Oman's economy grew 3.8% in the first half of 2026, supported by 9.7% growth in petroleum activities, the Ministry of Economy reported to an IMF mission on 4 November. Both parts of the economy grew…
IMF staff and Jordan reached a staff-level agreement on the sixth Extended Fund Facility review and third Resilience and Sustainability Facility review,…
Saudi Finance Minister Mohammed Al-Jadaan will chair the International Monetary and Financial Committee into a fourth year, and the committee's members, meeting…
The International Monetary Fund's credit outstanding plus undrawn commitments stands at 240 billion dollars, Managing Director Kristalina Georgieva told the plenary of…
International Monetary Fund Managing Director Kristalina Georgieva described artificial intelligence as "a slow-moving tsunami, but tsunami none the less" at her first…
Kristalina Georgieva, the International Monetary Fund's managing director, said on 7 October that the world economy faces 3 major crosscurrents: the rapid…
The International Monetary Fund's Executive Board has concluded the 2026 Comprehensive Surveillance Review, the first comprehensive review of how the Fund monitors…
The IMF reports global current account balances widened in 2025, with oil exporter surpluses shrinking and excessive imbalances accounting for a larger…
The International Monetary Fund expects several Gulf economies, including Kuwait, to contract in 2026 as the disruption to shipping through the Strait…
Oman’s economy grew 3.8% in the first half of 2026, supported by 9.7% growth in petroleum activities, the Ministry of Economy reported to an IMF mission on 4 November. Both parts of the economy grew in the first half, and the Fund projects 4.1% growth for Oman for the full year, a figure that covers…
IMF staff and Jordan reached a staff-level agreement on the sixth Extended Fund Facility review and third Resilience and Sustainability Facility review, worth an estimated $294m once the Board approves. For Jordan’s government and its creditors, the agreement keeps a programme approved in January 2024 on track through a war that has cut tourism and…
Banque du Liban met banks chosen by the Association of Banks in Lebanon in Paris on 27 and 28 October on recapitalising lenders and the cash available to repay depositors. For Lebanese depositors, the talks are about sizing rather than paying: the central bank says it is working out how much can be returned and…
An IMF team is in Cairo for the final reviews of Egypt’s two Fund arrangements, which would release a final disbursement of an estimated $2.33 billion, the IMF said. For Egypt, staff-level agreement and Board approval before the Extended Fund Facility expires on 15 December would complete a programme the Board approved in December 2022….
Egypt aims to bring its debt under 70 percent of GDP by June 2030, Finance Minister Ahmed Kouchouk told Egypt Forum 2026 on 23 October. The ministry put government debt at 81.9 percent of GDP in June 2026. The budget sector also reduced its external debt by an estimated 6.5 billion dollars over 3 years,…
Oman is set to grow 4.1 percent this year, according to the International Monetary Fund’s Regional Economic Outlook for the Middle East and Central Asia, published on 22 October. Egypt is projected at 5.1 percent for its 2026 fiscal year, which runs July to June. The Fund’s baseline assumes the conflict abates in early 2027…
The Egyptian pound stood above its April low on 15 October. On the Central Bank of Egypt’s average market buy rate, the dollar’s price was 53.4134 pounds that day, against its 7 April peak of 54.6537. The dollar had climbed to that peak from 47.8714 on 26 February, the last published date before the conflict…
Saudi Finance Minister Mohammed Al-Jadaan will chair the International Monetary and Financial Committee into a fourth year, and the committee’s members, meeting in Bangkok on 17 October, agreed text that stresses secure and resilient energy flows and the principle of freedom of navigation as essential to global economic stability. In the same text, members said…
The International Monetary Fund’s credit outstanding plus undrawn commitments stands at 240 billion dollars, Managing Director Kristalina Georgieva told the plenary of the 2026 Annual Meetings in Bangkok on 16 October, and its concessional lending, at 36 billion dollars, is roughly four times its historical average. She said unused lending capacity is roughly three times…
The economies of the Gulf Cooperation Council are set to grow 9.1 percent in 2027, and the recovery of Qatar’s gas capacity will now take a year and a half rather than three years, Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, told a regional briefing in Bangkok on 15 October….