IMF Sees $4.7 Billion of Egypt State Divestment Proceeds Going to Debt Reduction
Economy

IMF Sees $4.7 Billion of Egypt State Divestment Proceeds Going to Debt Reduction

The estimate is conditional on completing remaining asset sales and allocating at least half to debt, while the fund war...

Niamh O'Sullivan 👁 62 💬 0
Argentina’s BCRA Reserves Top US$50bn for First Time Since 2019—But the Real Driver Is Gold, Not Dollars
Economy

Argentina’s BCRA Reserves Top US$50bn for First Time Since 2019—But the Real Driver Is Gold, Not Dollars

Gross international reserves surged past US$50bn under President Milei, propelled by a 4% gold price jump. A mere US$8m ...

Niamh O'Sullivan 👁 35 💬 0
Milei Wants US-Style Government Shutdown for Deficits and a Central Bank ‘Monetary Handcuff’
Economy

Milei Wants US-Style Government Shutdown for Deficits and a Central Bank ‘Monetary Handcuff’

Argentina’s president unveils a fiscal rule that would automatically paralyze non‑essential state services if the budget...

Niamh O'Sullivan 👁 31 💬 0
IMF Approves $1.8 Billion Disbursement for Egypt as Economy Shows Resilience
Economy

IMF Approves $1.8 Billion Disbursement for Egypt as Economy Shows Resilience

The IMF board completed Egypt's seventh review, bringing total disbursements to $7.3 billion. Strong GDP growth, falling...

Niamh O'Sullivan 👁 32 💬 0
Egypt Targets End-September Rollout for Post-IMF National Economic Program
Economy

Egypt Targets End-September Rollout for Post-IMF National Economic Program

Prime Minister Madbouly confirms the government is drafting a new economic blueprint to succeed the IMF deal, backed by ...

Niamh O'Sullivan 👁 38 💬 0
IMF Sends First Mission to Venezuela in Over Two Decades as Country Seeks Economic Reopening
Economy

IMF Sends First Mission to Venezuela in Over Two Decades as Country Seeks Economic Reopening

A high-level IMF team met with acting President Delcy Rodríguez, marking a dramatic shift in Caracas’ relationship with ...

Niamh O'Sullivan 👁 36 💬 0
IMF Says Saudi Economy Resilient, Projects 5.5% Growth Next Year
Economy

IMF Says Saudi Economy Resilient, Projects 5.5% Growth Next Year

The IMF's Article IV review hails Saudi Arabia's economic reforms, non-oil momentum, and AI potential as geopolitical te...

Niamh O'Sullivan 👁 36 💬 0
IMF Chief Tells Argentina to ‘Keep Buying’ as Milei’s Economic Plan Wins Rare Public Endorsement
Economy

IMF Chief Tells Argentina to ‘Keep Buying’ as Milei’s Economic Plan Wins Rare Public Endorsement

Kristalina Georgieva’s visit to Buenos Aires delivered unusually explicit backing for the government’s fiscal and reserv...

Niamh O'Sullivan 👁 36 💬 0
IMF Chief Georgieva Praises Milei's Austerity, Says Argentina Has Regained Market Confidence
Economy

IMF Chief Georgieva Praises Milei's Austerity, Says Argentina Has Regained Market Confidence

During a rare visit to Buenos Aires, IMF head Kristalina Georgieva declared Argentina is now in a much stronger position...

Niamh O'Sullivan 👁 37 💬 0
UAE Secures Spot Among World’s Top 30 Economies, IMF Data Shows
Economy

UAE Secures Spot Among World’s Top 30 Economies, IMF Data Shows

Nominal GDP reached $621.55 billion in 2026, with per capita income climbing to $54,214. IMF projects continued expansio...

Niamh O'Sullivan 👁 51 💬 0
Pakistan Seeks $10 Billion FX Safety Net from US After Mediating Iran Talks
Economy

Pakistan Seeks $10 Billion FX Safety Net from US After Mediating Iran Talks

Islamabad has formally asked the US Treasury for a $10 billion bilateral exchange stabilization facility, aiming to shor...

Niamh O'Sullivan 👁 41 💬 0