Projections by the International Monetary Fund also estimate a deficit for 2024 due to the slowdown in economic activity and increased public spending.
Author: From the Newsroom
The IMF expects a GDP growth rate lower than in 2022 but still at a “strong” pace. Inflation is slowing down and international reserves are “comfortable.”
The Brazilian club beat the Egyptian 2-0 this Monday (18), earning a spot in the Club World Cup final in Saudi Arabia.
Sheikh Meshal al-Ahmad al-Sabah, 83, took over the post after the passing of Sheikh Nawaf al-Ahmad al-Sabah, 86, on Saturday (16).
A surge in arrivals is anticipated to hit during the last two weekends of the year. A spike is expected on December 22, welcoming an estimated 279,000 passengers.
Decision from Cairo to open fish and seafood market brings new business opportunities for the industry due to the local demand. The Arab country could reexport them to its African and Middle Eastern partners.
Brazil’s Minister of Environment and Climate Change told UAE news agency WAM that the decisions made at COP28 are the basis for initiating investments that are aligned with nature.
According to the Fund, the North African country is expected to close the year with 9.2% inflation, pressured mainly by food prices.
The institutions announced a USD 4.5 billion debt relief for the North African country in a joint statement. The IMF approved another disbursement of USD 9.3 million and is considering a three-year credit arrangement worth USD 100 million.
First draft text had asked for “eliminating” fossil fuels, a term that wasn’t adopted after negotiations that overran the deadline of the Dubai-held summit.
Data released by the National Institute of Statistics revealed a 5.28 billion deficit year to date through November. The result represents a drop compared to the last year’s numbers.
In A Vizinha Tunisiana, the Portuguese edition of Al-Ishtiyaq ila al-Jarah published by Tabla in Brazil, Habib Selmi depicts contemporary themes through a romantic relationship between two Tunisians living in France. The Arabic translation is by Felipe Benjamin Francisco.
The Syrian Ministry of Electricity has an open call for offers until January 29 to purchase and install electrical substation bays.
Data from government statistics agency IBGE showed that from July to September services and industry grew by 0.6% each, while the agricultural sector contracted by 3.3% from the second quarter.
