China's central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a last-ditch stimulus assault to pull economic growth back towards this year's roughly 5% target. More fiscal measures are expected to be announced before China's week-long holidays starting on Oct. 1, after...
ECB to put an end to bond buying in July
The European Central Bank "should" end its stimulus program at the beginning of the third quarter, its vice-president said in an interview published Thursday, opening the door to raising interest rates from historic lows.UAE economy has passed recovery phase, on to growth path: Minister
According to the central bank's second-quarter review, the UAE economy is expected to grow 2,1% this year due to pandemic-mitigation measures.
UAE Central Bank to do away with Covid stimulus measures
The Central Bank of the United Arab Emirates has decided to gradually do away with all the stimulus measures introduced in the wake of the outbreak of the Covid infection in the country.
OFID lends Jordan $70m to boost economy
The loan is expected to be used to provide for stimulus packages to for workers and create new jobs.
