The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency devaluations and step up dialogue on trade, as escalating trade frictions ...
Former International Monetary Fund chief Rodrigo Rato will have to serve a four-and-a-half year jail sentence for misusing company credit cards when he worked at state-owned lender Bankia, Spain's Supreme Court confirmed on Wednesday.
Worsening trade tensions and exchange of tariffs could cause ‘significant economic cost’ to the global economy, an International Monetary Fund spokesman warned Thursday.
Significant consolidation and lower less productive current spending make the ongoing fiscal adjustment in the Gulf Co-operation Council (GCC) less costly than previously thought, according to an International Monetary Fund (IMF) study.
Solid profitability, robust capital base, lower bad loans and adequate provisioning help Qatar's banking sector withstand severe macroeconomic shocks, according to the International Monetary Fund (IMF).
"When testing for the asymmetry relating to the magnitude of oil price changes, we find that stock return sensitivities are significantly higher for large oil variations in Oman and Qatar," the IMF working paper said.
Mohammed El Qorchi said that IMF believes the State of Qatar's policy towards economic diversification has been good.
The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said on Tuesday.