A Spanish court on Friday ordered former IMF head Rodrigo Rato to stand trial for fraud over the failed 2011 listing of Bankia, a bank he led which later needed rescuing by the state.
The diplomatic rift between Qatar and four Arab countries is expected to have a “limited impact” on growth in the region at this stage, the IMF said.
Mohammed El Qorchi said Qatar had acted quickly to reroute trade disrupted by the sanctions and establish new sources of food supply, easing fears of shortages.
The International Monetary Fund, a key creditor in Greece's bailout, will not participate in any further rescues of the debt-wracked country, Germany's finance minister told a Greek newspaper Saturday.
Economic growth in Saudi Arabia and most other Arab oil exporters will slow this year following production cuts aimed at propping up energy prices, the International Monetary Fund said on Tuesday.
The Qatar Stock Exchange (QSE) witnessed more than 70% of its stocks in the red but overall its key index settled marginally down this week.
A French court on Monday found IMF head Christine Lagarde guilty of negligence over a massive state payout to a tycoon when she was French finance minister but spared her a fine or prison sentence.