BP CEO gives oil price forecast for 2018
The current price of oil of $69 per barrel is somewhat high, BP CEO Bob Dudley said at the World Economic Forum. Dudley noted that the company's experts predicted decline in oil prices. "We expect the …
International Monetary Fund (IMF)
page 7
Why is bank reform urgent in Iran?
Iran economy's recovery strengthening but the country urgently needs to shore up its banks
Azerbaijan's economy set for comeback: IMF
IMF mission praises Azerbaijan’s reforms
IMF gives Georgia budget 2018 recommendations
The International Monetary Fund recommended the Georgian government to reduce capital spending, including in wages of officials. According to the First Review of the Extended Arrangement under the Extended Fund Facility for …
IMF expects Russian economy's grow to reach 2% this year
An International Monetary Fund (IMF) mission said that Russia's economic growth is anticipated to reach a 2% mark this year. "A cyclical recovery in Russia is gaining pace after a two-year recession, with growth expected to …
The Caucasus and Central Asia: IMF recommends
Countries in the region should use the opportunity created by the global uptick in growth and various integration initiatives to diversify their economies and reinforce growth over the longer term
Europe wants to create its own version of the IMF
The euro zone is studying ways to improve the powers of the European Stability Mechanism
Azerbaijan's GDP to reach almost 100 billion manats in 2022
According to statistical information released by the International Monetary Fund (IMF), Azerbaijan's GDP may reach 98.91 billion manats in 2022. According to the IMF, Azerbaijan's GDP will reach $58.182 billion. The IMF expects …
IMF: Azerbaijani state budget to reach surplus in 2018
The International Monetary Fund (IMF) expects the Azerbaijani state budget to reacha surplus in 2018, Trend reports. According to latest statistics, next year Azerbaijan's state budget revenues will reach 26.242 …
IMF praises Georgian government's work
The International Monetary Fund (IMF) praised the first phase of the development process of a recently approved $285 million, large-scale technical assistance program of the IMF for Georgia. The program aims to support the …
IMF to upgrade its outlook for global growth
The head of the International Monetary Fund Christine Lagarde said that 'the long-awaited global recovery is taking root' and that three-quarters of the globe is enjoying an economic upswing in 'the …
IMF Regional Director holds talks in Georgia
Today, Deputy Prime Minister of Georgia, Finance Minister Dmitry Kumsishvili is holding a meeting with the IMF Director of the Middle East and Central Asia Department, Jihad Azour. The leaders discuss ‘’the fund's …
IMF Regional Director to visit Baku on September 13
The IMF Director of the Middle East and Central Asia department, which includes Azerbaijan, Jihad Azour will pay a one-day visit to Baku on September 13. Azour’s first visit to Azerbaijan will be of a awareness-raising nature, the …
Russia: Five Reforms to Increase Productivity, Diversify Growth
With Russia exiting a two-year long recession after a recent crisis, the time has come to implement necessary reforms to increase productivity—the foundation of sustainable growth and higher living standards—and foster new sources …
Asia's growth meets Turkey
This is undoubtedly an important development not only for Turkey, but also for the Eurasian region
IMF: Russia's monetary policy easing is appropriate
Interest rate cuts should continue at a gradual pace
IMF lowers forecast on Russia's government debt
The International Monetary Fund (IMF) has lowered the forecast on Russia's government debt against GDP in 2017 by 2,3 percentage points, to 17,1%. At the same time, it's specified that the forecast for 2018 is lowered by 3,3 …
IMF improves outlook for Russia's economic growth
The International Monetary Fund revised upward its outlook for Russia. The IMF now expects the Russian economy will grow by 1.4% in each of 2017 and 2018, informed sources in the Fund said. Such figures are in the new forecasting and …
IMF predicts 3% economic growth in Armenia for 2017
The International Monetary Fund (IMF) expects Armenia's gross domestic product to grow by 3% and annual inflation to reach 2% in 2017, the IMF mission chief, Hossein Samiei, said. "Foreign capital …
IMF allocates $285.3 million to Georgia for reforms
Georgia will get $285.3 million in the next three years from the International Monetary Fund (IMF) to carry out a package of economic reforms in the country. "The IMF Executive Board approved a three-year extended arrangement under …
