Mumtaz al-Saeed as the country's new finance minister.

December 3, 2011 7:29

Lebanon sees public debt at $59B end-2011

Lebanon's public debt is expected to rise to between $58 billion and $59 billion by the end of 2011, Finance Minister Mohammed Safadi said on Friday, compared with $52.6 billion at mid-year.

November 25, 2011 3:51

Kuwait government passes anti-corruption draft law

Kuwait's cabinet passed an anti-corruption draft law on Sunday, which includes articles on financial disclosure and money laundering, with penalties of up to seven years in prison, the state news agency KUNA reported.

September 26, 2011 2:19

Glass half-full: Egypt minister commits to market economy

Minister designate does not rule out return to IMF; Sees temporary difficulties, long-term outlook good; Investors have been concerned about policy direction - Reuters

July 20, 2011 12:57

Yemen 2011 inflation may soar to 30 pct on unrest -IMF

Is it a surprise that five months of protest is putting Yemen's economy in danger of shrinking? IMF's ready to provide loans, only as soon as crisis is resolved.

July 14, 2011 12:02

Egypt says will not need IMF, World Bank funds

Budget revised after national dialogue, ar m y concern; IMF had offered $3 billion standby facility; Qatar offered Egypt $500 million aid for budget support

June 25, 2011 12:03