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RUSSIA TO GROW FASTER THAN ALL ADVANCED ECONOMIES SAYS IMF

Russia to grow faster than all advanced economies says IMF

The International Monetary Fund has forecast Russia’s economy will grow faster than all of the world’s advanced economies, including the US, this year. The IMF expects Russia to grow 3.2 per cent this year, significantly more than the UK, France, and Germany. The Fund says oil exports have held steady and government spending has remained […]

Egypt says it

Egypt says it has reached a deal with the IMF to increase a bailout loan to $8 billion

Egypt announced on Wednesday that it has finalized a deal with the International Monetary Fund (IMF) to increase a bailout loan to $8 billion. Prime Minister Moustafa Madbouly made this announcement in televised comments, revealing that Egypt had been in negotiations with the IMF for months to raise the initial $3 billion bailout loan agreed […]