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IMF revises forecasts, says Iran achieved positive economic growth in 2020
Apr 07, 2021 00:41The International Monetary Fund (IMF) has revised its analysis of the economic situation in Iran in 2020 as its latest estimates suggest that the country recorded a positive economic growth last year despite grappling with US sanctions and the impacts of the coronavirus pandemic.
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Iran urges IMF to swiftly reply to Iran’s loan request
Apr 01, 2021 11:51Iran has asked the International Monetary Fund (IMF) to immediately consider its request for an emergency loan it needs to battle the economic impacts of COVID-19, the disease caused by the coronavirus pandemic.
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Hariri says Lebanon has to re-engage IMF to avoid collapse
Mar 19, 2021 03:02Lebanon’s Prime Minister-designate Saad al-Hariri says the only way to stop the country’s economy from total collapse is to form a cabinet that can re-engage with the International Monetary Fund (IMF).
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With likely victory of Andrés Arauz, Ecuador will join Latin America’s anti-imperialist surge
Jan 29, 2021 17:44Ecuador is just weeks away from becoming the latest Latin American nation to move away from the IMF and United States and elect a strongly progressive, anti-imperialist government.
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Global debt rose sharply in first 9 months of 2020 amid pandemic
Nov 19, 2020 12:16Global debt increased at a breakneck pace in the first nine months of the year as governments and companies continue to spend in response to the COVID-19 pandemic, new research shows.
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IMF: Iran to see fastest regional growth of 3.4% in 2021
Oct 21, 2020 09:25The International Monetary Fund (IMF) says the double whammy of lower oil prices and reduced demand amid the coronavirus pandemic will cause the sharpest economic contractions this year among the major oil producers in the West Asia and Central Asia.
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IMF chief warns global economy 'not out of the woods'
Jul 16, 2020 05:55IMF chief Kristalina Georgieva has warned of a possible second wave of the coronavirus, urging countries around the world to keep their support programs in place.
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What bankers are really worried about
May 06, 2020 07:05Europe’s banks have often complained about too much regulation hampering their ability to lend. The COVID-19 epidemic shows that when times are bad the real constraint lies elsewhere: In the financial markets.
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Russia raps US for obstructing IMF’s loan to Iran, Syria amid COVID-19 pandemic
May 06, 2020 00:35A senior Russian diplomat has slammed the US for obstructing a loan by the International Monetary Fund (IMF) to Iran and Syria to help them in their fight against the coronavirus pandemic.
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Lebanon approves economic rescue plan, eyes IMF aid
May 01, 2020 02:33Prime Minister Hassan Diab has said that Lebanon hopes to secure IMF aid based on a financial reform plan approved by the government to offset the impact of an ongoing acute economic crisis.