The global economy is recovering from the Covid-19 pandemic at an uneven pace due to unequal access to vaccinations, with the Delta variant threatening those countries lacking essential medical supplies, the IMF's chief economist warned on Wednesday.
Early vaccine rollout and the improvement in the relationship between GCC countries following the Al Ulha Accord will help Qatar economy recover, said Jihad Azour, director of the Middle East and Central Asia Department at the IMF.
Access to the Covid-19 vaccine will play a critical role in the recovery ahead in the Middle East and Central Asia region, said Jihad Azour, director, Middle East and Central Asia Department at the International Monetary Fund (IMF).
Qatar will return to growth path in 2021, aided by domestic demand and higher gas production, while its ambitious structural reforms underpin the economic diversification to enhance long-term potential growth, according to the International Monetary Fund (IMF).
Covid-19 pandemic is bringing about a “rocky path to a new-normal for the global economy”, QNB said and noted the IMF’s expectation is for only a “partial and uneven” global recovery in 2021.
The global economy is showing signs of bouncing back from the severe downturn caused by the global coronavirus pandemic, but a full recovery is ‘unlikely’ without a vaccine ...
The International Monetary Fund warned Lebanon that its economic implosion is accelerating and told authorities to act urgently to pull the country back from crisis.
Qatar is among the MENA countries "better placed" to accommodate rising deficits, although "vulnerabilities" are on the rise in the region due to lower growth and the sharp decline in oil prices, IMF has said in a report.
Qatar is among Mena (Middle East and North Africa) countries, where policy space is available to continue pursuing a mix of timely and targeted policies and liquidity support to hard-hit sectors ...
The Shura Council participated in a parliamentary meeting held Wednesday within the framework of the partnership between the Parliamentary Assembly of the Mediterranean
Faster economic diversification will not resolve the fiscal challenge on its own in the Gulf Co-operation Council (GCC), hence requiring enhanced non-oil fiscal revenue and re-evaluation
Anti-coronavirus liquidity support has amounted to $41bn in the GCC, about 2% of the region’s GDP, a report by International Monetary Fund (IMF) has shown.