IMF | Tags | Econostrum | Economic News in the Mediterranean

The IMF criticizes the slow implementation of reforms in Lebanon

09/22/2022 | Society / Institutions

LEBANON. A delegation from the International Monetary Fund (IMF) came to see the progress of Lebanon's reforms and pointed out that they have been slow despite the deep economic and social crisis the country has been experiencing.

Tunisia is preparing to conclude an agreement with the IMF

09/20/2022 | Society / Institutions

TUNISIA. According to the governor of the Central Bank of Tunisia, the long-awaited agreement with the International Monetary Fund should be signed in a few weeks for an amount between 2 and 4 billion dollars.

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Greece officially freed from the European Union's tutelage

08/23/2022 | Society / Institutions

GREECE. After twelve years of European tutelage, Greece is emerging from the European Commission's enhanced surveillance process.

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Egypt's central bank governor throws in the towel amid economic meltdown

08/18/2022 | Society / Institutions

EGYPT. Tareq Amer, Governor of the Central Bank of Egypt, has decided to resign one year before the end of his mandate. His country is experiencing a serious economic crisis.

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UGTT and UTICA sign a "social contract" with the Tunisian government

08/16/2022 | Society / Institutions

TUNISIA. The Tunisian government and the main trade unions of employees and traders sign an agreement to start negotiations on the economic reforms requested by the IMF in exchange for its support.

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IMF urges Egypt to speed up fiscal and structural reforms

07/28/2022 | Society / Institutions

EGYPT. The International Monetary Fund (IMF) has said that Egypt, which is seeking a loan extension, must make "decisive progress" in fiscal and structural reforms.

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Lebanese Bankers' Association says country's draft agreement with IMF illegal

06/23/2022 | Society / Institutions

LEBANON. The Lebanese Banks Association rejects the Lebanese government's draft agreement with the International Monetary Fund

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Tunisia on national strike called by the UGTT

06/16/2022 | Society / Institutions

TUNISIA. The powerful General Union of Tunisian Workers (UGTT) calls the 250,000 employees of the sector and the public service to a 24-hour strike.

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Jordan wants to attract $41 billion in private investment in ten years

06/07/2022 | Society / Institutions

JORDAN. Jordan is embarking on a development plan with the main objective of attracting $41bn of private funds in ten years to double its growth and solve its unemployment problem.

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Nabih Berri re-elected for a seventh term as Speaker of the Lebanese Parliament

05/31/2022 | Society / Institutions

LEBANON. At eighty-four years old, the Shiite Nabih Berri is re-elected, for a seventh mandate, president of the Lebanese Parliament. A position he has held since 1992.

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The UGTT union engages in an arm wrestling match with Tunisian president Kaïs Saïed

05/25/2022 | Society / Institutions

TUNISIA. Ten months after assuming full powers, the Tunisian president Kaïs Saïed is struggling to gather people around his project of a new constitution, while legislative elections are scheduled for December 2022 and a new form of voting must be defined.

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Tunisia's 2022 budget deficit forecast at 9.7% of GDP vs. 6.7% expected

05/25/2022 | Society / Institutions

TUNISIA. The Central Bank of Tunisia tries to stop both inflation and its budget deficit, whereas the purchasing power does not cease falling in the country in the light of the permanent increase in prices.

The Lebanese street can now count on thirteen MPs to make its voice heard

05/17/2022 | Society / Institutions

LEBANON. The final results of the Lebanese legislative elections show a decline of the parliamentary bloc constituted by Hezbollah, the Amal movement and the Free Patriotic Current which loses its majority.

The EBRD forecasts a slowdown in economic growth in the South and East of the Mediterranean

05/10/2022 | Society / Institutions

MEDITERRANEAN. In its latest regional outlook report, the European Bank for Reconstruction and Development foresees a strong impact of the war in Ukraine in the SEMED region with a slowdown of 2.5% in 2022.

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Greece pays all its debt to the IMF in advance

05/03/2022 | Society / Institutions

GREECE. Two years ahead of schedule, Greece is repaying the final €1.85bn of its debt to the International Monetary Fund.

Kaïs Saïed promises legislative elections in Tunisia "on the basis of a new voting system"

04/12/2022 | Society / Institutions

TUNISIA. While his country is in the midst of an economic, social and political crisis, the Tunisian president Kaïs Saïed continues to control the State while promising legislative elections in December 2022 after having decided to dissolve the Parliament.

Egypt seeks further IMF support to underpin its comprehensive economic programme

03/24/2022 | Society / Institutions

EGYPT. Faced with the development of the war in Ukraine and its consequences on their country, the Egyptian authorities are launching a comprehensive economic programme and requesting new financial assistance from the International Monetary Fund.

Tunisia achieved an economic growth of 3.1% in 2021

03/17/2022 | Society / Institutions

TUNISIA. According to the Tunisian National Institute of Statistics, after a GDP in decline of 8,7% in 2020, the Tunisian economic growth recorded an increase of 3,1% in 2021.

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Lebanon's central bank tracks down fraudsters

03/09/2022 | Services

LEBANON. The Central Bank of Lebanon is asking the country's commercial banks to provide the names of political figures who have not complied with a circular ordering them to repatriate funds sent abroad to avoid the country's collapse in 2019.

Lebanon's political paralysis could be defused

01/06/2022 | Society / Institutions

LEBANON. According to Lebanese Prime Minister Najib Mikati, the Parliament could soon vote the 2022 budget, allowing the Council of Ministers to meet again after three months of paralysis.

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