Sanctions-hit Iran has asked the IMF for an emergency loan to help it battle the coronavirus pandemic.
News ID: 8694 Publish Date : 2020/03/12
Updates with Fed's interest rate cut in first two paragraphs
News ID: 8556 Publish Date : 2020/03/03
Saudi Arabia will sharply reduce term crude sales to China next month as the coronavirus outbreak slashes demand in the world's top oil importer. It comes as Riyadh prepares to join Opec and non-Opec allies to discuss deeper production cuts in the wake of the epidemic.
News ID: 8520 Publish Date : 2020/02/28
The International Monetary Fund said the Democratic Republic of Congo’s proposed $10.2 billion budget is “unrealistic,” amid slowing output from the country’s copper and cobalt mines.
News ID: 7831 Publish Date : 2019/12/06
Iran would need oil priced at $194.6 a barrel to balance its budget next year, the International Monetary Fund said.
News ID: 7040 Publish Date : 2019/10/29
The IMF has cut its growth predictions for Asia-Pacific economies for this and next year because of headwinds from policy uncertainty, trade disputes and weakness in major trading partners.
News ID: 6896 Publish Date : 2019/10/23
The IMF yet again has marked down its projections for global economic growth this year and next because of the US-China trade war.
News ID: 6663 Publish Date : 2019/10/15
The IMF yet again has marked down its projections for global economic growth this year and next because of the US-China trade war.
News ID: 6662 Publish Date : 2019/10/15
The International Monetary Fund has forecast a deepening recession for Iran's economy this year, projecting real GDP growth of -6% in 2019 after a contraction of 3.9% the year before.
News ID: 4314 Publish Date : 2019/04/11
OPEC’s biggest producer Saudi Arabia would need oil prices at $80-85 per barrel in order to balance its 2019 budget, Jihad Azour, director of the Middle East and Central Asia Department at the International Monetary Fund has told Reuters.
News ID: 3617 Publish Date : 2019/02/14
Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the International Monetary Fund said on Saturday, and she cautioned against spending money on "white elephant projects."
News ID: 3601 Publish Date : 2019/02/12
The International Monetary Fund Monday cut its forecast for average oil prices to just below $60 per barrel in 2019 from close to $70 per barrel in its last World Economic Outlook in October on concerns about global economic growth.
News ID: 3373 Publish Date : 2019/01/23
The volume of non-oil goods exported from the ports of Hormozgan province of Iran has increased by 24% in the past 8 months, Director of Bandar Lengeh Ports and Maritime Directorate Ghasem Askarinasab said, adding that the ports have also accomplished more successes in other areas.
News ID: 2971 Publish Date : 2018/12/18
Official figures show Iran had a trade surplus of $2 billion in the first eight months of the current Iranian year (March 21, 2018-November 22, 2018) despite the re-imposition of sanctions by the US against Tehran.
News ID: 2808 Publish Date : 2018/12/04
The International Monetary Fund said on Thursday that Iran should implement policies to safeguard its macroeconomic stability after the reimposition of US sanctions that will cut Iranian economic growth by reducing oil exports.
News ID: 2489 Publish Date : 2018/11/03
Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael moved toward Florida causing the shutdown of nearly 40% of US Gulf of Mexico crude production.
News ID: 2413 Publish Date : 2018/10/12
The International Monetary Fund, in its latest World Economic Outlook, predicts Iran's economy will contract this year and in the following year as a result of the reimposition of US sanctions against the Islamic Republic.
News ID: 2404 Publish Date : 2018/10/10
The Chinese government's 7 October move to add more stimulus to the economy, by freeing up banks' ability to lend more, could support the steel sector by pushing credit into the key real estate and manufacturing consuming sectors. Around 60pc of China's steel is consumed by construction projects, including real estate and infrastructure.
News ID: 2393 Publish Date : 2018/10/09
The International Monetary Fund compares the global annual per capita GDP based on two major methods.
News ID: 2350 Publish Date : 2018/10/04
Iranian President Hassan Rouhani in a meeting with Managing Director of the International Monetary Fund Christine Lagarde in New York voiced Tehran's readiness to expand bilateral ties with IMF .
News ID: 2300 Publish Date : 2018/09/29