Middle-east Arab News Opinion | Asharq Al-awsat

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Lebanon’s Central Bank main entrance in Beirut, Lebanon July 18,2016. (REUTERS/ Jamal Saidi)

IMF Lauds Lebanon Steadiness, Warns of Debts

by Asharq Al-Awsat | Sep 15, 2017 | Business

London- The International Monetary Fund (IMF) announced that the Lebanese economy has shown resilience despite the burden of Syrian refugees escaping the war in their country. Yet, IMF warned Lebanon that it should control the sovereign debts. Chris Jarvis, an IMF...

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Customers look at gold jewellery displayed at a shop in Amman, Jordan July 27, 2015. REUTERS/Muhammad Hamed

Jordan Debts Reach USD37 Billion

by Mohamed Al-Daameh | May 12, 2017 | Business

Amman – Jordan Finance Ministry stated that the public debt of the kingdom has reached JOD26,542 billion (USD37,424 billion) in the first quarter of 2017 representing 95.1% of the GDP. The ministry revealed in its monthly publication issued on Thursday that...

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The Euro sculpture is pictured in Frankfurt January 24, 2012. REUTERS/Lmar Niazman

Tunisia Turns to International Markets to Borrow

by AlMunji alSaidani | Feb 10, 2017 | Business

Tunisia- Tunisia has announced its determination to turn to European financial markets, namely in Germany, to receive EUR1 billion (approximately TND1.437 billion) to support more resources in the state’s treasury. Representatives of Tunisia’s government began holding...

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Customers look on as a vender displays fresh produce in
Khartoum, Sudan. Photo: Reuters

Sudan to End Subsidies by 2019

by Saif Al-Yazal Ba Baker | Feb 1, 2017 | Business

Khartoum, London- Sudanese Minister of State for Finance Magdi Hassan Yasin stated that his country plans to end all subsidies on food and fuel by 2019 and forecasts the lifting of U.S. sanctions will earn its hard currency-starved economy USD4 billion per year in...

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A shopkeeper (R) waits for customers at his jewellery shop in the old quarters in Tunis, Tunisia August 10, 2016. REUTERS/Zoubeir Souissi

Tunisia Reduces Poverty from 20.5% to 15.2%

by Al-munji al-Saaidani | Jan 2, 2017 | Business

Tunisia- The poverty rate in Tunisia was down from 20.5% to 15.2% in the period extending from 2010 to 2015, as per a quinquennial survey on consumption made public by Hédi Saidi, the general director of the National Institute of Statistics. “From 2010 to 2015, the...