Minister of Finance and Planning Shukri Bishara Sunday stressed the importance of supporting the budget of the State of Palestine so that the government can meet its financial obligations and achieve economic growth.
Mena Economic and financial news
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04/22/2018
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12/13/2017An International Monetary Fund (IMF) team led by Mr. Chris Jarvis visited Beirut from December 6 to 13, 2017 to take stock of recent economic and financial developments in Lebanon, assess the economic outlook, and discuss policy priorities.
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11/15/2017The European Bank for Reconstruction and Development (EBRD) underscored its support for economies in the southern and eastern Mediterranean (SEMED) at a regional business forum in Cairo that saw a flurry of new investment across a number of economic sectors.
It was the EBRD’s second SEMED Business Forum since the Bank started investment in the region in 2012. It provided a forum for discussion about the challenges and the opportunities in the EBRD’s Arab economies and saw project signings worth over €300 million.
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11/21/2017PwC’s latest report says that the region has the lowest time for compliance, but that may change
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10/11/2017New World Bank report identifies factors influencing the region’s medium to long term growth -
10/17/2017The European Commission, on behalf of the European Union (EU), has today approved the disbursement of a €100 million loan to Jordan under its Macro-Financial Assistance (MFA) programme.
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08/23/2017DAMMAM — The privatization of ministries, which come under 10 targeted sectors, does not mean transferring their ownership to the private sector, said Abdul Rahman Al-Rashid, chairman of the Economic and Energy Committee at the Shoura Council.
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08/01/2017The Executive Board of the International Monetary Fund (IMF) today completed the second review of Iraq’s three-year Stand-By Arrangement (SBA), which is designed to support Iraq’s economic reform program and restore fiscal balance over the medium term. The completion of the second review allows the authorities to draw the equivalent of SDR 584.2 million (about US$ 824.8 million), bringing total disbursements to SDR 1494.2 million about US$ 2109.7 million.
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07/19/2017Dubai: A new global report suggests the UAE is the “third most-prepared for change in the world”, said global audit firm KPMG on Wednesday.
The UAE also topped the list of all Middle East and North African (Mena) countries as the most ready to meet the future, KPMG said in its international Change Readiness Index (CRI).
The index ranked 136 countries for their capacity to “respond and adapt to significant change, resulting from short-term events, such as natural disasters, and longer-term demographic, economic, social and technological trends”, said authors.
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07/19/2017Lebanon has become a shareholder of the European Bank for Reconstruction and Development (EBRD) with a view to becoming a recipient of the Bank’s investments and advisory services.
