Welcome to the IMF’s official Middle East & North Africa account. We share our latest news, reports, and events from the region in Arabic, English, and French.
Our new research on fiscal policy in the Caucasus and Central Asia is out now! The paper looks at how stronger fiscal frameworks, better planning, and improved institutions can support resilience and sustainable growth. https://t.co/3pUS4rk0w6
Stronger central bank independence can help countries in the Middle East and Central Asia reduce inflation and improve macroeconomic stability, especially during shocks. A new IMF paper looks at why sustained reforms matter. https://t.co/ciwvHd1ujl
Happening today at 2:30 PM AMT (6:30 AM ET): The launch of our new paper on fiscal policy and frameworks in the Caucasus and Central Asia as part of a conference hosted by the Central Bank of Armenia. https://t.co/DPNKyMBWnZ
New IMF research on central bank independence in the Middle East and Central Asia is now available. The paper looks at how stronger central bank independence can help reduce inflation, improve stability, and strengthen resilience to shocks. https://t.co/ciwvHd1ujl
LIVE NOW: We present research on Central Bank Independence and Monetary Policy Effectiveness in the Middle East and CCA region. https://t.co/zk2DZr0zZb
Join us today at 4 PM AMT (8 AM ET) for the launch of a new IMF paper on Central Bank Independence and Monetary Policy Effectiveness in the Middle East and CCA region as part of a conference hosted by the Central Bank of Armenia. https://t.co/zk2DZr0zZb
Governments are expanding industrial policy in response to crises. But whether it delivers sustained gains, and at what cost, depends on design, governance, and global coordination. Read our blog for more: https://t.co/dGwYK1xnod
COMING SOON : From trade to tech, finance to security—geoeconomics is redefining the rules of global power.
Explore it all in the upcoming June issue of F&D: https://t.co/hJVFAm7HDX
Countless blessings and warmest wishes to all celebrating Eid al-Adha. May this special time of reflection, generosity, and compassion remind us of the importance of supporting one another and nurturing strong, caring communities. Eid Mubarak.
New AI tools that threaten supercharged cyberattacks are a financial stability risk, not just technical or operational issues. See our blog on resilience and safeguarding global markets. https://t.co/IrZMDyxegP
The shock from the war in the Middle East is global but the impact is uneven. Exporters able to keep exports flowing face smaller headwinds, while oil importers with limited policy space are more vulnerable. Our Chart of the Week shows where risks overlap: https://t.co/iuxSFENgEG
At the Economy Middle East Summit, Jihad Azour, Director of the Middle East and Central Asia Department, International Monetary Fund, highlights that “Global financial conditions have remained relatively accommodative.”
In a presentation titled, ’Navigating regional economies through global uncertainty and change’, Azour says that “Sovereign spreads are below pre-conflict levels while ERs haven’t moved much as capital outflows have stabilized after a surge following the onset of the war.”
On the energy front, Azour noted that “Energy prices have fluctuated widely, yet without significant spikes since April, while inventories have continued to fall.”
He said, “Markets are still expecting that oil prices will fall rapidly from current levels.”
#EconomyMiddleEast #EconomyMiddleEastSummit
Governments can respond to energy and food price shocks in ways that help vulnerable people and keep businesses open without further straining public finances. See our new blog:
https://t.co/tkBrkN614L
محافظ بنك كوريا المركزي، تشانغ يونغ ري، يذكر في مقابلة مع مجلة التمويل والتنمية أن التواصل الواضح والتفاعل مع الجمهور أصبحا الآن جزءا ضروريا من عمل البنوك المركزية، وليس عملا إضافيا اختياريا. https://t.co/YT7mE3dkgK
IMF’s @jihad_azour held an excellent meeting with UAE @MOFUAE Minister Mohamed Al Hussaini in Dubai. They exchanged views on the impact of regional developments on the MENA countries’ economic outlook and how the IMF and the UAE can continue to deepen their partnership.
H.E. Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, received Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF).
They had a productive exchange on the war’s economic impact on the Middle East and the world, discussed policy responses, and underscored the critical importance of strengthening GCC cooperation to build resilience and sustain long-term growth. https://t.co/4hH5zvYJaN
The IMF & @MOFKSA senior staff held a second high-level strategic dialogue in Riyadh on a partnership that ensures continued support for capacity development to IMF members across the Middle East, North Africa, Sub-Saharan Africa and globally. https://t.co/8Zpklob1IK