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Lebanese Politicians Pass Essential Financial Laws
...oductive cabinet. LEBANON: KEY ECONOMIC INDICATORS -IMF 2011 2012 2013 2014 2015 est. 2016 est. 2017 est. GDP Gr...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Kuwait Budget Surplus Down 25%
...dget) 1H14-15 KD BN % Nominal % Real 1H13-14 2013-14 2012-13 2011-12 REVENUE 15.09 -0....
Volume: 57Issue: 47Published at Fri, 21 Nov 2014 -
Dow Petchems JVs To Be Floated On Kuwait Exchange
...tar, and the UAE - approved in March 2011. The four also pledged $10bn to Bahrain to help ease social tension and promote economic development in the aftermath of the Arab Spring uprisings. Jordan and Morocco also received grants of $5bn each from the four GCC countries post-Arab Spring. These fo...
Volume: 57Issue: 47Published at Fri, 21 Nov 2014 -
Jordan Approves 2014 Budget, Spending Up 13%
...dget 2013 Budget **2013 Actual 2014 vs (%) 2012 Actual **’13 vs ‘12 (%) 2011 Actual ‘13 Bud ‘13 Ac...
Volume: 56Issue: 47Published at Fri, 22 Nov 2013 -
Syrian Bank Recapitalization To Cost Up to $16Bn
...rising in March 2011. At the same time Mr Mayyala attributed the recent strengthening of the local currency to a surplus of foreign exchange in the free market, from which the exchange bureaus could of late secure their foreign currency needs, rather than buying it from the CBS. In October the au...
Volume: 56Issue: 47Published at Fri, 22 Nov 2013 -
Sudan Rebuffs IMF Austerity Recommendations
...ficit which primarily came about as a result of Sudan losing some 75% of its oil revenues to the South when it seceded in July 2011. The deficit was estimated at around $2.4bn in June this year. Yet despite these measures, the IMF has urged the authorities in Sudan to continue along this same path and cu...
Volume: 55Issue: 47Published at Fri, 16 Nov 2012 -
UAE Issues 2012 Supplementary Budget
...e budget announced in October 2011, while total revenue will increase by Dh3.7bn ($1bn) to Dh45.1bn ($12.3bn) from Dh41.4bn ($11.3bn). The resulting deficit will now stand at Dh1bn ($272mn), compared to Dh400mn ($109mn) in the original budget (MEES, 17 October 2011). According to the de...
Volume: 55Issue: 47Published at Fri, 16 Nov 2012 -
IMF Sees Solid Economic Performance In Algeria
...at the fiscal balance is expected to deteriorate to 3.7% of GDP, weighted by the full effect of wage increases and back payments. It points out that “vulnerability to hydrocarbon prices has constantly increased, with the breakeven price reaching $121/B in 2012.” Unemployment was stable at 10% in 2011...
Volume: 55Issue: 47Published at Fri, 16 Nov 2012