RIYADH (Reuters) - Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government ...

In a major shift in its plans, the interim government has decided to sit with the political parties first before the six reform commissions commence their work in full swing.

On September 25, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Kingdom of Eswatini and endorsed the staff appraisal without a ...

Saudi Arabia plans to cut spending next year to contain a widening budget deficit as a decline in oil revenue runs up against the cost of multibillion-dollar infrastructure projects.

The regular issuance of common EU debt along the lines of the bloc’s €806.9 billion pandemic recovery fund is not “essential” ...

On September 25, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with the ...

On 24 September, the Chinese Central Bank cut interest rates and infused $143 billion into the banking system by cutting the ...

State officials on Monday pleaded with MPs to quickly pass a bill approving a 1.5 per cent general increase in the salaries ...

Jacques de Groote, who has died aged 97, played an influential role in the global economy as Belgium’s executive director to ...

A forum set up by Egypt's president began discussing on Monday a possible shift in the country's subsidy programme towards ...

The International Monetary Fund pledged to work with Bangladesh’s interim government to regain economic stability as the ...

The IMF staff's review, following a Sept. 24-30 staff visit, also backed Bangladesh authorities' efforts to make economic ...