Saudi Arabia has approved its state budget for 2025, which forecasts a fiscal deficit of SAR101bn ($27bn) or 2.3 per cent of ...

Four out of ten people in the world live in a country that spends more money servicing the interest on its sovereign debts ...

IMF Managing Director Kristalina Georgieva says the continued support from international financial institutions and other ...

Sri Lanka’s central bank set its new single benchmark interest rate at 8% to bolster the economy’s recovery from the worst ...

Excluding the pandemic, the turnaround in the budget, from surplus to deficit, is set to be the largest single-year reversal ...

The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...

He returned to Ghana in 2000 to work as an economist at the Bank of Ghana. He rose from Senior Economist to Head of Department, and subsequently as Special Assistant to the Governor of the Bank. In ...

Angola is not in talks with the International Monetary Fund on a new financial assistance programme, its finance ministry ...

Less than two weeks before the Cop29 climate summit, there was an announcement in South Africa that generated little heat and ...

South Africa would gain significant economic benefits by adopting a lower inflation target though the process should be ...

Abdellatif Jouahri, Governor of Morocco’s central bank, Bank Al-Maghrib, announced on Tuesday that a draft law regulating cryptocurrencies is undergoing adoption. The draft law will seek to clarify ...