CORRECTED-EXECUTIVE DIRECTORS FOR SRI LANKA AT IMF: ALTHOUGH ATTACKS COULD SLOW SRI LANKA ECONOMY IN NEAR TERM, IN MEDIUM TERM ANNUAL GROWTH SHOULD BE ABOUT 5%.
CORRECTED-EXECUTIVE DIRECTORS FOR SRI LANKA AT IMF SAYS TOO EARLY TO ASSESS FULL IMPACT OF SRI LANKA BOMBINGS, FISCAL AND CURRENT ACCOUNT DEFICITS COULD WIDEN.
COLOMBO, May 16- The International Monetary Fund said on Thursday it was holding its forecast for Sri Lanka's 2019 economic growth at 3.5% in spite of devastating Easter bombings, saying it was too early to assess financial damage. Sri Lanka's economy, which depends on tourism, garment manufacturing, tea exports and remittances, was already at a low point before...
COLOMBO, May 16- The International Monetary Fund said on Thursday it was holding its projection for Sri Lanka's 2019 economic growth at 3.5% despite devastating Easter bombings that have alienated tourists and soured business sentiment.
COLOMBO, May 16- Sri Lanka's budget and current account deficits could widen because of the Easter Sunday bombings but the island's economy will recover in the medium-term and then have about 5% annual growth, the International Monetary Fund said on Thursday. The April 21 bombings, which Islamic State claimed responsibility for, killed more than 250 people in...
IMF: ALTHOUGH ATTACKS COULD SLOW SRI LANKA ECONOMY IN NEAR TERM, IN MEDIUM TERM ANNUAL GROWTH SHOULD BE ABOUT 5%.
FITCH SAYS DEBT RELATED CHALLENGES INCREASE IMPORTANCE OF SRI LANKA'S IMF PROGRAMME IN CATALYSING FUNDING SUPPORT AND AS A POLICY ANCHOR.
DUBAI, May 15- Higher public spending will push Saudi Arabia's budget deficit to 7% of gross domestic product this year, the International Monetary Fund said on Wednesday, a forecast well above the government's own projection. The kingdom recorded a budget surplus of 27.8 billion riyals in the January-March period, its first surplus since oil prices plunged in...
Gold retreated from a one-month high hit earlier on Tuesday as stock markets and dollar took heart after the United States and China decided to keep negotiating their trade deal, which has rattled financial markets for months.
ISLAMABAD, May 12- Technical teams from Pakistan and the International Monetary Fund have reached agreement on a new three-year, $6 billion bailout package, Pakistani Finance Minister Hafeez Shaikh said on Sunday.
DAKAR, May 9- An International Monetary Fund mission said on Thursday that it had agreed a three-year lending programme with Congo Republic subject to the government's fulfilment of reforms and approval by the IMF's executive board. But Congo's reduction of its debt load and an agreement struck last month to restructure some $2 billion in debt to China led the...
DAKAR, May 9- Congo Republic's economy is expected to grow more than 5 percent in 2019, up from less than 1 percent in 2018, mainly because of a rise in oil production and prices, the IMF said on Thursday. Congo's economy has been gutted by a sharp drop in oil prices since 2014, significantly increasing debt levels. Global oil prices last month hit their highest level...
CONGO REPUBLIC'S ECONOMY EXPECTED TO GROW MORE THAN 5 PCT IN 2019, UP FROM LESS THAN 1 PCT IN 2018 AS OIL PRODUCTION RISES- IMF.
IMF MISSION CHIEF PRAISES "CAUTIOUS" CONGO REPUBLIC BUDGET IN 2018.
CONGO'S CASE IS SOLID AND IS GOING TO ENABLE IMF TO MOVE QUICKLY TOWARDS A PROGRAMME- IMF MISSION CHIEF.
RENEGOTIATING WITH COMMERCIAL CREDITORS WOULD MAKE CONGO DEBT MORE SUSTAINABLE- IMF MISSION CHIEF.
PARIS, May 7- International Monetary Fund head Christine Lagarde said on Tuesday that China and the United States must resolve their trade tensions because they threaten the global economy.
Technology is often espoused as a great leveler, but it could also play a major role in perpetuating the gender gap in employment, according to a new report from the IMF.
DAKAR, May 3- Cameroon's economic growth is expected to rise to 4.2 percent this year, compared to 4 percent in 2018, thanks to increased oil production, the International Monetary Fund said in a statement on Friday.
*IMF has warned Zambia is struggling with its debts. LUSAKA, May 3- Zambia will pay off all outstanding legitimate VAT refunds, but plans to press ahead with a new non-refundable sales tax despite criticism from some businesses as it strives to cut debt, its finance minister said on Friday. The International Monetary Fund has repeatedly warned Zambia is...