FinanceTop StoriesPayment of USD 976 million: IMF reaches staff-level agreement with KenyaGBO CorrespondentJune 13, 2024 GBO CorrespondentJune 13, 2024 The USD 3.6 billion IMF agreement that Kenya is currently party to,...
EconomyTop StoriesWhat impact will higher interest rates have on Japan economy? Analyst answersGBO CorrespondentMay 3, 2024May 2, 2024 GBO CorrespondentMay 3, 2024May 2, 2024 Japan has one of the highest government debt-to-GDP ratios in the world,...
EconomyTop StoriesWorld witnessed global output loss of USD 3.3 trillion since pandemic: IMF chief Kristalina GeorgievaGBO CorrespondentApril 18, 2024 GBO CorrespondentApril 18, 2024 Kristalina Georgieva claims that since the global financial crisis, economic prospects have...
TechnologyTop StoriesWill artificial intelligence impact job market? IMF gives its takeGBO CorrespondentJanuary 18, 2024 GBO CorrespondentJanuary 18, 2024 According to the IMF analysis, half of the occupations that AI affects...
EconomyTop StoriesSaudi Vision 2030: Kingdom postpones projects beyond deadline year to avoid inflationary pressuresGBO CorrespondentDecember 18, 2023December 15, 2023 GBO CorrespondentDecember 18, 2023December 15, 2023 According to the International Monetary Fund, Saudi Arabia would require crude at...
FinanceTop StoriesItaly, France, Spain to ‘buckle up’ on debt: IMF chief Kristalina GeorgievaGBO CorrespondentNovember 28, 2023November 27, 2023 GBO CorrespondentNovember 28, 2023November 27, 2023 International Monetary Fund chief Kristalina Georgieva flagged concerns for economic recovery in...
EconomyTop StoriesAs Oman economy shows resilience, Sultanate to spend USD 6.5 billion furtherGBO CorrespondentNovember 21, 2023 GBO CorrespondentNovember 21, 2023 Oman's economy surged 4.3% in 2022, driven by the hydrocarbon sector, before...
FinanceTop StoriesSaudi Arabia elevates FDI data accuracy with innovative methodologyGBO CorrespondentNovember 15, 2023 GBO CorrespondentNovember 15, 2023 The latest figures show a significant increase in FDI in Saudi Arabia,...
EconomyTop StoriesSaudi Arabia collaborates with IMF for accurate FDI reportingGBO CorrespondentOctober 30, 2023October 30, 2023 GBO CorrespondentOctober 30, 2023October 30, 2023 The IMF has voiced support for the Kingdom's initiatives to enhance the...
EconomyTop StoriesNigeria seeks World Bank loan to support reform amid South Africa challengeGBO CorrespondentOctober 26, 2023October 25, 2023 GBO CorrespondentOctober 26, 2023October 25, 2023 According to the World Bank, Nigeria continues to have high inflation and...