Jordan’s Prime Minister Omar al Razzaz said on Sunday the kingdom will pay a heavy price if parliament fails to approve new IMF-backed tax legislation, a main plank of...

Pakistan still plans to seek a bailout from the International Monetary Fund (IMF) despite a Saudi Arabian offer of a $6 billion rescue package, Pakistan’s finance ministry said today....

Extreme poverty in Iran has risen and reached 34 per cent this year, the head of the workers group in the Iranian Shura Council Ali Ridha Mahjoub said. “The...

Unemployment in Egypt is expected to drop to 10.9 per cent by the end of 2018 from 12.2 per cent in 2017, the International Monetary Fund (IMF) announced yesterday....

Last week, International Monetary Fund (IMF) Managing Director Christine Lagarde left a meeting with Egyptian President Abdel Fattah Al-Sisi giving words of praise and commending his economic policies. She...

The International Monetary Fund’s interventions in the amended income tax bill, announced by the Jordanian government on 11 September, sparked an early confrontation between the government and parliament. Deputy...

Pakistani Prime Minister Imran Khan left for Saudi Arabia on Tuesday, the foreign office said, amid speculation he may be seeking economic assistance from a staunch ally instead of another IMF bailout....

The Jordanian government released on Tuesday a revised draft of the income tax bill for the public to make comments within ten days. The Jordanian Prime Minister, Omar al-Razzaz...

The US has threatened to slap Turkey with more sanctions if it does not release a Christian evangelical pastor held on terrorism charges

Turkey’s Treasury and Finance Minister Berat Albayrak held a teleconference with around 6,100 international investors on Thursday. “We are not in talks with the International Monetary Fund. We will...

Qatar is set to be knocked off its perch as the richest country in the world by the Chinese gambling enclave of Macau. For several years the gas rich...

Tunisia’s foreign currency reserves have fallen to record levels, according to data released on Thursday by the Central Bank of Tunisia. The data published on the Bank’s website showed...

Tunisian airport employees have called off a strike slated to take place this week after a deal was reached with the government to improve work conditions, their union said...

Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75 per cent, the latest move in an IMF-backed austerity...

The unemployment crisis in the Middle East and North Africa (MENA) region has the potential to trigger another wave of instability if it isn’t addressed, the International Monetary Fund...

German Chancellor Angela Merkel yesterday has pledged a $100 million loan to the Kingdom of Jordan in order to help implement reforms required by the International Monetary Fund (IMF)....

Lebanon requires “an immediate and substantial” fiscal adjustment to improve the sustainability of public debt that stood at more than 150 per cent of gross domestic product (GDP) at...

Egypt is set to be given the fourth $2 billion tranche of the $12 billion International Monetary Fund (IMF) loan, Finance Minister Mohamed Maait has announced. The money will...

Qatar has extended a $500 mln aid package to Jordan that includes investments, project finance and job opportunities for Jordanians, an official source in Amman said on Wednesday. Two...

Jordan is pinning hopes on oil-rich Gulf states led by Saudi Arabia committing to a multi-billion dollar aid package to help it weather an economic crisis that sparked rare...

Jordan will ask the IMF to give it more time to implement reforms after some of the largest protests in years showed pushing the debt-burdened country beyond its means...

Tunisia will raise fuel prices in the coming days but hold off increasing public wages this year to meet terms of the International Monetary Fund (IMF) for its next...

The Egyptian government is to impose a monthly tax on Syrian refugees starting this summer which will be increased annually according to Syria Call news agency. The tax, which...

Morocco’s left-wing parties are preparing to hold candlelight protest marches at night on Saturday because of what they described as “deteriorating economic conditions and the decline in media, trade...

The arrest of 16 prominent businessmen on charges of corruption and embezzlement may have made the media headlines in Sudan, but under the country’s current “illegal wealth” laws there...

Egypt’s Minister of Finance Amr Al-Garhi has confirmed that his country’s public debt has risen fivefold in the last five years and is expected to continue to rise in the foreseeable...

Egypt will have to deepen its IMF-backed reforms and better encourage private sector growth if it wants to cash in on a wave of global expansion that may soon...

The Egyptian Minister of Education, Tarek Shawki, yesterday announced the approval of a $500 million loan from the World Bank to support education development in the country. The loan...

The Tunisian General Labour Union (the largest trade union organization in the country) has blamed the government for the deterioration of the Tunisian economy. Samir Al-Shafi, Assistant Secretary-General of the...

The Turkish government has revealed details of a $34 billion investment package aimed at creating jobs and reducing the country’s rising deficit, according to Hurriyet Daily News. The project-based...

Qatar has weathered the worst of the Gulf’s economic boycott, the International Monetary Fund (IMF) announced earlier this month, the latest in a series of reports that has seemingly...

Teacher Abdelrahman Ali wonders if he will be able to afford diapers for the second child his wife is expecting. He can no longer put meat on the dinner...