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Category :IMF

IMF Economy GDP Oil & Gas Regional World

OPEC+ Oil Production Cuts Impact Kuwait’s Economy

Global Business Magazine December 10, 2024

Kuwait’s economy remains in recession due to the production cuts announced by OPEC+ nations, but a recovery has begun in the Read More

Economy GDP IMF Regional

Qatar’s Annual Growth Rate Projected to be Around 4.75%

Global Business Magazine December 3, 2024

Qatar’s economy has shown signs of a gradual rebound as its real GDP growth declined from 4.2% in 2022 to 1.2% percent in 2023, mainly Read More

IMF Economy World

IMF: Global Economy Set to Rely More on BRICS

Global Business Magazine October 25, 2024

The global economy is set to rely more on the BRICS group of emerging economies to drive global growth, rather than their Read More

IMF Regional World Bank

IMF Revises UAE’s Growth to 5.1% in 2025

Global Business Magazine October 23, 2024

Despite escalating geopolitical tensions and trade protectionism, the International Monetary Fund (IMF) has revised upwards its growth forecast for the UAE in 2025 Read More

Economy Funding IMF World

Principality of Liechtenstein Joins IMF

Global Business Magazine October 22, 2024

The Principality of Liechtenstein, a German-speaking, 25 km-long Principality between Austria and Switzerland, became the 191st member of the International Monetary Fund (IMF) Read More

Economy GDP IMF Regional

Bahrain’s Economy to Grow 3% in 2024, Says IMF

Global Business Magazine October 17, 2024

Bahrain’s economic growth is anticipated to remain at 3% in 2024 and rise to 3.5% in 2025, with the completion of refinery upgrades in the Read More

Economy IMF Public Debt World

Global Public Debt to Cross $100 Trillion in 2024

Global Business Magazine October 15, 2024

Global public debt is very high and expected to exceed $100 trillion (93% of global GDP) in 2024 and to keep rising through the end Read More

IMF Economy GDP Regional World

Kuwait’s Real GDP to Contract 3.2% in 2024

Global Business Magazine October 11, 2024

The real GDP of Kuwait, one of the major oil exporters in the GCC region, will contract by a further 3.2% in 2024 due Read More

Economy IMF Regional World

Global Economy to Grow at 3.2% in 2024

Global Business Magazine July 17, 2024

Global economic growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2% in 2024 and 3.3% in 2025, the Read More