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JIHAD AZOUR
Gulf states in limbo as US-Iran crisis drags onGulf nations grapple with war and peace as Iran's Strait of Hormuz blockade cripples energy exports. Infrastructure damage requires extensi...- IMF says risks to Middle East outlook tilted to downside on global uncertaintyThe International Monetary Fund has increased its 2025 growth forecast for the Middle East and North Africa region. Despite recent improvem...
- Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF saysThe International Monetary Fund warned that Middle East and North Africa face economic challenges due to lower oil prices, tariff measures,...
- Ready to support Pakistan to improve its economic situation: IMFIMF is ready to aid Pakistan in crucial reforms for economic growth. Jihad Azour stresses fiscal work, energy sector reform, and structural...
- IMF seeks more Pak assurances before releasing bailout packageThe recent developments are a key step forward in signing a much-delayed staff-level agreement (SLA) with the Fund and unlocking multilater...
- IMF sees bumper year for Arab oil producers, risk for othersThose hard-hit in the Middle East, however, are oil importers and countries like Egypt that also rely heavily on food imports from the Blac...
- Race between vaccines and virus to shape uneven Middle East recovery: IMF"What we are seeing today is still a race between the vaccine and the virus, and this will shape the recovery in 2021," said Jihad Azour, d...
- IMF: Nearly all Mideast economies hit by pandemic recessionThis comes as the IMF estimates that the global economy will shrink 4.4% this year, marking the worst annual plunge since the Great Depress...
- The Middle East will lose out on $270 billion worth of oil income amid virus, recessionThe international lender expects an overall economic contraction of 7.3% in Mideast oil exporting countries this year due to hits from the ...
- Middle East’s $2 trillion wealth could just vanish in 15 yearsGlobal oil demand may start falling sooner than expected, straining finances of the Gulf Cooperation Council.
- Cash-strapped Pakistan eying IMF bailout?In October 2016, Pakistan had USD 18.9 billion reserves that were enough to provide import cover for four and a half months. But those rese...
- Pakistan to allow rupee depreciation after IMF talksA senior official told the Dawn that the State Bank of Pakistan (SBP) would now let the currency exchange rate adjust to market conditions ...
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