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Tag: IMF
IMF: Algeria Still Undergoes Major Difficulties Due to Lower Oil Prices
Algeria continues to face important challenges posed by lower oil prices, says the International Monetary Fund Executive Board after concluding Article IV consultation with the ... Read More
IMF: Morocco Still Qualifies For $3.4 Bln PLL
The International Monetary Fund has reaffirmed Morocco’s continued qualification for the Precautionary and Liquidity Line (PLL) Arrangement after a first review of its executive board. ... Read More
London Hosts International Conference on Somalia
United Kingdom government hosted May 11 a major international conference in London, to accelerate progress on security sector reform, build on the international response to ... Read More
IMF Urges MENA Countries to Diversify Economy
The International Monetary Fund has urged countries of the Middle East and North Africa to diversify their economies and implement policies that support jobs and ... Read More
IMF: Tunisia Feeble Growth Threatens Macroeconomic Stability
The Tunisian economy continues to suffer from major difficulties, including high external and fiscal deficits, increasing debt, while growth is too low to reduce unemployment, ... Read More
Algeria Struggles to Catch up with Neighbors on Islamic Finance
Battered by the oil price slump, the underdeveloped banking sector in Algeria sees new financing sources in Islamic finance to tap into the huge informal ... Read More
IMF Expresses Concern over Impact of Lower Oil on Algerian Economy
“Algeria continues to face important challenges posed by lower oil prices (…) and growth in the nonhydrocarbon sector slowed under the effects of spending cuts”, ... Read More
Algeria’s Foreign Reserves Shrink to $112 Bln
In a pessimistic tone that bodes ill for Algeria’s economic prospects, Algerian Prime Minister Abdelmalek Sellal announced yet a new slump in the country’s foreign ... Read More
Tunisia on Verge of Bankruptcy as IMF Freezes Loan
The International Monetary Fund has postponed the second tranche of a loan worth $350 million to Tunisia because of a lack of progress in reforms ... Read More
IMF Chief Lauds Morocco’s Restructuring Reforms
Director of the International Monetary Fund Christine Lagarde lauded Morocco for the efforts it undertook to restructure its economy. In an interview with weekly magazine, ... Read More