Egypt is accelerating its state-asset sale programme, listing more government-owned companies on the Egyptian Exchange and moving closer to unlocking about 1.6…
QatarEnergy's force majeure on affected liquefied natural gas supply contracts has become one of the most important energy market developments of 2026,…
President Abdel Fattah el-Sisi's meeting with IMF Managing Director Kristalina Georgieva in Nairobi comes at a critical moment for Egypt's reform program,…
The economies of the Middle East, North Africa and Pakistan are projected to grow 6.6 percent in 2027, with oil exporters rebounding as production and trade gradually return to normal after the disruption caused by the war in the region, Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, told a press…
UAE GDP growth is “expected to accelerate to around 10 percent in 2027”, Central Bank of the UAE Governor Khaled Mohamed Balama said in the country’s keynote address at the IMF and World Bank Group Annual Meetings in Bangkok, citing the rapid expansion of non-oil activity, continued infrastructure investment and increased production capacity in the…
Global public debt is expected to exceed 100 percent of world gross domestic product by 2030, a level last reached in the immediate aftermath of World War II, the International Monetary Fund said in a blog published on 14 October with its October Fiscal Monitor, titled Taxing Better to Boost Growth. The average 10-year government…
The International Monetary Fund expects Egypt’s economy to grow 5.1 percent in 2026 and 4.7 percent in 2027. Its October World Economic Outlook, released on 13 October, also forecasts double-digit 2027 rebounds for Qatar at 18.8 percent, Kuwait at 17.1 percent and Bahrain at 13.9 percent, with Saudi Arabia at 7.9 percent and the UAE…
International Monetary Fund Managing Director Kristalina Georgieva described artificial intelligence as “a slow-moving tsunami, but tsunami none the less” at her first appearance at the fund and World Bank annual meetings in Bangkok on 12 October, Bloomberg reported, warning of its threat to the labour market and to taxation and urging policymakers to rethink education….
Kristalina Georgieva, the International Monetary Fund’s managing director, said on 7 October that the world economy faces 3 major crosscurrents: the rapid arrival of AI, persistently high energy prices and record levels of public debt. Speaking in Singapore ahead of the fund’s Annual Meetings with the World Bank in Bangkok next week, she said AI,…
The International Monetary Fund’s Executive Board has concluded the 2026 Comprehensive Surveillance Review, the first comprehensive review of how the Fund monitors its members’ economies since May 2021, setting strengthening members’ resilience to shocks as its overarching goal, the Fund said on 2 October. The Board concluded the review on 17 September. It sets 3…
The International Monetary Fund envisages completing the final review of Egypt’s Extended Fund Facility (EFF) together with the third review of its Resilience and Sustainability Facility (RSF) in the fourth quarter of 2026, which would make about 2.3 billion dollars available to Egypt, Julie Kozack, Director of its Communications Department, said at a press briefing…
The energy supply shock has been contained, in no small part thanks to the Gulf Cooperation Council’s decisive response, IMF Managing Director Kristalina Georgieva told GCC finance ministers and central bank governors in Manama on Thursday, adding that “resilience is no accident” and “it is the dividend of reforms you have championed.” She credited strong…
The IMF’s Executive Board has concluded its 2026 Article IV consultation with Algeria, estimating growth at 3.9 percent in 2025 and projecting 3.8 percent in 2026, according to a press release published on Monday. It warned that large fiscal deficits have depleted fiscal buffers and that external buffers have eroded. Staff projections show gross official…