GCC: Budget deficits to rock states by 2015, IMF
Members of the Gulf Cooperation Council namely Saudi Arabia, the UAE, Kuwait, Qatar, Oman and Bahrain could be facing serious economic woes and budget deficits […]
IMF
Egypt: IMF returns to help new government
A delegation from the International Monetary Fund will be visiting Egypt to provide technical aid on the government’s planned Value Added Tax (VAT) system. They […]
Tunisia: Fitch cuts Tunisia’s ratings and promises more
Fitch ratings have published a negative outlook of Tunisia and have promised to implement further cuttings if the situation in the country is not remedied. […]
Tunisia: PM Larayedh warns next government
Prime Minister Larayedh has hinted that Tunisia will be cutting its growth forecast for the third time in a year due to the continuing crisis. […]
Tunisia gears towards financial emergency
An official of the International Monetary Fund (IMF) has stated that the assassination of Mohamed Brahmi in July which provoked protests against the government has […]
Tunisia: Among Africa’s economic super power in 2038
According to Wikistrat, a geopolitical consulting firm, Tunisia has been considered as a natural global candidate among other economies and is supposedly expected to lead […]
Egypt: Stock market and foreign reserves in limbo
The ongoing political unrest between pro-Morsi and anti-Morsi demonstrators, alongside the intervention of the military has taken a serious bite on Egypt’s stock market, as […]
Tunisia: Government to recapitalize banks by September
The Tunisian government’s published a letter sent to the IMF, describing the government’s intention to recapitalize its banks through a rescue operation. The amount needed […]
The IMF brings a new deal to Tunisia
The Executive Board of the IMF has finally approved a 2 year Stand-By Arrangement, for an amount equivalent to Special Drawing Rights (SDR) $1.74 billion […]
Marzouki fundraising in Japan
Japan will be financially supporting Tunisian projects up to $730 million in a bid to ease the North African country’s hardship during its transitional period. […]