The 2030 Agenda for Sustainable Development

An IMF blog’s article by Vitor Gaspar and Christine Lagarde dated September 24, 2018, on the United Nations that is to receive shortly a gathering of the World leaders to discuss “The 2030 Agenda for Sustainable Development,” and its 17 Sustainable Development Goals. Give Today’s Children a Chance The long road towards development World leaders […]

IMF staff commending Somalia to implement important reforms

Somalia, as everyone knows, has gone through traumatic times and is now settling down to normality with the help of not only its neighbouring countries but most notably by the IMF. As a matter of fact, the IMF staff commending Somalia to implement important reforms was expected but confronting Somalia’s challenging conditions and implement the […]

Dark Corners of Weak Governance and Corruption

Here is  Christine Lagarde, Managing Director of the International Monetary Fund with a fairly straightforward essay on how to fight off weak governance and corruption.in the world. It goes without saying that the IMF in its role of facilitator of anything to do with the world economy and its good performance, finds it necessary to […]

Lebanon’s debt-to-GDP ratio could balloon to 180% by 2023

The National of the UAE reported that Lebanon’s debt-to-GDP ratio could balloon to 180% by 2023 if the government does not undertake reforms to narrow its fiscal deficit, which may reach 10 per cent of GDP amid the current geopolitical tensions, the IMF said. Lebanon needs to start implementing reforms that address its funding needs […]

A photograph of Algeria’s Economic and Financial situation

This is a summary note relating to the last report of the Bank of Algeria on the economic and financial situation of the country at the end of 2017. It is a photograph of Algeria’s economic and financial situation as it stands today. 1.- According to the Governor of the Bank of Algeria in his […]

Mauritania boosting its economy with help from the IMF

An IMF blog  published on December 13, 2017 about Mauritania boosting its economy with help from the IMF. Mauritania is a country bordering the MENA western side of North Africa. It has just landed some cash from the IMF.  It has an economy that is dominated by the mining and fishing industries. It has seriously […]

Kuwait facing “lower-for-longer” oil prices

According to the IMF latest piece of news, Kuwait facing “lower-for-longer” oil prices from a position of strength, owing to large financial buffers, low debt, and a sound financial sector seems lately to be undergoing some radical changes in its regional and international stand. This latter is notably allowing the country to sign for instance […]