Bankers have “smuggled” up to $6bn out of Lebanon since October, circumventing controls introduced to stem capital flight as the country plunged into its worst financial...
France Wednesday expressed alarm over the deepening economic and financial crisis in Lebanon, warning that social discontent could lead to an escalation in violence. It also...
The International Monetary Fund’s executive board approved Egypt’s request for $2.77 billion in emergency financing Monday to help the Egyptian government meet urgent budget needs related...
Lebanon’s plan to tackle a financial and economic crisis will meet IMF recommendations and will be ready in weeks, the finance minister said, adding that any...
Iran has asked the International Monetary Fund (IMF) for emergency funding to help it fight the coronavirus outbreak, which has hit the Islamic Republic hard, Foreign...
The International Monetary Fund predicted Tuesday that Iran’s economy will sink deep into the red as a result of renewed U.S. sanctions, but forecast increased Saudi...
Britain’s economy would suffer “substantial costs” if it leaves the European Union next March with no divorce agreement in place, the International Monetary Fund warned Monday....
U.S. Secretary of State Mike Pompeo assured Pakistan last week Washington would not try to block any request for a bailout from the International Monetary Fund...
Venezuela has rolled out a new currency, slashing five zeroes from the bolivar, in a bid to tame the country’s rampant hyperinflation, but critics say the...
German Chancellor Angela Merkel Thursday promised a $100 million loan to troubled Jordan, where mass protests over austerity measures forced the prime minister to resign earlier...
AMMAN – Jordan’s King Abdullah issued a decree on Thursday forming a new government led by a former World Bank economist and mandated to review a...