Economic issues have returned to the spotlight in Lebanon, with prospects of a financial collapse taking centre stage as the country reels from its more than one-year war with Israel. Lebanon’s ...
The Central Bank of Iraq (CBI) revealed on Sunday that the country’s gold reserves have grown by 57 percent in the third ...
IMF policy advice and technical assistance have contributed to improving fiscal management in MENA. Notable successes include VAT implementation (Lebanon, Islamic Republic of Mauritania, and Sudan); ...
With Lebanon remaining heavily in debt, economists suggest that a rescue deal with the International Monetary Fund (IMF) is the only way forward - and real reforms would be needed for that to happen.
The IMF projections are based on real GDP growth, which is adjusted for inflation to give a more accurate picture of economic ...
and Syria have established current account convertibility by accepting the obligations under Article VIII of the IMF's Articles of Agreement. Egypt, Israel, Jordan, Lebanon, and Turkey have also ...
The IMF recently sent $1.4bn in emergency funds ... The estimates were calculated by looking at wartime economies in countries such as Lebanon, Iraq and Syria. "With the war ongoing, the situation ...
Lebanon faces multiple crises as 2024 draws to a close grappling with the aftermath of a destructive conflict between Hezbollah and Israel a prolong ...
Lebanon has suffered from skyrocketing unemployment and slow growth since 2011, when civil war broke out in neighboring Syria, according to the International Monetary Fund. Lebanon is also the ...
Countries in proximity to Syria and the ongoing Levantine conflict have been showing resilience, Standard Chartered said ...