Global economic growth slashed to 2.8% as Trump’s tariffs create “major negative shock,” with US recession risk rising to 40% and forecasts for both US and China hit hardest
IMF
Latest in IMF
financial crisis
Lebanon minister pledges full depositor payment in economic recovery plan: Report
The commitment to depositors is part of an attempt to break a stalemate on reforms, which are needed to unlock fresh funds from the IMF
climate change
IMF approves $2.5bn in funding for Egypt, backs climate finance initiative
Fund cites “mixed progress” on reforms as Egypt faces Red Sea disruptions costing $6bn in Suez Canal revenue while struggling with high debt and fiscal challenges
IMF
UAE economy to grow 4% this year: IMF
The International Monetary Fund puts UAE economic growth at around 4 per cent this year
IMF
Saudi Arabia’s GDP growth revised down to 1.5% by IMF for 2024
The Fund, however, estimated the Kingdom’s GDP growth to accelerate to 4.6% next year
global economy
World’s $100tn fiscal time bomb keeps ticking, cautions IMF
The warning note comes as ministers and central bankers gather in the US capital city for the IMF’s annual meeting, commencing on Monday
IMF
Saudi Arabia leads G20 tourism growth with 73% increase in international visitors
Saudi Arabia has the fastest-growing tourism market of any G20 country, according to a report by the UNTO
Boston Consulting Group
UAE economy set for further growth in 2024 as tourism, finance and construction thrive
UAE economy will see continued growth in H2 despite global economic uncertainties
economic outlook
IMF upgrades UK growth forecast as economy exits recession faster than expected
The latest projections from the IMF come at a time when the UK is going to the polls this July
GDP
UAE GDP to grow 4% in 2024 says IMF
International Monetary Fund experts release GDP forecast following visit to UAE
IMF
Saudi Arabia and India will be fastest growing economies of 2025: IMF
IMF raises Saudi economy forecast for 2025, places it second only to India for growth
IMF
IMF raises Saudi economy growth forecast to 5.5%
Saudi Arabia’s economy will grow 5.5 per cent this year says the IMF
climate change
UAE pledges further $200m to support vulnerable countries with climate resilience
UAE will support countries most impacted by climate change
IMF
IMF praises UAE economic and financial developments
International Monetary Fund commends the UAE as it forecasts 4 per cent GDP growth
IMF
Saudi economy to grow 4% next year: IMF
Saudi Arabia’s economy will grow by four per cent next year says International Monetary Fund
